Why can’t smart people use their thinking skills to make what works, work better?
It is an unequivocal reality that the future holds great energy challenges. As coal power plants become obsolete other energy forms are being introduced. Wind power comes to mind. It gobbles up large tracts of land—farm land needed for the growth of food. The turbines emit a whoop, whoop, whoop noise. It is a death trap for birds. There are huge repair costs if a tornado warps or breaks turbine blades. How would this affect your energy bill cost from wind power? What will happen to these huge wind farms when they become useless? Will they be another ugly scar on the horizon left by humans? Mutter, mutter.
I believe that our best source of renewable, sustainable power is the sun. In California, “any new home constructed after 2020 will have to be at least partially solar powered.” That is a great idea.
Here is what Indiana offers for people going solar taken from the Indiana Solar Incentives webpage:
Additionally, these laws prevent planning and zoning authorities from blocking your home solar panel installation.
Indiana tax benefits for dsolar
Check out the most significant incentives that will sweeten the deal for solar in Indiana:
Renewable energy property tax exemption
For any new solar PV system installed in Indiana, the assessed value of the system is exempt from your property taxes. That means that, even though your solar installation adds value to your property, the added value can’t be counted when property is being assessed for taxes. Thanks to the Indiana renewable energy property tax exemption, you don’t have to worry about your solar system adding to your tax load.
Indiana sales tax exemption
When you purchase a solar energy system in Indiana, many of the components are exempt from sales tax under Indiana’s sales tax exemption for electrical generating equipment. According to the law, you don’t have to pay sales tax on your solar modules, racking, and inverters because they are directly involved in the production of electricity.
Federal solar tax credit (ITC)
One of the best incentives available to solar shoppers in Indiana is the federal solar tax credit, also referred to as the Investment Tax Credit. The ITC deducts 30 percent of the cost of your solar energy system from your taxes, which means big savings for solar shoppers.
Most of us purchase new or, at least, newer used vehicles every few years out of necessity. Alternative forms of energy appear to be close to being a necessity, too. And, like a vehicle, solar energy pays for itself in the long run--less than ten years. I guess I will mutter no more and instead think about how I might go about acquiring solar energy—other than the passive kind.
©Ann Rains, September 22, 2019
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