Prosecutors say Donnis Mizelle of Avon defrauded Hendricks Power Cooperative by siphoning funds from the utility's expense account.
Solar power provides only about one percent of the country's energy, but employment in the industry is growing rapidly.
The statewide funding gap is an estimated $7 billion.
This settlement builds on a previous agreement from 2012 that required Edwardsport’s shareholders to pay the full construction and start-up costs.
The June 2016 levels are higher than May 2016, but the City of Bloomington says the numbers are lower than June 2015.
A decade ago, industrial electric bills in Indiana were the sixth-lowest in the U.S. They've risen by two-thirds since then, and the state now ranks 26th.
Best estimates from the state indicate Indiana’s water utilities need around $15 billion to improve their infrastructure.
A bill approved Wednesday in a House committee would allow utilities to charge future alternative energy customers a fee.
The new proposal would provide flexible energy efficiency goals for utility companies.
Indiana state law says a bill becomes law if left unsigned by the governor for seven days.