The Illinois Power Agency (IPA) is in the process of conducting the Illinois Supplemental PV Procurement Program. Under the Supplemental Procurement, the state allocated $30 million for the IPA to procure Solar Renewable Energy Credits (SRECs) from PV systems energized on or after January 21, 2015. The IPA will purchase SRECs for 5 years from residential and small commercial solar facilities up to 2 MW in nameplate capacity. The first solicitation was held in June 2015, with subsequent rounds held in November 2015 and March 2016. If necessary, a fourth contingency round may be held in the spring of 2017. Additional information is available below and on the Illinois Solar Energy Association website.
Systems located in the ComEd utility territory (including those installed prior to January 21, 2015) can be certified to generate and transact Pennsylvania-eligible SRECs. Submit your application online here.
Manage your SREC portfolio the smart way with SRECTrade's market leading software
Manage your facility and SREC portfolio online with full transparency and control over when and how your SRECs are sold.
We don't lock you into a contract to use our service and we don't take a principal position with your SRECs, so you can rest assured we're always targeting the best prices for you.
With over 274 MW of solar facilities under management, we're able to access more transaction opportunities for our clients.