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Jul 16

Illinois Solar Incentive Programs

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.

Summary of Illinois Incentive Programs
•Federal Tax Credit 30%
•State Tax Rebate 30%
•State Grant Program to 30%

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.

Financing Options

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.

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