Solar panels in Peoria, Illinois
Everything a Peoria homeowner needs to make a smart solar decision in 2026 — real costs, Ameren Illinois net metering, Illinois Shines (Adjustable Block Program), and honest payback math with no sales pressure.
Peoria is a Central Illinois community of approximately 113,000 residents served by Ameren Illinois. Like all Illinois homeowners, Peoria residents have access to Illinois Shines (Adjustable Block Program) REC income over 15 years, ComEd and Ameren full retail-rate net metering, sales tax exemption on solar equipment, and property tax exemption on solar-added home value. The federal 30% solar credit expired at the end of 2025 — any quote showing a federal credit for a 2026 installation is using outdated numbers.
What solar costs in Peoria in 2026
Solar installation in Peoria runs approximately $2.80–$3.30 per watt installed. For a typical 8 kW system, that is roughly $22,400–$26,400 before incentives. Illinois Shines SREC income significantly improves the effective net cost picture. The sales tax exemption (6.25% state) saves approximately $1,400–$1,650 on a typical system. No state income credit applies.
Solar incentives available in Peoria
Illinois Shines (ABP) REC income for 15 years — the primary state incentive — plus ComEd/Ameren full retail-rate net metering, 6.25% sales tax exemption on solar equipment, and property tax exemption on solar-added value. No state income tax credit. Federal credit expired end of 2025. Full Illinois incentives breakdown.
Is solar worth it in Peoria?
For most Peoria homeowners who own their home with reasonable sun exposure, solar is a solid investment in 2026. Illinois Shines SREC income on top of ComEd/Ameren net metering shortens payback to 7–10 years for most Peoria systems, with 25-year net savings of $30,000–$55,000.
Ameren Illinois net metering in Peoria
Ameren Illinois credits excess solar from your Peoria system at the full retail rate (~$0.17–$0.22/kWh for ComEd, lower for Ameren), applied against your monthly bill. Critically, Illinois Shines SREC income stacks on top of these net metering credits — make sure your installer is enrolled in Illinois Shines or you are leaving significant money on the table. Interconnection takes 6–10 weeks. Full Illinois net metering guide.
Next steps for Peoria homeowners
We will give you a free, no-pressure estimate for your Peoria home with every 2026 Illinois incentive applied honestly — accurate Ameren Illinois net metering credits, real payback math, and no expired federal credits baked in. A real person reviews your estimate. If solar does not fit your Peoria situation, we will tell you that instead.