Illinois Solar for All
Multifamily and Residential Solar
Residential Solar provides residents access to affordable on-site solar panels through Illinois Solar for All's (SFA) qualified and vetted solar companies called Approved Vendors. This state program also guarantees that participants will see savings on their energy bills.
Below are the most common financing and ownership options:
- Purchase of Solar Project: Participants purchase the solar project outright. The participant may take out a loan to finance the purchase.
- Lease of Solar Project: Participants lease the project, which is on their property but owned by someone else.
- Purchase of Electricity from the Solar Project: Participants purchase electricity generated by the solar project through a Power Purchase Agreement (PPA). The project is on the participant’s property but is owned by someone else.
Funding
ILSFA guarantees that all qualified participants will see savings on their energy bills. Below is an example of how ILSFA can help lower your electricity bill.
Before Solar
Supply 600kWh x $0.12/kWh
Total Supply Costs: $72
After Solar
Supply 600kWh x $0.12/kWh= $72
Solar Energy Generated 500kWh x $0.12/kWh= $60
Total Supply Costs: $12
Administrator
State of Illinois
Eligible Projects
Owners of single-family homes
Must have an income of 80% or less of the Area Median Income (AMI). Landlords can apply for single-family homes they own if tenants are income-eligible.
Owners or managers of multifamily residential buildings
- Two- to four-unit properties: At least two units must be occupied by households with incomes of 80% or less of the AMI.
- Five-unit or larger properties: At least half of units must be occupied by households with incomes of 80% or less of the AMI.
Building Sector
Residential and multifamily
Process
- Homeowners or multifamily building owners determine their eligibility for on-site solar installations.
- The program helps participants find qualified and vetted solar companies called Approved Vendors.
- Approved Vendors and participants work together to plan and install solar panels on their property.
- Participants are guaranteed savings on their energy bills.
Advantages
Savings
- No or low upfront cost
- Affordable solar installation
- Guaranteed savings on electric bills
Home Improvement
- Low risk investment that can increase the value of your home
- Reduce your home’s energy costs
Additional Information
Explore success stories
here.