Solar panel installations in Illinois are growing rapidly in the Chicagoland area, and for good reason. Innovations in solar panel technology has increased their efficiency while decreasing their cost. By adding a solar panel system to your home you will avoid increasing utility bills by taking full control of your energy.find out how
With federal tax credits, state energy credits, net metering and property tax exemptions, there really isn't a better time to install a solar panel system to take advantage of all of these benefits in Illinois. And not to mention helping the environment by reducing your carbon footprint.
ComEd, one of IL's largest utility companies, provides rebates for commercial and industrial (C&I) customers to help decrease the out-of-pocket costs of installing solar and other energy efficiency products.
Whenever you improve your home, it often means that your home value increases. This is a great perk, even though you have to pay increased property taxes. However, you don't need to worry about that when you install solar panels. Thanks to the Illinois government, solar panels are completely property tax exempt. So you can enjoy all the added value your new solar panel system brings without paying any extra taxes.
Net metering, or net energy metering (NEM), is a system used by electric utility companies to determine your electric bill based on your net power consumption. Any excess solar power your panels product is sent to your utility grid. Your utility company will then credit your account with that extra energy.
Regardless of where you live, you are able to take advantage of the best solar incentive. The federal solar tax credit, also known as the investment tax credit (ITC), allows you to deduct 26 percent of the cost of installing a solar energy system from your federal taxes. The ITC applies to both residential and commercial systems, and there is no cap on its value.
Solar Renewable Energy Credits (SRECs) and Illinois’ renewable portfolio standard (RPS) means the state is committed to producing 25 percent of its electricity from renewable resources by 2025. That’s an ambitious goal, and to make it happen, the state has a program that rewards homeowners for helping Illinois reach that target.
For each megawatt hour (MWh) of electricity your solar system produces, you will be granted one Solar Renewable Energy Credit (SREC) that you can then sell in the market, creating a nice income stream for the life of the system. SRECs are not available to customers who choose a lease or PPA type system.
Help the environment and lower your energy bills by joining the solar revolution today!
Whether you are in Chicago or any other city in the state, the Headline Solar is the best solution for all those seeking solar renewable energy. The state allows some great rebates and you can now cover the roof with panels to meet your energy needs. Now is the time to shift to solar energy and enjoy big benefits of the tax cuts and energy credits. We make it all easier for you with some economical offers that are not only going to work for our commercial clients but also the residential customers who can enjoy consistent and endless supply to keep their homes warm, and lit.
You can enjoy the solar energy supply through a one-time installation that will cost you between $11,500 to 13,500. This cost will be divided into multiple payments in case you choose any financial service that can take the burden off your budget. The one-time investment will last a life time as you will be reducing the carbon footprint, and will be contributing to a green future.
You are in for many pleasant surprises as far as the electricity bill is concerned. The bill prices are bound to reduce to a minimum, and the reason for that is huge electricity supply through the solar panels alone! No dependence on the grid means, zero spending and eliminating some expenses from your monthly logs.
Headline Solar uses the most photo-sensitive and efficient solar panels and the result is always going to be a long-lasting, worry-free state for our customers. You can rely on our solar panels to complete more than three years before you would need a change. Each panel goes a long way and much before that, your cost from the installation would have converted to zero expenses per month through electricity bills! Our services are the best way to go for all Illinois residents.
Since the early 1990s, the green revolution and shift from the grid to solar began for huge companies. However, since the pandemic and the faltering economies of households in the state, a lot of people started considering turning to solar. However, Headline Solar introduced its services for corporate and residential customers many years ago. Since then, we see the hop of thriving Earth, and a happier state of people due to the reduction in expenses, more guilt-free electricity consumption and living a life that does not suffer in any way!
Your lights will always be on with our panels in place. After the success of solar energy installation for corporations, we understood that it is going to be a success for residential customers who need the cut in cost of electricity and conscientiously want to contribute to a green future!