Halo Solar | Solar Panel and Installation | Frequently Asked Questions

Frequently Asked Questions

Will my property taxes increase with the addition of solar?

Illinois is one of many states throughout the country where the value of your solar installation is exempt from your property taxes. This means that even though installing solar will increase the value of your home, your property taxes will not increase. During your close-out meeting, you will be asked to sign a PTAX-330 form, which Halo will send on your behalf to your county assessor, notifying them of the addition of solar panels to your home.

What are SRECs?

Solar Renewable Energy Credits (SRECs) are units of currency that represent the environmental benefits that come from 1 Megawatt of electricity being generated by a solar array. Once an SREC is created, it will be sold by our Approved Vendor, Carbon Solutions Group, to your utility provider to help them meet their sustainability goals. For more information, please visit www.illinoisshines.com.

What does the five year workmanship warranty cover?

Our installation team will take great care to make sure your system is installed properly, however, we know that mistakes can happen. Halo Solar stands behind our work, and because of that we offer a five-year workmanship warranty which covers any issues related to improper installation, including leaks.

How will I know if my system is operating correctly?

Once your solar array has been installed and energized, Halo will provide you with access to an online portal that allows you to monitor your system's production. When something seems off, you and the Halo team will receive an alert, and we will begin working on a solution right away.

Do I need to insure my system?

When your solar array is installed, you will be required to provide proof of liability insurance to your utility provider, but it is possible that you may need to add your solar panels to your homeowners insurance as well. Every insurance policy is different, so we recommend talking to your insurance provider to understand your unique needs.

How do I claim the 30% tax credit?

Your solar system is automatically eligible under the Investment Tax Credit. Halo Solar will provide all the documentation needed to file with your next years taxes, but, we also recommend consulting with your trusted tax professional to ensure that you are maximizing the effectiveness of this incentive.