Tax Forms

Form 5695 is the form you’ll use when filing federal taxes to figure and take your residential energy credits.

Here are links to the current form and instructions.  If you have further questions about filling out your form, please direct them to your tax preparer or accountant.  Iconic Energy is not in a position to give tax advice.

federal tax form 5695

Federal Solar Tax Credits

UPDATE JULY 2025 – Congress has passed a bill eliminating the residential tax credit at the end of 2025. Residential systems installed and operational by December 31, 2025 will still qualify for the tax credit.

The solar Investment Tax Credit (ITC) is a federal tax credit for solar panel systems installed on residential and commercial properties. See our article ‘How Does the Federal Tax Credit Work?’ for an explanation of what it is and how it works.

The ITC is currently a 30% federal tax credit for new solar installations.

Federal Solar Tax Credit Information Links:

ComEd Sample Bills with Net Metering

Having trouble reading your bill after installing solar? Or just wondering what it is going to look like once you’re feeding energy back to the grid?

Here are two sample bills from ComEd with net metering.  The first is for residential solar projects that have been interconnected to the grid since 1/1/2025. The second is a Legacy explainer for solar projects interconnected before 1/1/2025.

Click below to see a .pdf of each with explanations for each section of the bill.

screenshot of residential ComEd bill explainer

Sample Residential ComEd Bill with Explanations

screenshot of legacy ComEd bill explainer

Sample Legacy Residential ComEd Bill (Pre 1/1/2025)

Solar Organizations

You may find information from the following organizations helpful when doing research on solar panels and solar energy programs.

Solar Energy Industries Association (SEIA)

Illinois Solar Energy Association (ISEA)

Illinois Power Agency (IPA)

SREC Trade Website

Q Cells Solar Panels

Iconic Energy uses Q Cells solar panels (aka solar modules) for their quality, long efficiency, decades of experience in the industry, and their commitment to R&D and continued advancement.

Below are data sheets for the Q Cells solar panels used in our solar panel arrays.

Q.Peak Duo BLK ML-G10+ Data Sheet

thumbnail of spec sheet for Duo L-G7.2

Q.Peak Duo L-G7.2 Data Sheet

Q Cells Solar Panel data sheet image

Q.Peak Duo L-G5.2 Data Sheet

Q Cells Solar Panel data sheet image

Q.Plus-G3 Data Sheet

thumbnail of spec sheet for Duo XL-G10.c

Q.Peak Duo XL-G10.c Data Sheet

thumbnail of spec sheet for Duo L-G8.3

Q.Peak Duo L-G8.3 Data Sheet

Q Cells Solar Panel data sheet image

Q.Plus L-G4.2 Data Sheet

thumbnail of spec sheet for Duo L-G8

Q.Peak Duo L-G8 Data Sheet

Q Cells Solar Panel data sheet image

Q.Peak Duo L-G6 Data Sheet

Q Cells Solar Panel data sheet image

Q.Peak L-G4.2 Data Sheet

Solar Inverters

Inverters convert direct current (DC) electricity into alternating current (AC) electricity that powers the devices in your home or business. Iconic Energy always selects an inverter that is the best fit for your solar panel array.

Below are data sheets for the inverters we use the most. We’ve also included a brochure on the features and benefits of string inverters.

Fronius Primo inverter image

Fronius Primo Inverter Data Sheet

Fronius symo inverter image

Fronius Symo Inverter Data Sheet

SMA Sunny Boy inverter

SMA Sunny Boy Inverter Data Sheet

SMA Sunny Tripower Core1 inverter

SMA Sunny Tripower Core1 Data Sheet

man holding son standing in front of a house with solar panels

‘Why String Inverters?’ Brochure