Go solar for as little as $49/month & $0 down!

Sun Collectors

No Money Down Financing Available on Solar for Farms in Peoria IL

Sun Collectors offers $0 money down financing to make it more accessible to get solar for farms in Peoria IL. Learn more about this great opportunity now by calling 309-271-0764.

Many farmers tell us they hesitate to switch to solar energy because of a big bill for initial installation. However, we help clients get started with a new solar array for as little as $49 per month with no down payment. Consequently, you can experience great energy cost savings without the hassle of paying a lot out of pocket to get started. Therefore, we help our customers spend less money on energy and financing payments with solar energy than they spent each month on electricity bills alone.

Our solar energy experts understand you have lots of questions about converting to renewable energy. So, we encourage you to contact us now to set up a free consultation. Our customers write great reviews about our services because we are honest and don’t believe in pushy sales tactics. We know once you get all the information about our great products that you will be convinced you need them.

Save Big on Energy with Solar for Farms in Peoria IL

We understand you are frustrated about the constantly rising cost of electricity. You may not realize it, but electricity rates have risen steadily by more than 2% each year for the past 20 years. Even worse, those rates will only go up in the future. However, you can choose to stop spending more of your money on energy each year. When you get solar for farms in Peoria IL, you can spend less and keep more of the profits on your crops and livestock.

The Math on Potential Savings with Solar for Farms in Peoria IL

For example, a solar array can typically continue to produce energy at 80% of its rating capacity for 30 years or more after installation. The average 10-kilowatt system will produce 12,500 kilowatt-hours of electricity every year. With a cost of 10 cents per kilowatt, you would save $1,250 each year. Therefore, you could realize a total savings of $31,250 over 30 years if you pay off your system in the first 5 years. Essentially, you take the savings of $1,250 per year, multiply by it 30 years. Then, you subtract the five years you spend at break-even cost for your system.

Government Incentives Make Solar Affordable

The federal government and state of Illinois offer programs that help make it affordable to get solar for farms in Peoria IL. If you are considering the switch to renewable energy, you can get financial assistance with the following:

  • Illinois Solar Renewable Energy Certificates – Depending on how much energy your solar array produces, the SREC incentive could offset 30-45% of the cost of going solar. You can read more about this incentive by clicking the link for The Illinois Shines Program.
  • USDA Rural Energy for America (REAP) Grants – The USDA allows you to apply for grants that can pay up to 50% of your cost of getting solar for farms in Peoria IL. For more information, visit this link to read about REAP grants.
  • Modified Accelerated Cost-Recovery System (MACRS) Accelerated Depreciation – Agribusinesses can use this accelerated form of depreciation as a tax incentive on their income tax returns. The depreciable basis is the system costs less than half of the 30% Federal Tax Credit. Also, for 2021 and 2022, there is a bonus depreciation of 100% of the basis. As a result, you can write off the entire system cost in the first year. Agribusiness owners should consult with their tax advisors for specific information.
Solar for Farms Peoria IL

Get More Information on Solar for Farms

If you have more questions about solar for farms in Peoria IL, Sun Collectors representatives have the answers you need. Give us a call at 309-271-0764. Also, you can send us a message online to schedule a no-obligation conversation about solar energy.