As the deadline to make a decision looms, Hoosiers have petitioned the Indiana governor to veto the bill that would remove much of the financial incentive for residential solar.

So far there is no inkling of which way Eric Holcomb will swing when it comes to the future of SB 309, but he has merely stated that he was “still reviewing” them and “looking at every angle.”

Try Premium for just $1

Full premium access for the first month at only $1
Converts to an annual rate after 30 days unless cancelled
Cancel anytime during the trial period

Start $1 Trial

Premium Benefits

Expert industry analysis and interviews
Digital access to PV Tech Power journal
Exclusive event discounts

Or get the full Premium subscription right away

Get Premium Subscription

Or continue reading this article for free

Get Basic (FREE) Subscription

The bill would end retail net metering by 2022 – reducing the buy-back rate for excess power from around US$0.11/kWh to around US$0.3/kWh.

However, several solar energy entrepreneurs and interested parties assembled outside of the governor’s office yesterday, urging him to veto the bill. In fact, the solar supporters carried a 50-pound solar panel into the governor’s office endowed with the signatures of 350 locals who oppose SB 309. The governor was not at the presentation.

Last week, 16 CEOs and founders of Indiana tech firms signed a letter asking for a veto.

“If the governor is committed to Indiana being a jobs magnet, he must veto SB 309,” said Reggie Henderson, vice president and general manager of Carmel-based Telamon at the presentation.

“One of the things we wanted to do was make sure that the governor’s office was aware that many Hoosiers are in opposition to this,” he added. “We’re still in shock right now that this bill got as far as it did.”

Phil Teague, co-founder of Rectify Solar, said the bill sends the wrong message to “home-grown entrepreneurs” who have solar panels on their rooftops.

“SB 309 is against the spirit of innovation that the governor is trying to foster,” he said.

Holcomb has until the end of the day today to either sign the bill into law or veto it.

UPCOMING EVENT

PV ModuleTech USA 2026

16 June 2026

Napa, USA

PV Tech has been running PV ModuleTech Conferences since 2017. PV ModuleTech USA, on 16-17 June 2026, will be our fifth PV ModulelTech conference dedicated to the U.S. utility scale solar sector. The event will gather the key stakeholders from solar developers, solar asset owners and investors, PV manufacturing, policy-making and and all interested downstream channels and third-party entities. The goal is simple: to map out the PV module supply channels to the U.S. out to 2028 and beyond.

UPCOMING EVENT

PV CellTech USA 2026

13 October 2026

San Francisco Bay Area, USA

PV Tech has been running an annual PV CellTech Conference since 2016. PV CellTech USA, on 13-14 October 2026 is our third PV CellTech conference dedicated to the U.S. manufacturing sector. The events in 2023, 2024 and 2025 were a sell out success and 2026 will once again gather the key stakeholders from PV manufacturing, equipment/materials, policy-making and strategy, capital equipment investment and all interested downstream channels and third-party entities. The goal is simple: to map out PV manufacturing in the U.S. out to 2030 and beyond.