What is the Indiana net metering rate in 2026?

In Indiana, exported solar is valued at the utility's wholesale avoided-cost rate, well below retail — roughly ~25–50% of retail of the retail electricity price. The exact figure depends on your utility and rate schedule.

Do net metering credits roll over each month in Indiana?

In most IN utility territories, surplus credits carry forward to offset future bills. Some utilities cash out any leftover annual balance at a lower avoided-cost rate at the end of a 12-month true-up period.

Is it worth adding a battery in Indiana?

Because Indiana credits exports below retail (~25–50% of retail), storing your own solar and using it later is often worth more than exporting it. That makes batteries more economically attractive in IN than in full retail-rate states.

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Indiana Net Metering Rates 2026

Updated June 2026 · Sources: DSIRE, EIA

Indiana solar exports are credited under avoided-cost buyback, worth roughly ~25–50% of retailof the retail electricity rate. Here's exactly how it works, which utilities offer it, and what it means for your payback.

Credit Type

Avoided-cost buyback

Export Value

~25–50% of retail

Avg Payback

10.6 yrs

How Net Metering Works in Indiana

When your panels produce more electricity than your home is using, the surplus flows back onto the grid and your meter records the export. Indiana utilities credit those exported kilowatt-hours at the utility's wholesale avoided-cost rate, well below retail. You draw that credit back down at night or on cloudy days, so you only pay for your net consumption across the billing cycle.

Because Indiana lacks a full retail-rate mandate, the value you capture depends heavily on your utility's specific buyback tariff — read your rate schedule carefully before sizing a system.

What It's Worth: ~25–50% of retail of Retail

The single biggest driver of solar payback is how much your utility pays for exported energy. Indiana's avoided-cost crediting pays well below retail, which lengthens payback and makes self-consumption (and batteries) more important.

The average IN homeowner reaches payback in 10.6 years and nets $26,800 over 25 years with these rules in effect.

Indiana Utilities Offering Net Metering

The major utilities operating in Indiana are Duke Energy IN, AEP, NIPSCO. Net metering terms — true-up dates, monthly fees, and credit carryover — vary by provider, so confirm the current tariff with your specific utility before signing an installation contract.

Indiana Net Metering FAQ

Indiana does not have a statewide retail-rate net metering mandate. Most IN utilities offer a buyback program, but exported energy is typically credited at ~25–50% of retail of the retail rate rather than full value.

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What will net metering save you in Indiana?

Our calculator factors Indiana's avoided-cost buyback into your payback and 25-year savings — using your actual electric bill.

Calculate My IN Savings →Free · 60 seconds · no obligation