Energy Rebates and Tax Credits in Big Rock, IL
ComEd
Rebates for lighting, refrigerator and freezer recycling ($35); $25 energy assessments, free CFLs and water saving devices for all-electric customers
Illinois
Rebate for home solar and wind energy systems up to 30% of equipment and installation costs, up to $50,000.
Illinois
Grants for biomass and biogas energy
Illinois
Property tax exemption for solar space/water heaters and solar panel systems.
Illinois
Rebates for energy efficiency measures up to 100% of project costs
Illinois Solar Energy Association
Incentives for solar panel system RECs to be purchased by ISEA. Systems should be UL-listed or have had 1 yr of field testing.
Nicor Gas
Rebates for energy efficient boilers, furnaces and water heaters.
Nicor Gas, North Shore Gas, Peoples Gas, Ameren and ComEd
Loans up to $20,000 for energy efficiency improvements at 4.99%
US Government
Rebates and incentives from utilities for efficiency are not taxable.
US Government
Federal tax credit of 30% of cost for solar panels, wind energy, solar water heaters, geothermal heat pumps and fuel cells.
US Government
Federal tax credit of 10% up to $500 of cost for energy efficiency upgrades like heat pumps, furnaces, air conditioners, insulation, water heaters, windows, doors and roofs.
US Government
Loans from FHA, VA and other lenders for energy efficiency upgrades and renewable energy upgrades like solar panels and passive solar space heaters.
US Government
Grants for energy generation, transmission and distribution facitlities in rural communities.
