How Solar Energy Transforms Municipalities and Government Operations
Switching to solar power offers numerous benefits for municipalities and government agencies, providing not only financial savings but also environmental and community advantages. See our three top points on the value solar provides to your community.
Incentives
NATIONAL
Low-Income and Energy Communities – Projects in eligible areas may receive an additional 10%-20% tax credit.
Domestic Content – Projects using specified percentages of American-made materials may receive an additional 10% tax credit.
Direct Pay – Tax-exempt entities, governments and rural electric co-ops can receive the ITC as a direct payment instead of as a tax credit.
Transfers – The ITC may be sold to other taxpayers.
STATE
Illinois – The Illinois Shines program provides incentives based on system size. In our experience, these incentives return roughly 30% of system cost back to the customer.
Illinois – Smart Inverter Rebate Program: Ameren Illinois customers can receive up to $300 per kilowatt for installed solar or energy storage systems.
Maximize Savings
Financial Benefits at a Glance
One of the most immediate and tangible benefits of solar power is the potential for substantial cost savings. Government buildings and municipal facilities consume a significant amount of energy, which translates into high utility bills. By installing solar panels, these entities can generate their own electricity and drastically reduce these expenses. The savings can then be redirected towards enhancing public services, upgrading infrastructure, and investing in new technologies that benefit the community. Additionally, many regions offer financial incentives and grants for solar installations, further reducing the overall cost and increasing the return on investment.
Leading By Example
Community Leadership
Implementing solar projects within municipalities and government facilities also highlights the role of these entities as community leaders. By adopting renewable energy solutions, governments can inspire residents and businesses to follow suit, promoting wider adoption of sustainable practices. Solar installations can serve as visible, tangible reminders of a municipality’s commitment to a greener future, building trust and goodwill among constituents. Furthermore, educational programs and community initiatives centered around solar energy can engage and inform the public, fostering a more informed and environmentally-conscious citizenry.
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3407 S. Jefferson Ave.
St. Louis, MO 63118
844-33-SOLAR
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