Investment Tax Credit (ITC) passes both houses of Congress & The Illinois State Rebate & Grant program is extended to 2020!

18 Dec 2015 4:06 PM | Anonymous

It’s a Bright Day for Solar!


Both the Federal ITC & the Illinois Solar & Wind Rebate Programs have been extended!


 Solar ITC Bill Passes!

 

The passage of the ITC extension ensures a strong and vibrant future for solar!

Congress has passed a spending package that includes multi-year extensions of solar and wind tax credits, plus one-year extensions for a range of other renewable energy technologies.

 

Under the legislation, the 30 percent Investment Tax Credit (ITC) for solar will be extended for another three years. It will then ramp down incrementally through 2021, and remain at 10 percent permanently beginning in 2022. President Obama is expected to pass the bill into law by the end of the day.

 

This ITC extension provides stability for longer term plans and allows the industry to ramp up solar in a sustainable way.

 

Illinois State Rebate & Grant Program Extended to 2020!


ISEA is pleased and excited to announce that our efforts to get the Illinois DCEO Solar and Wind Rebate & Grant Program extended are a success!

 

Last spring ISEA worked with the Illinois Environmental Council to introduce a bill to extend the state rebate and grant program that was due to expire at the end of 2016.

The organization also hired Lobbyist John Kamis to assist in this effort.

The bill has passed both the  Illinois House and Senate and Governor Rauner signed the bill on December 3rd.

ISEA will now work with DCEO to help develop the structure of the program.


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