What They Are
Solar Renewable Energy Certificates (SRECs) represent the environmental value of clean electricity your solar system produces — one SREC is issued for every 1,000 kWh (1 MWh) of energy generated.
How You Benefit
In Illinois, SRECs are part of incentive programs like Illinois Shines and can be sold or monetized through program contracts, providing a predictable revenue stream that helps offset system costs.
Who Earns Them
- Owners of qualified solar projects (commercial, agricultural, nonprofit)
- Typically registered through an Approved Vendor or designee.
Why They Matter
SREC payments help fund the value of your solar system beyond utility bill savings and tax credits, especially when integrated with other incentives.