Incentives

     We have the latest information on state incentives in Illinois – and offer to help you apply.  We can also give you further information on the 30% Federal tax credit that is available.  These two incentives help to make a solar PV electric system downright affordable and adds a sensible investment to your home. 

     Illinois State Property Tax Exemption of Renewable Energy Systems

     Solar Energy Rebate Program (PDF file) Updated for 2008!   

     Federal Incentives

 

If you are interested in information about another state, you may search the DSIRE site.

 

 

So how much can these incentives offset the initial installation cost?  The examples below illustrate the savings with existing rebates and credits.

                                                                  PV Roof System Examples*

	1,000 Watt Solar Array	4,000 Watt Solar Array
Initial Cost	$10,000	$30,000
IL 30% rebate +	- $3,000	- $9,000
Federal Tax Credit	- $2,000	- $2,000
Final Cost	$  5,000	$19,000

                                          

*Both examples include costs for mounting racks, wiring, grid-tie inverter, warranty services, tax, and freight.  Prices used are approximate.

Home | How Do I Start? | Installations | FAQs | Incentives | Links | Email

Home | How Do I Start? | Installations | FAQs | Incentives | Links | Email

139 Perene Avenue

Byron, Illinois 61010

 

Contact - Dave Merrill

Cell: (815) 262-2831

Office: (815) 262-2530