Connect with us

Hi, what are you looking for?


Clean Power

Indiana Farms Save More With Solar Than Homes Do

Farms in Indiana could save up to 92% by using solar energy rather than traditional grid-sourced electricity, whereas homes in the same state would only save approximately 50%.


Image Credit: Wally Tyner amid solar panels on the roof of Purdue’s Knoy Hall via Purdue Agricultural Communication / Tom Campbell

This, according to a new study conducted by economists at Purdue University and published in the journal Energy Policy.

According to the study, current energy policies play “key roles” in tempting people to solar energy in Indiana, but businesses have a one-up on the average consumer, a tax policy option known as depreciation, whereby businesses can deduct their investment in solar from their revenues.

Subsequently, according to the benefit cost analysis conducted by Purdue economists Wally Tyner and graduate student Jinho Jung, if homeowners were allowed the same tax options, they could be saving a lot more on the switch to solar.

“Under current law and policy, whether you lose or make money with solar as an Indiana homeowner is like throwing the dice – you don’t know,” said Tyner, the James and Lois Ackerman Professor of Agricultural Economics. “But solar is a clear economical choice for farm businesses. The tax advantage from depreciation makes a huge difference in the overall economics.”

Tyner believes that consumers are currently facing a simple question — is it, or is it not cheaper to own and run solar electricity when compared to existing grid-sourced electricity? This is particularly an issue in states like Indiana, where electricity costs are already lower than the national average. However, a switch to solar in a state like Indiana — which acquires 95% of its electricity from cheap coal power — could be a mammoth opportunity for the solar energy industry.

“If you put solar energy and coal power on a level playing field, solar emerges as a clear winner,” Tyner said. “Many more homes in this state would have it.”

Appreciate CleanTechnica’s originality? Consider becoming a CleanTechnica Member, Supporter, Technician, or Ambassador — or a patron on Patreon.

Have a tip for CleanTechnica, want to advertise, or want to suggest a guest for our CleanTech Talk podcast? Contact us here.

Written By

I'm a Christian, a nerd, a geek, and I believe that we're pretty quickly directing planet-Earth into hell in a handbasket! I also write for Fantasy Book Review (, and can be found writing articles for a variety of other sites. Check me out at for more.


You May Also Like


Electrifying One Medium-Sized Tractor in California Reduces Carbon Emissions by as Much as Replacing 45 Cars with EVs

Clean Transport

Article courtesy of Purdue University. WEST LAFAYETTE, Indiana — Purdue University engineers have invented a new, patent-pending charging station cable that would fully recharge...

Clean Transport

INDOT, Purdue to Develop Wireless Electric Vehicle Charging Solution for Highway Infrastructure

Clean Power

Participants Gained Blue Economy Connections and Real-World Experience in the NREL-Managed Competition

Copyright © 2021 CleanTechnica. The content produced by this site is for entertainment purposes only. Opinions and comments published on this site may not be sanctioned by and do not necessarily represent the views of CleanTechnica, its owners, sponsors, affiliates, or subsidiaries.