reap the

benefits

the what’s & how’s of solar incentives

National Incentives:

Solar Investment Tax Credit (ITC)
If you’re a homeowner who buys a solar panel system, you’re entitled to towards the total cost of that system. You can wipe out your entire tax bill if your credit is high enough, and you can take the credit over multiple years if you don’t owe that much in year 1.The federal tax credit covers 30% of your solar system’s cost and is available through the end of 2019. 

MACRS Depreciation
The Modified Accelerated Cost Recovery System (MACRS) is the current tax depreciation system in the United States. Under this system, the capitalized cost (basis) of tangible property is recovered over a specified life by annual deductions for depreciation. Under the new tax code, solar projects qualify for 100% depreciation in the first year, in addition to the ITC and any local incentives.

WISCONSIN

INCENTIVES

Residential

30% Federal Tax Credit for all customers
Up to $2000 for unshaded, south facing roofs through Focus on Energy*

WISCONSIN

INCENTIVES

Commercial

30% Federal Tax Credit
Up to $4000 for unshaded south facing roofs through Focus on Energy**
100% Bonus Depreciation in Year 1

you can get up to

50%

of the cost credited back!

*Focus on Energy – For south-facing homes, Focus on Energy provides up to $2,000 in cash as soon as your system is installed. 

**Focus on Energy Business – For businesses, Focus on Energy offers $4,000  towards the cost of your system.

ILLINOIS

INCENTIVES

Residential

30% Federal Tax Credit for all customers
30% – 40% from Renewable Energy Credits under the Adjustable Block Program*

ILLINOIS

INCENTIVES

Commercial

30% Federal Tax Credit
Up to $4000 for unshaded south facing roofs through Focus on Energy
100% Bonus Depreciation in Year 1
30% – 40% from Renewable Energy Credits under the Adjustable Block Program*

you can get up to

70%

of the cost credited back!

*Adjustable Block Program: The Adjustable Block Program will offer a set price for purchase of Renewable Energy Credits (“RECs”) via 15-year contracts from qualifying projects, and the price will be adjusted for successive volumetric blocks (hence the “adjustable block” name). 

For systems under 10 kW, the entire incentive will be paid up front, covering approximately 30 – 40% of the system costs.

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