Yes! Solar energy systems produce enough electricity in Indiana to provide a payback of 8-10 years for residential customers and 6-8 years for commercial customers. In fact, Indiana outproduces Florida during the summer, which helps make up for the dark winter months.
No, unless you want to go off-grid completely or want a battery back-up system in case the power goes out. If you stay connected to the grid, you just use grid power when your solar panels aren’t producing enough, like at night.
Net metering is an agreement with your electric utility, where the utility agrees to buy the extra power your solar system produces. If you overproduce electricity, your utility provides a credit to your account, which you use to offset your bill when you are using more power than your system is producing.
In Northern Indiana, solar is almost always better. Solar provides a better payback than wind and has little to no maintenance. Wind has too many moving parts and requires regular maintenance, which increases the cost and hassle to customers and installers.
An average residential size in Indiana is around 5 kW to 10 kW, which can cost between $14,000 to $25,000 up front; with tax incentives, that can be brought down to $9,800 to $17,500. Every system’s size is dependent on how much electricity the customer uses and wishes to offset with solar.