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Illinois Solar RebatesLearn how to qualify for solar rebates in Illinois to make your own power and save money on your energy costs. Get the latest facts about government programs to help you go solar including tax credits, rebates, renewable energy credits and net-metering. This is a great time to consider the benefit of solar in Illinois.
Illinois solar rebates and solar incentives greatly reduce solar installation costs. Here you will find details about Illinois solar rebates available to home and business owners. Because of new technology and more Illinois solar rebates than ever, it is a great time to go green with clean solar energy.
First of all, any homeowners who install a home solar panel system is eligible for a federal income tax credit worth up to 30 percent of solar installation costs.
The Illinois Department of Commerce and Economic Opportunity offers a program known as the Solar Energy Rebate Program. This Illinois solar rebate covers as much as 30% of solar installation costs, up to $10,000 for home solar panel installation.
Another Illinois solar incentive is a Special Property Tax Assessment offered to residential, commercial, and industrial taxpayers. This enables solar panel systems to be valued at the same level as less expensive conventional energy systems.
In 2007, state lawmakers required all utilities to provide net metering to customers with renewable-energy systems up to 2 megawatts in size. Net metering enables you to sell any excess power your Illinois solar panel system generates back to the utility. This Illinois solar rebate allows you to earn a profit from your home solar panels.
Thanks to Illinois solar rebates, solar installation costs are accessible to almost everyone. Illinois solar panel rebates and incentives make it possible to Ògo greenÓ and save a ton of money in the process. Say goodbye to climbing utility rates and hello to the extra cash you will save with home solar panels.
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