Illinois Guide · Updated April 2026

Illinois Rebates & Credits: Waitlist Pending USDOE + High Property Tax Relief 2026

With the highest average property tax rate in the country, Illinois homeowners benefit enormously from homestead exemptions. HOMES and HEAR are both pending USDOE approval — Illinois EPA administers with DCEO as implementing partner; join the Energy Rebates Listserv for launch updates.

What rebates and credits are available in Illinois right now?

Illinois homeowners can access federal tax credits, state HOMES/HEAR rebate programs, and local property tax exemptions. Here is the current status of every major program as of April 2026:

ProgramValueStatusSource
HOMES Rebate ProgramUp to $8,000Waitlist.gov
HEAR Electrification RebateUp to $14,000Waitlist.gov
General Homestead Exemption$300 - $1,000/yearAvailable
Federal Solar + Heat Pump Credits (Historical — 2025 only)$2,000 - $12,000 (2025 filers only)Available.gov

What should Illinois homeowners know about these programs?

Illinois HOMES and HEAR are pending USDOE approval — waitlist is open via IL EPA

Illinois EPA administers; DCEO is the implementing partner. Join the Energy Rebates Listserv for launch updates.

Illinois has the highest average property tax rate (2.07%), making exemptions extremely valuable

General homestead exemption reduces EAV by up to $10,000 for qualifying homeowners

How much can Illinois homeowners save with each program?

HOMES Rebate Program

Waitlist
Up to $8,000

Illinois HOMES program is pending USDOE approval. Illinois EPA is the administering agency; DCEO is the implementing partner. Join the Energy Rebates Listserv at epa.illinois.gov for launch updates.

Official program page →

HEAR Electrification Rebate

Waitlist
Up to $14,000

Illinois HEAR program is also pending USDOE approval. Waitlist updates via the IL EPA Energy Rebates Listserv. Income-qualified households receive higher amounts when funding opens.

Official program page →

General Homestead Exemption

$300 - $1,000/year

Reduces your equalized assessed value by up to $10,000. With IL's 2.07% average rate, this translates to significant annual savings. Must be owner-occupied primary residence.

Federal Solar + Heat Pump Credits (Historical — 2025 only)

$2,000 - $12,000 (2025 filers only)

IRC §25D (30% solar) and §25C (heat pump, $2,000 cap) were terminated for installs placed in service after December 31, 2025 under the One Big Beautiful Bill Act (Public Law 119-21, July 2025). Still claimable on your 2025 return if installation was completed by Dec 31, 2025.

Official program page →

Free rebate alerts

We monitor HOMES and HEAR program status in all 50 states. When a program opens or a waitlist moves, you'll be the first to know.

No spam. Just alerts when programs change in your state.

How much could you save in Illinois?

Take our free 2-minute quiz to get a personalized estimate based on your specific situation — income, home type, family, and upgrades.

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Illinois metro areas — local programs

County, city, utility, and regional programs specific to each metro area. These are in addition to the statewide programs listed above.