By: Sheryl Swingley—
Muncie, IN—Solarize Indiana, a grassroots community group, will sponsor a Zoom meeting at 7 p.m. Thursday, June 25, to tell area residents and business owners how they can add solar panels on their houses or businesses before there is no longer a federal tax credit.
The Zoom meeting will involve a 30-presentation followed by an hour for questions and answers. There is no charge to attend the Zoom meeting.
Prior registration is required. The Zoom link for registration can be found at https://www.facebook.com/solarizeECI or by sending an email request to Carolyn Vann, cvann@bsu.edu,or John Vann, jvann@bsu.edu, who are co-chairpersons of Solarize Indiana.
The federal tax credit for installing solar is 26% in 2020 and 22% in 2021. Starting in 2022, there will no longer be a federal tax credit. Those with an investor-owned utility also will have net metering until mid-year 2032 if their system is installed before the end of June 2022. A third benefit of installing solar though Solarize Indiana is group pricing.
Most importantly, a solar installation permits more energy independence with less exposure to increasing utility bills, said Carolyn Vann.
In addition, adding solar does not affect the assessed value of a structure and will not increase the owner’s property taxes. The addition of solar has the potential to increase property value, however.
For more information, contact Carolyn Vann at cvann@bsu.edu.
