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.
Government assistance in illinois for solar panels.
Incentives are made available for residential properties properties that house non profits and public facilities and community solar projects serving customers with low incomes.
Grants are available in low income areas.
The solar power tax credit will help you offset the initial installation cost of the solar power system.
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.
Illinois public universities are national leaders in energy research and have the expertise technical assistance and information services to advance efforts in energy conservation.
Not only does the state of illinois want to help you go solar the federal government does too.
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.
Illinois offers no sales tax exemption up front meaning you ll pay between 6 25 to 10 of the installed costs.
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.
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.
Illinois solar for all increases participation in solar energy projects serving low income and environmental justice communities.
Water heating systems and photovoltaic pv systems.
The tax break reduces.
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 office of energy is investing in illinois s public universities to carry out dynamic energy programming.
Isea is the state resource for renewable energy related policy developments educational classes events and access to local renewable energy vendors.
There are two main types of solar power systems.
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.
Solar power credits come in handy as they are an extra incentive for saving on energy costs.
Department of housing and urban development offers grants for home improvements using energy alternatives which can include 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.
Learn more about tax exemptions for solar.
