Illinois
Incentives/Policies for Renewables & Efficiency
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Last DSIRE Review: 10/05/2009
| Incentive Type: |
Property Tax Exemption |
| State: |
Illinois |
| Eligible Renewable/Other Technologies: |
Passive Solar Space Heat,
Solar Water Heat,
Solar Space Heat,
Photovoltaics
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| Applicable Sectors: |
Commercial,
Industrial,
Residential
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| Max. Limit: | None |
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Authority 1:
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§ 35 ILCS 200/10-5,10
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Summary:
Illinois offers a special assessment of solar energy systems for property-tax purposes. For property owners who register with a chief county assessment officer, solar energy equipment is valued at no more than a conventional energy system. Eligible equipment includes both active and passive solar-energy systems. The exemption is not valid for equipment that is equally usable in a conventional energy system or for components that serve non-solar energy generating (e.g., structural, aesthetic, insulating, etc.) purposes. Those who wish to have their solar energy property valued in this fashion must file property tax form PTAX-330 with their local county assessor's office. Forms are available from the county assessor's office.
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Please note: The information on the DSIRE web site provides an overview of incentives and other policies, but it should not be used as the only source of information when making purchasing decisions, investment decisions, tax decisions or other binding agreements. Please refer to the individual contact provided in each record to verify that a specific incentive or other policy is applicable to your specific project.
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