Josh Priebe
Grand Rapids, Michigan, United States
399 followers
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Andrew Siciliano
Looking to 𝐜𝐮𝐭 𝐲𝐨𝐮𝐫 𝐞𝐧𝐞𝐫𝐠𝐲 𝐜𝐨𝐬𝐭𝐬 at your commercial or industrial facility in Illinois? The Incentives right now make it an excellent financial decision. 1. 𝐅𝐞𝐝𝐞𝐫𝐚𝐥 𝐈𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭 𝐓𝐚𝐱 𝐂𝐫𝐞𝐝𝐢𝐭 (𝐈𝐓𝐂) – 30% You can claim 30% of the total installed project cost as a tax credit. This includes panels, inverters, labor, permitting, balance-of-system costs. 𝐃𝐢𝐬𝐭𝐫𝐢𝐛𝐮𝐭𝐞𝐝 𝐆𝐞𝐧𝐞𝐫𝐚𝐭𝐢𝐨𝐧 𝐑𝐞𝐛𝐚𝐭𝐞𝐬 Commercial / industrial customers installing solar with “smart inverters” can access rebates (e.g. $250–$300 per kW DC for solar generation) and rebates on energy storage (e.g. $250/kWh) depending on size & utility. These rebates do not reduce your ability to claim the full ITC — they are structured so you can stack both. InnovateEnergyGroup 3. 𝐈𝐥𝐥𝐢𝐧𝐨𝐢𝐬 𝐒𝐡𝐢𝐧𝐞𝐬 / 𝐑𝐞𝐧𝐞𝐰𝐚𝐛𝐥𝐞 𝐄𝐧𝐞𝐫𝐠𝐲 𝐂𝐫𝐞𝐝𝐢𝐭𝐬 (𝐑𝐄𝐂𝐬) Illinois Shines is a state-level incentive program that pays for Renewable Energy Credits (RECs) tied to solar energy production. 4. 𝐍𝐞𝐭 𝐌𝐞𝐭𝐞𝐫𝐢𝐧𝐠 / 𝐁𝐢𝐥𝐥 𝐂𝐫𝐞𝐝𝐢𝐭 𝐟𝐨𝐫 𝐄𝐱𝐜𝐞𝐬𝐬 𝐆𝐞𝐧𝐞𝐫𝐚𝐭𝐢𝐨𝐧 If your solar system generates more electricity than you use, that excess is sent to the grid and credited back to your utility bill (carry-forward). If you own or manager a facility in IL and are looking to save on your energy bills and boost sustainability, please contact me or the National Energy Control team for a building audit free-of-charge to see how much you can save today.
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