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Springfield, Illinois is the home of Lincoln and residents are proud of their city and its history. This is one reason why homeowners are making an investment in their homes by going solar.
You may be wondering why people are making the switch to solar in your neighborhood. What is it all about? Not only is it a great investment, but installing solar panels in Springfield, IL is also a great way to manage your electricity costs.
Did you know? Illinois has the nation’s 17th highest electricity prices! Electricity prices are on the rise in Illinois. In 2019, energy prices rose to the highest level in four years.
Choosing to install solar panels on your home in Springfield is a great investment. Not only can you lower your monthly electricity bill each month but you can help keep the air clean in Illinois. There are also a few incentives for going solar in Illinois that help make it easier than ever to switch to clean solar energy.
What incentives are available to you as a homeowner for going solar? In addition to ADT Solar’s 25 year labor warranty and production guarantee, there are also great federal, state and local incentives for going solar, including:
One of the best ways to get your solar panels is to take advantage of the 30% Federal Solar tax credit. Because the federal government knows just how important renewable energy is, they’ve implemented this incentive to encourage people to switch to solar. You may be eligible to get 30% of the total cost of your solar panels back in tax credits, including the cost of installation!*
The 30% rate is eligible on solar arrays installed through the end of 2032 and retroactive to systems installed in 2022 before the law passed. The tax credit gets reduced to 26% in 2033 and 22% in 2034.**
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.
Another way to capitalize on your solar panels is net metering. With net metering, any excess solar power that your panels produce is sent to your utility grid. Your utility company will then credit your account with that extra energy, which will further lower your monthly bill.
Currently, it is required that all utility companies offer net metering to their customers for systems up to 100kW in size. In addition, any unused credits at the end of the month roll over, and are automatically applied to your next bill!
You get an additional rebate as a resident of Illinois when you choose to install solar panels.
| Utility Company | Interconnection Requirements | Notes |
| Ameren |
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If you’re looking for an honest, reliable solar installation company in Springfield, look no further. ADT Solar uses only experienced and qualified solar installers and high-quality brands for our materials, such as Silfab solar panels and Enphase microinverters. We use nothing but the best people and the best brands because that’s exactly what our customers deserve.
In addition, each solar panel installation we perform also comes with our 25 year Labor Warranty and our 25 year Production Guarantee. We will also perform a full energy audit on your home to ensure that you get the maximum possible savings with your solar panel system.
ADT Solar is here to provide all your solar needs. We offer turnkey solutions so you can switch to green, renewable energy with zero stress. To learn more about switching to solar, or to schedule your free consultation, simply call us today!
Disclaimer
*Tax and credits or incentives including those provided by federal, state, or local governments may change or end. This can impact the amount of money you might save. Consult a tax professional to understand any tax liability or eligibility for any tax credits that may result from the purchase of your solar system.
**If you have taxable income and own the system, you may qualify for the federal investment tax credit (ITC). It is your responsibility to determine your eligibility and to apply. Consult a qualified tax professional for assistance and details.