Solar Incentives & Financing

How Do Solar Incentives & Tax Credits Help?

Take advantage of great incentives and put the power back in your hands today! Federal tax credits combined with other incentives can cover a substantial portion of your solar system installation cost.

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Federal tax credits are available in all states and help cover the cost of your solar system installation.

Other incentives vary by state. We stay up-to-date and will explain what’s available for you.

  • Federal Tax Credit currently covers 26% of your system cost.
  • The Federal Tax Credit has been extended, so you can take advantage of the savings now!
  • The SREC program is open again in Illinois. Read below for additional information.

You don’t have to navigate this process by yourself.  Our sales team knows the current incentives, rebates and promotions and will help you get the best pricing available. We pride ourselves on being the most knowledgeable and informed in the solar market.

What Financing Options are Available for Solar Panels?

Free financing is available through GreenSky.  We offer: ZERO money down and ZERO payments for 18 months!

Looking for an even longer term financing? Ask us about available options.

What is an SREC in Illinois?

SRECs are Solar Renewable Energy Credits. With programs in only a handful of states, the Solar Renewable Energy Credit program was created to encourage renewable energy in Illinois. You get financial credit for producing clean energy. This credit helps cover the cost of your solar installation.

Have more questions?  Get a free solar quote from Iconic Energy today to start saving money!

Solar Resources

Solar Energy Industries Association (SEIA)

Illinois Solar Energy Association (ISEA)

Illinois Power Agency (IPA)

SREC Trade Website

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