Solar systems in illinois
Get solar panels for your home and get control over your electricity!
With a home solar system, you can live more sustainably and protect your home from fluctuating energy prices.
Going solar will greatly reduce your electric costs and your carbon footprint. With financial incentives and solar initiatives designed to make solar energy more accessible and affordable, going solar in Illinois has never been easier!
Now is the time to start saving big and finally get control over your energy generation!
Did you know – in some states, you can get paid for your solar energy through SRECs!
Why You Should Go Solar in Illinois
Electricity prices are rising across Illinois, with Ameren customers expected to see their bills nearly double this summer. By going solar, you can protect your household from these hikes, save on electric costs and help build a healthier future for your community. Here is how you’ll benefit from going solar in Illinois in 2025:
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Net Energy Billing
Under traditional net metering, every kilowatt-hour of excess energy you send to the grid earns you valuable credits. Those credits can then be used to offset future electric bills (including supply, delivery and related charges).
However, since January 1, 2025, Illinois has switched to a Smart Solar Billing system (or supply-only net metering) under which the credits you receive from the energy you send to the grid, will only cover the supply charges of your electric bill.
So if you installed your solar panels before January 1, 2025 and you’re a customer of ComEd, Ameren or MidAmerican, you are automatically grandfathered into the original net metering policy for the lifetime of your system.
But solar systems installed after January 1, 2025 will only qualify for the new net billing policy.
To learn more about the difference between net metering and net billing, check out our blog article: Net Billing vs Net Metering: Which is Better.
30% Federal Tax Credit
This federal tax credit lets you claim 30 percent off your system’s cost, helping you lower your federal income tax return for the year. For example, if your system costs $20,000, you could receive a tax credit of $6,000. Please note that this tax credit may be phased out after 2025 if the Senate decides to discontinue it!
The Smart Inverter Rebate
If you’re a ComEd or Ameren customer with home solar panels or battery storage, you’re eligible to get a rebate of $300 per kilowatt of installed solar or $300 per kilowatt-hour of battery storage through the Smart Inverter Rebate (or Distributed Generation Rebate). Keep in mind that your solar and storage systems need to be installed with smart inverters.
Other Local Incentives
Once you become a solar owner in Illinois, you will be exempt from having to pay any property tax on the value solar panels add to your home.
Additionally, the Illinois Shines and Illinois Solar for All programs help make solar energy more accesible and affordable through financial incentives that maximize savings for anyone interested in going solar in Illinois.
Equipment Warranties
Warranties for panels typically cover 25 years and come with power performance warranties! Inverters come with 15-25 year warranties, and our installers guarantee their work and provide roof penetration warranties of 5-10 years.
If you choose a lease agreement versus a purchase agreement, everything is guaranteed for the lifetime of the 25 year lease, including maintenance, insurance and performance (at the cost of lower lifetime savings).
Get a Quote
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Still have questions?
Learn more about Finray Solar — WHO we are, WHAT we do, and WHY.
Or, feel free to Contact Us to ASK A QUESTION. We look forward to speaking with you. And we are excited to help you connect your home to a discounted clean source of electricity!