The state of Illinois offers a number of cost-reducing measures to encourage the installation of solar power systems. Largest savings are realized through grants and rebates, and Illinois offers both to its residents.
Illinois Grants and Rebates
Illinois offers a grant program in the amount of up to 30% of the project costs incurred for all sectors except single family residences. There is an additional private grant program for non-profits, schools, and local governments.
The state also provides a rebate program in the amount of 30%.
Illinois Other Incentives
Illinois offers a production incentive through the use of renewable energy credits, in the amount of $.06 kWh.
A Green Building Initiative provides discounted consultation and building codes fees for new construction.
Solar equipment is exempt in Illinois from property taxes.
Illinois does not offer any financing programs for conversion to solar power at this power. The federal government, however, provides a number of lending programs.
Additional information can be found by visiting the DSIRE:Database of State Incentives for Renewables & Efficiency.