Illinois has lots of sunshine and laws that are favorable for solar power and renewable energy.
Government assistance in illinois for solar panels.
For solar energy the first major step illinois took to encourage installations was to pass the special assessment for solar energy systems in 1998.
Incentives are made available for residential properties properties that house non profits and public facilities and community solar projects serving customers with low incomes.
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.
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.
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.
Isea is the state resource for renewable energy related policy developments educational classes events and access to local renewable energy vendors.
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.
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.
An average sized residential solar system about 400 square feet of solar panels costs 18 000 according to the solar energy industries association an industry group.
The solar power tax credit will help you offset the initial installation cost of the solar power system.
How the program works.
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.
The office of energy is investing in illinois s public universities to carry out dynamic energy programming.
Illinois public universities are national leaders in energy research and have the expertise technical assistance and information services to advance efforts in energy conservation.
Solar power credits come in handy as they are an extra incentive for saving on energy costs.
Learn more about tax exemptions for solar.
Grants are available in low income areas.
Illinois offers no sales tax exemption up front meaning you ll pay between 6 25 to 10 of the installed costs.
Water heating systems and photovoltaic pv systems.
The tax break reduces.
Not only does the state of illinois want to help you go solar the federal government does too.
There are two main types of solar power systems.