THE TIME TO GO SOLAR IS NOW!
Solar-4-Illinois is a once-in-a-lifetime solar program designed to incentivize and expand solar energy usage throughout Chicago and surrounding areas. Save the earth and save money today with Solar-4-Illinois!
About the Program
Solar-4-Illinois provides clean, renewable energy to homeowners at an affordable price. Every year temperatures continue to rise throughout Illinois, which means more Kilowatt hours of electricity are being needlessly consumed. Solar-4-Illinois is now offering up to $2,500 per household, No Money Down, No Payments for 24 months, and Rebate Incentives. Imagine being able to reduce your electricity bill by a third and combat climate change at the same time
– It’s a win-win!
Who Qualifies for this Program?
Illinois Solar Incentives and Tax Credits
Renewable Energy Credit (REC)
RECs are certificates that are created when a renewable energy-generating facility produces energy. RECs may be sold to the utility company for meeting the State’s Renewable Portfolio Standards.
Solar Renewable Energy Credit (SREC)
Residential: REC’s are a state incentive, whose value is equal to the solar energy you produce over 15 years, multiplied by the price set by the Illinois Power Agency for REC’s. For your system, the value is 7.1 cents/kWh produced, which is paid during the first year. Every year the value will decrease until the program is phased out.
26% Federal Solar Tax Credit
In 2021, the ITC will provide a 26% tax credit on your installation costs, provided that your taxable income is greater than the credit itself. For most homeowners, this effectively translates to a 26% discount on your home solar system. This Federal tax credit is expected to decline in 2022 to 22% and will continue to decline in the comig years.
Special Financing
Discounts while they last
Solar-4-Illinois is offering a 1.5% solar energy discount to accommodate a wide range of individuals and households. We’ve broken down the discount into three groups. Residents over the age of 50, homeowners that purchase solar within the first 30 days of the program launch, and another 1.5% discount will be offered to households that switch their roof from a standard roof to an energy-rated cool roof. Please feel free to contact Solar-4-Illinois for more information.
How can I enter in the program?
The savings and incentives have been designed with the sole purpose of installing more solar panels in Illinois. Please fill out the simple form below and a member of our Solar-4-Illinois team will contact you within 24 hours to answer any questions and set you on the path towards cleaner, less expensive energy for you and your family.
Be a part of the solution while cutting your household energy costs in half, if not more. Contact Solar-4-Illinois today and one of our associates will contact you with more information.
- 1066 National Parkway, Schaumburg, IL 60173
- (630) 912-7400
Apply today!
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