That’s because of legislation state lawmakers passed this year that lowers the amount utility companies have to pay for excess energy produced by home solar systems.
Organizers of Solarize Terre Haute says they’ve coordinated a discounted rate on solar installation with Jefferson Electric in Indianapolis.
Solarize Terre Haute says contracts need to be signed by September 30 to ensure those participating in the discounted purchase are eligible to have their panels installed in time to get a higher rate for the energy produced by the home panels over the next 30 years.
T.J. Hellmann is on the organizing team for Solarize Terre Haute.
“If you can get locked into the current net-metering it just allows you to make the investment pay off so much quicker, and so I think there’s kind of a scramble across the state to get the systems up and running by December 31,” Hellmann says.
Solarize Terre Haute is a part of Solarize Indiana, a larger group working to facilitate discounted rates and reliable solar installation in the state.
Nick McCreary is the sustainability coordinator at Indiana State University. McCreary says the clock is ticking and that is increasing interest in solar on campus.
“Anyone who had even a slight interest in going solar have definitely perked their ears up because if you want to do it, now is really the best time,” McCreary says.
The Terre Haute group is hosting the first of four informational meetings on Monday at 7 p.m. at the United Methodist Temple in Terre Haute.