Thinking about going solar in Illinois? You're not alone. The initial price tag can be intimidating, but the Land of Lincoln has stepped up, providing a suite of incentives to make the switch more affordable and rewarding. Let's uncover these opportunities.
The Sunshine Deal: Illinois Shines Initiative
Illinois has an ace up its sleeve: the Illinois Shines program. Here's the scoop: for every 1,000 kilowatt-hours (kWh) your solar system generates, you earn one Solar Renewable Energy Credit (SREC). These credits can be sold at market rates to local power companies. There's a catch, though—you need to team up with an approved vendor to qualify. Despite a waitlist, it's a deal worth considering. Find out more.
Solar Access for All: The ILSFA Program
For low-income families and nonprofit organizations, Illinois rolls out the red carpet with its Illinois Solar for All (ILSFA) program. This program allows eligible participants to either join community solar programs or install solar panels at a minimum cost. The ILSFA covers:
Low-Income Distributed Generation
Low-Income Community Solar
Nonprofit Organizations and Public Facilities
Want to check if you qualify? Visit the ILSFA website for more information.
Chicago's Gift: The Green Building Permit Program
Chicago residents have an extra incentive: the Green Building Permit Program. This program fast-tracks the permit process and offers potential reductions in permit fees, saving you time and money. Curious?
Check out the City of Chicago website.
Save More with Property Tax Exemptions.