Sun Collectors energy experts provide five-star rated services for customers interested in converting to residential solar in Springfield IL. We are the one of the most trusted residential solar panel companies around. In fact, our company has installed more than 2,217 solar systems and helped our customer save more than $133 million in energy costs. So, count on us to learn more about all the available incentives and resources you can use to get affordable residential solar in Springfield IL.
When you choose Sun Collectors, you also get the benefit of a company who works to make solar panels fit any budget. Our solar for homes plans start for as low as $49 per month. Plus, our flexible financing options allow you to pay $0 money down for solar panel installation. Consequently, we make a conversion to renewable energy accessible to any household. If you would like to start saving money on energy, then speak with one of our representatives about the benefits of residential solar today.
Give us a call now at 309-204-9801 or fill out our online form for a free consultation.
If you are considering a switch to residential solar, you can recoup part of your investment with many available incentives. Federal and state government programs encourage homeowners to make the conversion to sustainable energy. To allow for an easier transition to clean energy, federal and state incentives offer you a huge savings. Read below to find out more about the following incentive programs:
With the federal Investment Tax Credit (ITC), you can deduct 30% of your cost to convert to residential solar in Springfield IL. For example, you could deduct $5,200 from a $20,000 solar system under the tax credits provided with the ITC. In addition, the ITC program will not impose a cap on the 30% tax deduction. However, the ITC will only apply for homeowners who purchase their solar panels outright with cash or financing options we make available.
Under this state incentive program, referred to as Illinois Shines, you can earn money by converting to residential solar in Springfield IL. You receive one Solar Renewable Energy Credit (SREC) for each megawatt hour (MWh) of electricity produced by your solar system. The state mandates power companies to purchase those credits from you. Thus, you can use the energy created by your solar panels to make money as well as save on energy spending.
With Illinois’ net metering , the excess energy created by your solar panels earns you credits off your future power bills. Thus, you could possibly drastically reduce monthly utility payments with a conversion to residential solar in Springfield IL. As a result, net metering can allow you to get the maximum benefit on all the energy produced by your solar panels. Plus, net metering offers a way to balance your electricity production and consumption.
Illinois residents often complain about large property tax bills. With a switch to residential solar in Springfield IL, you can get a break. Illinois participates in a Special Assessment for Solar Energy Systems program. Thus, you will not have to pay more in property taxes because of your new solar system.
Make sure to speak with Sun Collectors if you would like more information about available financing and incentives for residential solar in Springfield IL. Give us a call today at 309-204-9081 or simply fill out our online contact form. We will schedule a free consultation around your schedule. Our team of solar panel experts can inform you about all the top benefits you can get by switching to renewable energy.