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IPA Issues Guidance on H.R.1 Impacting Solar Projects
On July 4, House Resolution 1 (H.R.1) was signed into law, introducing significant changes to federal clean energy tax credits that impact both residential and commercial solar projects in Illinois, among other items. In response, the IPA has published guidance to help stakeholders navigate these changes and understand their implications.
The IPA encourages residents, businesses, and developers to act promptly to secure the available tax credits before the expiration deadlines. Delays may necessitate meeting additional requirements or could result in missing the opportunity for these credits entirely.
While federal incentives are ultimately being phased out, Illinois remains firmly committed to advancing a clean energy future. Illinois’ two solar incentive programs, Illinois Shines and Illinois Solar for All, are state-funded and remain independent of federal programs. These programs will continue to make clean energy more accessible and affordable for households, businesses, and communities across Illinois.
