Solar Company in Peoria, IL
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Solar Panels Peoria, IL
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.
Peoria, IL solar incentives, tax credits & rebates
If you’re thinking about purchasing residential solar in Illinois, you’ll want to know about the solar incentives available to you. With varying options that include a federal tax credit and a property tax exemption, these incentives are attractive in different ways. Most importantly, they can decrease your buyback period.
- Federal solar tax credit – Homeowners who go solar can get a 30% credit on their federal taxes if their solar energy system is eligible*.
- Net metering – You could earn credits on your electric bill by selling the excess energy your array produces to your utility company1.
- Solar renewable energy certificates (SRECs) – Also known as Illinois Shines/Adjustable Block Program, SRECs are credits you can earn depending on your solar panel system’s production. You earn one certificate for each MWh of electricity your solar system produces over 15 years (1).
- Property tax exemption – According to the terms of this solar incentive, installing a rooftop array won’t increase your property taxes (2).
- Illinois solar rebate program – You could be eligible for a solar rebate from your utility company.
Get your free customized solar estimate
Call (866) 450-1012 or enter your information. An ADT Solar Energy Specialist will contact you to schedule your estimate and help you determine if solar is right for you.
Step 1 of 4:
Choosing ADT Solar as Your Solar Installation Company in Peoria
If you’re looking for an honest, reliable solar installation company in Peoria, look no further. ADT Solar uses only experienced and qualified solar installers and high-quality brands for our materials such as Q Cells 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!
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.
As a resident of Illinois, you get an additional rebate when you choose to install solar panels.
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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!