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Updated almost 5 years ago on . Most recent reply

Account Closed
  • Rental Property Investor
  • Chicago, IL
25
Votes |
77
Posts

Solar in illinois: worth it?

Account Closed
  • Rental Property Investor
  • Chicago, IL
Posted

I've done some preliminary research on going solar for my primary residence (two unit with flat roof and almost no shade according to comed and project sunroof by google)

Ive run my numbers a few times and I understand there are tax incentives and that next step is to find a contractor to give an estimate.

Anyone here on Bigger pockets willing to give both pros and cons of their solar installer/contractor and your experience of  switching over to solar.

My primary residence is long term and don't plan on going anywhere anytime soon (10 years plus)

Most Popular Reply

User Stats

214
Posts
236
Votes
Samuel Pavlovcik
  • Architect
  • Chicago, IL
236
Votes |
214
Posts
Samuel Pavlovcik
  • Architect
  • Chicago, IL
Replied

I've been interested in this as well. I've heard rumors from a few of my clients about companies knowing of Grants that can cover nearly 100% of the costs. Apparently there are companies who specialize in all of this information so once you find them, they work out all the paperwork, get paid thru grants, and you get the install for practically nothing. Similar to how a lot of roofing companies will replace your roof "for free" because they can "prove" there were strong storms within the area and your roof was "damaged" from that. Biggest difference would be that this gets paid for by grants rather than from your insurance company which could lead to increased premiums.

I'm hoping someone on BP has some immediate experience with this as I'd like to consider it for our next home.

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