Tax Credits
Federal Tax Credits for Energy Efficiency
On Oct. 3, 2008, the President signed into law legislation to extend many of the Energy Efficiency Tax Incentives first enacted in 2005 but that expired at the end of 2007 or that were scheduled to expire at the end of 2008. The bill also includes extensions of a variety of renewable energy tax incentives. For more information, click here.
Illinois Property Tax Exemption
Illinois offers a property tax exemption to commercial, industrial, and residential sectors for on-site installations of passive solar space heat, solar water heat, photovoltaics, and solar space heat, as well as wind and geothermal electric technologies. For details see the REVENUE (35 ILCS 200/) Property Tax Code.