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Incentives / Financing

Federal Solar Investment Tax Credit (ITC)

Claim up to 30% back on solar system costs
The Federal Solar Investment Tax Credit (ITC) reduces federal income tax owed based on a percentage of your commercial or agricultural solar project cost, helping improve ROI and system payback. Learn how this powerful federal incentive enhances project economics.

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Solar Renewable Energy Certificates (SRECs)

Earn for every 1,000 kWh your solar system produces
Solar systems generate Renewable Energy Certificates (SRECs) — Get paid upfront for the energy your system is expected to produce over the first 15-years.

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Solar Property Tax Exemption

Protect your property taxes while increasing value
Solar installations in Illinois are generally excluded from increasing your property tax assessment, so going solar doesn’t raise your tax bill even though your property value increases.

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Distributed Generation Rebate

Utility rebate for smart solar systems
Utilities like Ameren Illinois offer rebates for solar systems with smart grid-connected inverters — delivering cash back per kilowatt (kW) of solar capacity installed.

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Commercial Financing

Flexible options to fund solar with low upfront cost
Commercial solar financing — including loans and structured financing — helps organizations go solar without large cash outlays while preserving capital and capturing incentives.

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Rural Energy for America Program (REAP)

Federal grants & loans for rural solar projects
REAP provides funding to agricultural producers and rural small businesses for solar energy systems — lowering upfront costs through competitive grant and loan programs.

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Illinois Shines Program

State-backed solar incentives through RECs
Sun Collectors is an Illinois Shines Approved Designee, helping you access valuable payments from the state’s Adjustable Block Program (Illinois Shines) by selling Renewable Energy Credits (RECs) your system produces — reducing installation costs and maximizing long-term value.

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Depreciation & Business Tax Benefits

Claim up to 30% back on solar system costs
The Federal Solar Investment Tax Credit (ITC) reduces federal income tax owed based on a percentage of your commercial or agricultural solar project cost, helping improve ROI and system payback. Learn how this powerful federal incentive enhances project economics.

Learn More
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    Peoria, IL 61615
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Sun Collectors Logo
  • Home
  • About
  • Solutions
    • Residential
    • Commercial
    • Agricultural
    • Battery Storage & Backup Power
    • Monitoring & Maintenance
  • Resources
    • Become a Solar Ambassador
    • News
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    • FAQ/ Help Center
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    • Incentives / Financing
    • Warranty
    • Refer A Friend
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