Cons and Pros of Solar Panels Illinois

Cons and Pros of Solar Panels Illinois are as follows:

Cons and Pros of Solar Panels Illinois

Pros of Solar Panels in Illinois

Going solar in Illinois can be a great choice. We believe knowledge is truly power when it comes to powering your home. We’re going to assist you with some of your bases due to this. We have the information you’ll need to decide if solar panels are expense for your household.

Cons and Pros of Solar Panels Illinois

We’ll talk about:

The amount of sunshine in Illinois

The cost of electricity (and how solar could help)

The 30% federal tax credit

Illinois Solar for All programs

Solar Renewable Energy Credits (SRECs)

Here are some of the reasons we believe solar panels in Illinois are excellent investment:

The amount of sunshine in Illinois

More than just lush, green plains are accessible to the residents of the Prairie State. The state sector an average of 198 sunny days. Solar panels, as you may know, collect sunlight. Hence, the more contact to direct sunlight you get, the better.

Therefore, we wouldn’t worry too much about the next overcast weather. Photons are what solar panels need, and they can obtain these even in the absence of direct sunlight. But, your roof might not be a good candidate for solar if it is totally shadowed. On days when there isn’t much direct sunshine, other factors, such as the efficiency of your solar panels, will affect how much solar energy can be captured. Learn more about how solar panels work by following our crash course.

The cost of electricity (and how solar could help)

Did you know that natural gas is employed to produce the bulk of the total electricity generation? This process not only stinks up the air, but it also has a high price tag owing to the continually rising cost of natural gas at wholesale. And who’s footing the money, by the way?

The average energy bill for a home in Illinois is around 11.38 cents per kilowatt-hour (kWh). This is really roughly 4% below the national average. Although Illinois homeowners’ utility costs are often on the lower end, consumers haven’t been able to avoid inflation. For instance, since 2020, electricity costs for Chicago residents have increased by 87%. .

Thankfully, Illinois mandates the three main companies to offer a net metering programme. With credits for transferable energy, net metering may be able to reduce your monthly electric costs if you have solar panels.   To discover more about the intricacies of this programme and how you may gain from it, contact with your current utility provider.

Check out our blog on why electricity prices are rising.

 The 30% Federal Tax Credit

Illinois is a great state to go solar, and that’s thanks to solar incentives, like the federal solar tax credit. Also known as the Investment Tax Credit , this federal boost gives qualified homeowners up to a 30% credit on their federal taxes when they install solar panels. If your system is eligible, you may be able to claim a tax credit for 30% of the cost of a solar energy system toward your federal taxes.

Illinois Solar for All programs

In Illinois, are solar panels worthwhile? The Illinois Solar for Everyone (ILSFA) project comes to mind. This programmer offers a list of approved suppliers who give access to solar energy with no up-front costs to qualified low-income residents.

Use the ILSFA’s income-eligibility tool to determine your eligibility. According to their most recent tax return, qualified homeowners must earn a total of 80% of the area median income (AMI) or less.

Solar Renewable Energy Credits

The state of Illinois provides another excellent incentive for getting solar if you do not qualify for the Illinois Solar for everyone programmer. Illinois Shines, commonly known as the Illinois Adjustable Block programmer, is what it is. Solar credits for renewable energy may be offered to qualifying recipients.

For each megawatt-hour (MHz) of electricity generated by their solar system, residents may be qualified for one SREC under this programmer. Via 15-year contracts with qualified residential solar systems, Illinois Shines offers a fixed price for the purchase of each SREC.

Contact a Solar Energy Expert right now for a detailed overview of the incentives for which you could be qualified.

Cons of Solar Panels in Illinois

While solar panels can be a great source of renewable energy, there are a few cons to installing them in Illinois:

Limited sunlight

 One of the main disadvantages of solar panels in Illinois is the limited amount of sunlight the state receives. Illinois has an average of only 5 hours of sunlight per day, which can make it difficult to generate enough electricity from solar panels to meet all of your energy needs.

Cons and Pros of Solar Panels Illinois

High installation costs

 Solar panels can be expensive to install, and the cost can be even higher in Illinois due to the state’s high labour and equipment costs. This can make it difficult for some homeowners to afford the upfront costs of solar panel installation.

Seasonal variations

 Illinois experiences significant seasonal variations in sunlight, with much less sunlight during the winter months. This means that solar panels may not be as effective during these months and may require additional energy sources.


 Solar panels require regular maintenance to keep them operating at peak efficiency. This can include cleaning, repairs, and replacement of parts over time, which can add to the overall cost of owning and operating a solar panel system.

Incentive programs

While Illinois does have incentive programs to help offset the cost of solar panel installation, the availability of these programs can vary depending on where you live in the state, and they may not cover the full cost of installation.


Are solar panels a good idea in Illinois?

When electricity prices are high, solar panels are more attractive. About 13.04 cents per kilowatt-hour, just under the national average, is what Illinois residents pay for electricity. Many local residents will find that solar is a wise investment given the low cost of solar equipment and the region’s typical energy prices.

What are the benefits of solar in Illinois?

The federal investment tax credit (ITC) for solar energy is available to all homeowners in Illinois. 30% of the cost of the system can be deducted from taxes if it is implemented in a home by December 31, 2032. In 2033, this percentage will fall to 26%.

How long do solar panels last in Illinois?

The typical solar panel lifespan, according to the industry, is 25 years since research shows that’s how long most people can still get enough electricity from their panels to power their homes. So, a safe estimate for the lifespan of solar panels is 25 years.

What is the solar initiative in Illinois?

With incentives that assist make solar installations more affordable and produce measurable savings for participants, Illinois Solar for All improves exposure to the renewable energy market for income-eligible areas.

How does the Illinois solar program work?

Solar Renewable Energy Credit (SREC)

Residential: RECs are a state incentive whose value is calculated by dividing your solar energy production over 15 years by the REC price established by the Illinois Power Agency. The value for your system is 7.1 cents/kWh produced, which is paid in the first year.

Is solar energy used in Illinois?

One of the biggest solar facilities in Illinois is Dresser Plains Solar near Herrick, which has an output of 135.5 MW. This solar project, which will be completed by D.E. Shaw Renewable Investments (DESRI) in 2021, will be able to supply electricity to more than 21,462 homes.

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