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Illinois

A Great Investment in the Land of Lincoln

Why Does Solar Work in Illinois?

We can’t stress this enough – Illinois currently has one of the best solar programs in the country. The Solar Renewable Energy Credit (SREC) program through the Illinois Power Agency (IPA) pencils to pay for up to half of your entire solar investment. Return on investments for ag/commercial facilities is expected to be as low as a single tax cycle; residential customers can enjoy a 3 to 4-year payback on average given all the current incentives. But the program has a limited capacity so it is advised to jump on it while it lasts!

 

So with the SRECs, the Federal Tax Credit equal to 30% of the cost of the system, accelerated depreciation available for businesses, and favorable solar policies from the electric utilities (Ameren, ComEd, and various Co-Ops), now is the time to go solar in Illinois.

Illinois
isea
Non-profit that promotes the widespread application of solar and other forms of renewable energy
Missouri Solar Company
REAP Grant: Deadlines and instructions on how to pursue a rural business/agricultural grant
Illinois Solar Energy
Illinois state-administered SREC incentive program supporting the development of new solar energy generation
Missouri Solar Energy Company
Highlights of Ameren’s solar policies and programs
Illinois Solar Rebates
Highlights of ComEd’s solar policies and programs
 
Going Solar
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