Private utility companies will give you back 25 of the project cost and then you will be able to apply the 30 federal tax credit on the solar pv system price after the.
Are there any solar farms in illinois.
Illinois has two main solar policies that will have the biggest financial impact on your investment.
U of i built a 5 97mw farm in champaign to power the university.
Illinois solar power incentives tax breaks and rebates.
In 2011 the limit was raised to 2 mw but is not net metering as the.
Each solar farm will be located on approximately five acres and have 2 062 solar panels.
But those renewable energy credits are the reason that baywa and other companies are proposing solar farms in illinois right now.
The adjustable block program.
When you join one of our illinois solar farms you will support locally produced renewable energy.
Neither of these are commercial farms.
Those credits are part of illinois future energy jobs act.
The legislation was.
It seems like we re going to become the renewable energy capital of illinois.
Then you will receive solar bill credits for the solar energy produced by your assigned portion of the clearway community solar farm.
Illinois renewable portfolio standard rps means the state is committed to producing 25 percent of its electricity from renewable resources by 2025.
Prairie power inc a springfield based generation and transmission cooperative providing wholesale power to ten illinois electric distribution cooperatives is building two 500 kw solar farms.
Illinois adopted a net metering rule which allows customers generating up to 40 kw to use net metering with the kilowatt hour surplus rolled over each month and lost at the end of either april or october as selected by the customer.
Additional solar farms there are two additional solar farms in illinois.
Top solar programs in illinois.
There are plenty of incentives for solar power in illinois making a residential pv system an attractive investment.
The champaign county board will take a final vote on whether to bless the baywa solar farm project on january 24.
Construction of a new 54 acre 12 1 megawatt mwdc solar farm has been approved by the university of illinois board of trustees as the sole member of prairieland energy inc.
The largest urban solar farm in the country.
The west pullman farm is 10mw on chicago s south side.
Referred to as solar farm 2 0 the new utility scale array will be located north of curtis road between first street and dunlap avenue in savoy solar farm 2 0 will produce approximately 20 000 megawatt.
These credits are automatically applied to your utility bill for your convenience.
The future energy jobs act set a goal for illinois to get 25 percent of its electricity from renewable sources such as wind farms solar farms and rooftop solar panels by 2025.