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The new law “changed the way incentives for solar would work in Illinois,” Vogt said.
“Since that period of time is when we’ve seen solar really accelerate.”
With its Climate and Equitable Jobs Act, the state committed to generating 100% sustainable energy by 2050.
Read more:Just looking for an emergency backup?
Check out our guides tobest portable solar panels for homesandsolar backup generators.
you’re free to then sell your credits or participate in the Illinois Shines program.
(More on that below.)
To qualify, a solar contractor will need to help you create plans and submit them for approval.
After the contractor installs the panels, the city will inspect the system for final approval and same-day permitting.
There could be backlogs and waitlists.
In Illinois, there are solar group buys inUrbana-Champaignand the greaterChicago area.
Customers can also receive a rebate in the same amount for installing a solar energy storage rig.
You’ll need to submit an system for the rebate within six months of passing the final inspection.
Those wishing to use this rebate will need to wait until 2025.
That means your tax bill in the following year would be lowered by $7,200.
it’s possible for you to carry forward any excess unused credit for future tax years.
Withnet metering, the utility company gives you credits for the solar energy you feed into the grid.
These credits can lower your utility bill.
This means you might use solar energy without installing solar panels on your property.
Here’s how it works: A utility or an organization builds a solar array at a community site.
Illinois Shines maintains a list of more than 100community solar projectsacross the state.
To download the list, head to theCommunity Solarpage and click “Find a Community Solar Project.”
The goal is 2050.
