The benefits of solar power are numerous, including energy savings, cost savings, and planet-friendly green energy. Not to mention how solar increases home value!
And now, it’s easier and more affordable than ever to go green with solar energy.
Solar Sam works with our Missouri solar and Illinois solar customers to find solar solutions within budget. We’re experts at helping to make solar affordable. Plus, there are hundreds of solar rebates and even solar incentives available out there!
In this post, we’re going to share a few examples. We’ll also show you where to go to find rebates and incentives that might apply for you. Whether you’re a home or business owner, there’s something for you here.
Realize Big Cost Savings by Going Green with Solar
Yes, there’s a cost associated with putting in a solar energy system. But as soon as your solar panels are in place and running, you start seeing cost savings on your monthly power bill!
How much can you save? Over the life of your green energy solar system, it’s possible to see average savings between $10,000 and $30,000!
Just imagine what you could do with an extra $10,000+…
Is Installing Solar Affordable?
Your solar provider should always work with you to find a system that fits your budget.
Also, it’s beneficial for the planet for more people to move toward renewable, sustainable green energy like solar. To help make solar energy systems more affordable, the federal government, many states, cities, and local utilities are offering solar rebates and solar incentives.
Let’s look at some examples for Missouri solar and Illinois solar, specifically.
Missouri Solar Rebate Programs and Solar Incentives
Here are just a few of the rebates and incentives available to Missourians across the state:
- Columbia Water & Light – Solar Rebates
- Kirkwood Electric – Residential Energy Efficiency Rebate Program
- Empire District Electric – Solar PV Rebates
- Ozark Border Electric Cooperative – Residential Energy Efficiency Rebate Program
- Solar Property Tax Exemption (Missouri state property tax incentive)
Illinois Solar Rebate Programs and Solar Incentives
Here are a few of the energy rebates and incentives available specifically for Illinois residents:
- City Water Light and Power – Residential Energy Efficiency Rebate Programs
- ComEd – Energy Efficiency Program for Residential
- Ameren Illinois (Electric) – Residential Energy Efficiency Incentives
- MidAmerican Energy (Electric) – Residential Energy Efficiency Rebate Programs
- Illinois Municipal Electric Agency – Electric Efficiency Program
- Solar Renewable Energy Credits (Illinois state energy credits)
- Special Assessment for Solar Energy Systems (Illinois state property tax incentive)
Federal Solar Rebates, Grants, and Solar Incentives
Here are a few at the federal level that apply across the nation:
- Residential Renewable Energy Tax Credit
- Residential Energy Efficiency Tax Credit
- Various USDA Energy-related Grant Programs
- Business Energy Investment Tax Credit (ITC) (corporate tax credit)
- Renewable Electricity Production Tax Credit (PTC) (corporate tax credit)
Note: If you want to maximize the federal Renewable Energy Credit or the Business Energy ITC, you’ll want to buy sooner than later! These credits began to “step down” (decrease over time) last year. These credits started at 30%, and they’re now at 26%, which is still pretty great.
By 2021, the federal solar tax credits will be at 22%. By 2022, the ITC will be down to only 10%, and it’s uncertain if the residential credits will continue. Take advantage now to maximize your renewable energy tax credit opportunities.
Other Helpful Incentive & Rebate Programs
Keep in mind, the programs listed in this post are only a few of the options out there. There are many more programs available for both residential and commercial renewable energy solutions. These come in the form of:
- tax credits
- solar rebates
- loan and mortgage programs
- grant programs
- energy efficiency rebates and incentives
- solar incentives
Check out https://www.dsireusa.org/ for more and all the details in one handy place. You’ll be shocked to see how many options there are. There’s something for nearly everyone!
Go Green and Save Some Green with Solar Sam
Solar Sam helps you power up with the top brands, the latest tech, and the highest quality solar panels for residential, commercial, and agricultural applications.
But that’s not all we can do! We are a fast growing, local provider for Missouri and Illinois of many top-rated energy saving solutions.
With Solar Sam, it’s so easy to go green and start saving some green! From a free consultation to hassle-free installation, our simple process helps you score big with savings right away. We’ll also help you navigate the various solar rebates and solar incentives available to you.
Be sure to check out our incredible monthly deals to save even more! Let Solar Sam help power your life with green energy run by the sun.