- The utility must provide the necessary metering equipment for systems up to 40 kW in capacity
- Any net excess generation (NEG) during a billing period is carried over as a kilowatt-hour (kWh) credit to the following billing period. At the end of an annualized period, any remaining NEG credits in the customer’s account expire, so remember to size your system accordingly (but don’t worry your installer will discuss this with you).
- All net-metering customers retain ownership and title to all renewable-energy credits (RECs).
The Illinois Solar Energy Association (ISEA) established the Renewable Energy Credit Aggregation Program (RECAP) and partnered with Community Energy to offer this incentive. The way it works is simple, during set periods, ISEA purchases and bundles renewable energy credits (RECs) in Illinois for sale to Community Energy. Community Energy then uses the RECs to fill demand for the City of Naperville’s residential renewable energy program administered in partnership with Naperville’s municipal utility.
- The estimated payment is $0.065/kWh
- To be eligible for RECAP, solar PV systems must be located in Illinois, be legally grid connected, UL-listed or have completed at least one year of field testing.
- The incentive is available statewide. In some utility service territories, a net metering agreement may be required in order to retain ownership of RECs.
- There are no limits on system size, but ISEA reserves the right cap generation volume from a single participant and is giving priority to systems under 10 kilowatts (kW) of AC capacity.
- For systems less than 10 kW, quarterly estimates can be used to document production. For systems 10 kW and larger, production data must be submitted monthly. Participants also must be members of the Illinois Solar Energy Association, either as regular members for residential accounts, or business members for commercial accounts. They can join online at ISEA is currently accepting applications through October 31 (and possibly longer); more information is available at www.illinoissolar.org.
- Ameren Illinois Utilities – Residential Energy Efficiency Rebates
- Association of Illinois Electric Cooperatives (AIEC) – HomE Residential Rebate Program
- City Water Light and Power – Residential Energy Efficiency Rebate Programs
- ComEd – Smart Ideas for Your Home Efficiency Program
- MidAmerican Energy – Residential Energy Efficiency Rebate Programs
- Nicor Gas – Residential Energy Efficiency Rebates
- Peoples Gas – Chicagoland Natural Gas Savings Program
If you are interesting in finding out how much a home solar power system could save you, fill out our free estimate form an we will have qualified solar contractors contact you and provide you with tailored quotes.