Solar for Affordable Housing
Affordable housing and housing in low- and moderate-income communities are often burdened by paying a larger percentage of their income towards energy expenses. Elevate Energy has helped preserve thousands of affordable housing options in the region with smart energy solutions.
With the extension of the federal Investment Tax Credit (ITC), accelerated depreciation of solar (MACRS), and new Solar Renewable Energy Credits (SRECs) in Illinois through 2030, there are a number of potential incentives available for rooftop solar that can make it very affordable. However, the incentives, system options, and ownership structures for solar on affordable housing can be complicated. Elevate Energy can help affordable housing owners navigate these complexities, offering cost and energy modelling, technical assistance, contractor management, and more.
For more information on installing rooftop solar on affordable housing please contact us at .