Government Assistance In Illinois For Solar Panels

Illinois has lots of sunshine and laws that are favorable for solar power and renewable energy.

Government assistance in illinois for solar panels.

The office of energy is investing in illinois s public universities to carry out dynamic energy programming. Solar powering america is an interagency initiative between the u s. Talk to a local installer about the incentives available in your area. Not only does the state of illinois want to help you go solar the federal government does too.

For example in texas hawaii and illinois some power companies and organizations provide funding to school solar projects. Department of housing and urban development offers grants for home improvements using energy alternatives which can include solar panels. Alabamasaves offers schools a zero interest loan for energy efficiency investment programs in schools and other public facilities. Department of energy doe u s.

Grants are available in low income areas. 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. 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. Solar panel installations scam.

Solar power credits come in handy as they are an extra incentive for saving on energy costs. This year one of the biggest scams around is the solar power system or solar panels for your home scam. Water heating systems and photovoltaic pv systems. It is part of home improvement fraud and is doing its rounds again.

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. For solar energy the first major step illinois took to encourage installations was to pass the special assessment for solar energy systems in 1998. 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. There are two main types of solar power systems.

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. Learn more about tax exemptions for solar. How it works with video below solar panel installations and fake products. The solar power tax credit will help you offset the initial installation cost of the solar power system.

Department of housing and urban development hud and the environmental protection agency epa to support greater solar deployment.