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INCENTIVES

COMMERCIAL SOLAR &
STORAGE INCENTIVES

Federal, state, and utility programs can offset 30–60% of total project cost in Year 1 — depending on project structure and incentive eligibility.

OUR APPROACH

WE MODEL THE FULL STACK

Most contractors quote a system price. We quote a financial outcome.

GEC's proposals include detailed incentive modeling across all applicable programs — federal, state, and utility. We calculate your net project cost, Year 1 tax position, and projected payback before you sign anything.

WHAT WE HANDLE

Incentive eligibility research for your specific location

State program applications and contract administration

Utility rebate documentation and submission

Prevailing wage compliance documentation (where required)

Interconnection application and utility coordination

ITC-ready documentation for your tax advisor

You focus on approving the savings. We'll handle the paperwork.

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PROJECTS OUTSIDE ILLINOIS

GEC works nationwide. State and utility incentive programs vary by location — some states offer SREC markets, others have utility rebates or performance-based incentives. We research and model the full incentive stack for every project, regardless of where your facility is located.

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GET STARTED

SEE WHAT YOUR FACILITY QUALIFIES FOR

Every project is different. Incentive eligibility depends on system size, location, utility territory, and timing. Schedule a site assessment and we'll model your full incentive stack — no obligation.

COMMON QUESTIONS

FREQUENTLY ASKED QUESTIONS

  • Yes. Federal (ITC, MACRS), state (IL Shines), and utility (ComEd) incentives stack on standard commercial projects. What is harder to change once contracts are signed is the financing structure itself (cash vs loan vs PPA). GEC models multiple structures upfront so you can compare side by side before committing.

  • Tax-exempt entities can access the federal ITC through Direct Pay (elective payment), receiving the credit value as a cash refund. State programs and utility rebates typically apply regardless of tax status.

  • Timelines vary. Under the One Big Beautiful Bill (OBBB), solar projects must begin construction by July 4, 2026 to preserve ITC eligibility under legacy rules. The ITC rate (6% base, 30% with PWA compliance or sub-1 MW AC) depends on separate criteria. State (IL Shines) and utility (ComEd) programs operate on their own schedules. Earlier projects lock in current rates.

  • Yes. We handle state program applications, utility rebate submissions, prevailing wage documentation (where required), and interconnection filings. You receive ITC-ready documentation for your tax advisor.

  • Federal incentives (ITC, MACRS) apply nationwide. State and utility programs vary by location — some states have SREC markets, others offer utility rebates or performance-based incentives. Contact us for a location-specific analysis.

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AVAILABLE PROGRAMS

WE MODEL EVERY APPLICABLE INCENTIVE INTO YOUR PROPOSAL

Federal, state and utility programs— GEC models every applicable incentive into your proposal — wherever your facility is located. We identify what you qualify for, calculate the financial impact, and handle the paperwork.

FEDERAL — NATIONWIDE

FEDERAL INVESTMENT TAX CREDIT (ITC)

30-60% of project cost

Dollar-for-dollar federal tax credit. Base 30% rate with bonus adders for domestic content, energy communities, and low-income locations. Construction must begin by July 4, 2026. 

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FEDERAL — NATIONWIDE

MACRS DEPRECIATION

~ 20-25% additional tax benefit

100% bonus depreciation is available under current law for qualifying property placed in service after January 20, 2025. Deduct 85% of system cost in Year 1 (basis reduced by half the ITC). 

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ILLINOIS STATE PROGRAM

IL SHINES (SRECS)

$49-70/REC (2025/26 pricing)

Illinois pays eligible project participants for Renewable Energy Credits (RECs) generated by approved solar projects. 1 REC = 1 MWh. GEC is an Illinois Shines Approved Vendor.

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COMED UTILITY REBATE

COMED SMART INVERTER REBATE

$250/kW (C&I) · $300/kW (small)

One-time rebate for solar systems using smart inverters from the Illinois Approved Inverter List. No net metering trade-off for C&I customers. Stacks fully with ITC, MACRS, and IL Shines.

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COMED UTILITY REBATE

COMED STORAGE REBATE

$250/kWh (C&I) · $300/kWh (small)

Separate rebate for battery storage associated with qualifying distributed generation. Stacks with the DG Rebate — claim both on a solar-plus-storage project. Requires participation in ComEd grid support programs.

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