Net Billing

Net Metering in Indiana

Current NEM policy, export rates, and impact on solar payback for Indiana homeowners.

NEM Export Rate

$0.060

per kWh

Avg Retail Rate

$0.122

per kWh

% of Retail

49%

compensation

Policy Status

Active

since 2017-05

System Limit

Up to 1 MW

max eligible

NEM Policy Details — Indiana

How Indiana compensates your excess solar generation

Net BillingActive

Senate Enrolled Act 309 transitioned from NEM to net billing. New systems receive 1.25x avoided cost for first few years, then avoided cost. Earlier NEM grandfathered 15 years.

NEM Rate$0.060/kWh
Retail Rate$0.122/kWh
Savings Gap-6.2c/kWh
Annual True-UpYes

Source: Indiana IURC, SEA 309 · Effective: 2017-05

Calculate Your NEM Savings in Indiana

$

NEM Rate Comparison

$0.00Indiana: $0.060$0.122 (retail)

Indiana's NEM rate is 49% of the retail electricity rate — significantly below retail, consider self-consumption or battery storage.

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Written & reviewed by

Jeremy Wolfe — Senior Solar Energy Analyst

Jeremy Wolfe is a solar energy analyst specializing in residential photovoltaic economics, federal and state incentive policy, and return-on-investment modeling for homeowners. He leads EnergyTools' solar research program and methodology.

  • 10+ years analyzing residential solar economics and payback modeling
  • Lead researcher for EnergyTools' 50-state solar cost-per-watt database
  • Author of 100+ solar ROI, payback, and incentive analyses

Methodology & data sources:NREL PVWatts, EPA FuelEconomy.gov, state utility commissions— updated 2026.