How can I enter 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.

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solar consultation

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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.