Government Assistance In Illinois For Solar Panels

Incentives are made available for residential properties properties that house non profits and public facilities and community solar projects serving customers with low incomes.

Government assistance in illinois for solar panels.

The tax break reduces. Other states do offer a 100 sales tax exemption and illinois even offers the exemption for wind energy installations so the legislature needs to catch up here. The solar power tax credit will help you offset the initial installation cost of the solar power system. Isea is the state resource for renewable energy related policy developments educational classes events and access to local renewable energy vendors.

The office of energy is investing in illinois s public universities to carry out dynamic energy programming. Illinois has lots of sunshine and laws that are favorable for solar power and renewable energy. The illinois solar energy association isea is a non profit organization that promotes the widespread application of solar and other forms of renewable energy through education and advocacy. There are two main types of solar power systems.

In addition the federal government offers a 30 tax credit for the whole installed cost of your system that s a huge benefit available to you no matter where you live in the us. Illinois offers no sales tax exemption up front meaning you ll pay between 6 25 to 10 of the installed costs. Water heating systems use heat from the sun to heat the water in your home and photovoltaic systems use heat from the sun to generate electricity. Department of housing and urban development offers grants for home improvements using energy alternatives which can include solar panels.

Illinois public universities are national leaders in energy research and have the expertise technical assistance and information services to advance efforts in energy conservation. Talk to a local installer about the incentives available in your area. How the program works. Water heating systems and photovoltaic pv systems.

Learn more about tax exemptions for solar. Solar power credits come in handy as they are an extra incentive for saving on energy costs. Not only does the state of illinois want to help you go solar the federal government does too. In addition to the policies mentioned above you can reduce the cost of your solar energy system by 26 percent with the federal investment tax credit itc.

The bill which remains available today provides a property tax easement by equating the solar equipment to be valued at no more than the value of a conventional energy system. For solar energy the first major step illinois took to encourage installations was to pass the special assessment for solar energy systems in 1998.