Answer
What clean energy incentives can a Chicago building use?
Chicago buildings can combine C-PACE financing for energy upgrades, federal IRA clean electricity credits (a 30% base ITC plus bonuses) for solar and storage, the §179D deduction for efficiency, and utility rebates. The right stack depends on the project.
What to know
- C-PACE provides up to 100% upfront financing repaid through the property tax bill.
- IRA §48E/§45Y credits cover solar and storage, with +10% energy community and +10-20% low-income bonuses.
- §179D gives up to $5.94/sq ft for efficient HVAC, lighting, and envelope work — but sunsets for construction after 6/30/2026.
- Tax-exempt owners can monetize credits as a cash refund through elective (direct) pay.
Related programs
Sources
This is a discovery tool, not legal, tax, or eligibility advice. Confirm current requirements with the administering agency before applying, certifying, or relying on any program listed here.