Like a hostage negotiation : Indiana bill on renewable energy standards dies after pushback msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.
34 Indiana counties restrict wind, solar projects. Lawmakers are pushing a bill to override them. London Gibson and Sarah Bowman, Indianapolis Star
Why a state law hurt Indiana s solar energy industry
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The roads in Henry County, Indiana, were dotted with signs protesting projects locals say will infringe on their rights and their quality of life: wind turbines.
The county is one of 34 around the state with ordinances that restrict wind and solar projects, or prohibit their construction altogether. Residents in these counties fear the projects, if too close to their homes, will tank property values as well as inconvenience the lives of those who live near them.
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2/16/2021 The power of the sun captured passively in solar arrays boosts energy independence and economic returns on the farm. While solar has been cost-prohibitive to farmers in the past, the rising cost of electricity and the dropping cost of solar installation has created a compelling crossroads. Now, the investment and payback make financial sense. Jeremy Lipinski, managing partner of Emergent Solar Energy in West Lafayette, Indiana, says the solar projects his company has designed and built within the past year have had five-year paybacks. That short timeline is achieved with the proper utilization of tax credits and grants. “A payback under seven years becomes very compelling because the components we install generally have a 25-year production warranty from the manufacturer and a 30-year economic life,” Lipinski explains.