Does Illinois Offer a Solar Energy Rebate?
by Kelly Anderson, on Apr 17, 2020 12:53:00 PM
Find out how you can save on a solar installation
One of the best things about investing in a solar system is how much you could potentially save. In addition to reducing your reliance on the local grid, and enjoying a sustainable energy source, qualifying customers can effectively pay less each month on their energy bill than they would if they stuck with the local power company. So, many Chicago homeowners are looking for ways to finally make the leap into solar. From investment tax credit to SRECs, there are plenty of ways to reduce your energy costs. But does Illinois offer a solar energy rebate? Find out below.
Can You Benefit from an Illinois Solar Energy Rebate?
Illinois offered a rebate for customers of investor-owned utilities -- that is, utilities provided by private companies rather than the local government. Unfortunately, that rebate ended with the start of the new year.
So, the short answer is no. You can’t benefit from a solar rebate. However, you can benefit from various other incentives, including the ITC, SREC, and Illinois net-metering. All three programs can combine and drastically reduce the cost of an installation for qualifying customers.
How do you know if you qualify? Contact Summit Solar and enjoy a comprehensive shading analysis. We’ll help you understand how much sun your home gets throughout the year and give you an accurate estimate on how much you could potentially save by switching to solar.
Additionally, the state won’t penalize you for adding value to your property. Solar panels can increase your property value by an average of four percent. Thanks to the state’s property tax exemption, you won’t see that reflected on what you pay to the government.
Work With a Local Professional
At Summit Solar, we take pride in delivering custom solar installations that look clean, sleek, and won’t disrupt the look of your property. Our low-profile black glass panels will power your home seamlessly.
We also help you simplify the process of going solar. Don’t worry about getting permits signed or filing the paperwork for tax credits and other benefits. We’ll take care of it for you. When you work with us, going solar is easier than ever.
If you want to work with Illinois’ leader in solar power solutions, all you have to do is click here. Or give us a call at 888-884-3557 today!