Indiana governor signs bill aimed at dimming solar incentive
May 3, 2017
INDIANAPOLIS (AP) — The benefit currently available to those who install solar panels will be sharply curtailed in the coming years, under a bill backed by Indiana's powerful utility companies that was signed into law by Gov. Eric Holcomb on Tuesday.
Driven by the plunging costs for sun-generated power, investor-owned utilities across the U.S. are looking to carve out a share of the market. But critics contend the new Indiana law is part of a broader nationwide push to muscle out smaller companies.
"Utilities absolutely understand there are benefits from putting solar on the grid, they ju...