Illinois · SREC / renewable credit · Deep-stack program

Illinois Shines (Adjustable Block Program)

Lets residential solar owners in Illinois sell credits for the power their system generates -- see the market rate, eligibility, and payback impact below.

$65-$75/REC
stated benefit
Residential
eligible customers
14 yr
Illinois baseline payback
4
other Illinois programs
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Deep-stack program · late directory

Illinois runs a 5-program DSIRE stack; this srec / renewable credit is one layer on a 14-year modeled baseline, not the whole story.

  • Stack5 programs
  • In-state #4/4
  • Type #4/7
  • Baseline14 yr

In-state directory place #4 of 4 (late alphabet). National srec / renewable credit directory #4 of 7. Amounts and eligibility change; verify with the official program page before relying on a dollar figure. Informational only - not financial advice. See our disclaimer.

Program description

Illinois Shines provides long-term Renewable Energy Credits at fixed prices for 15 years.

Program at a glance

Program type
SREC / renewable credit
Eligible customers
Residential
Stated benefit
$65-$75/REC for 15-year contract
State electricity rate
16.5¢/kWh
Illinois solar score
28/100
Visit the official program page

Solar's trajectory in Illinois

The market this incentive operates in: total installed solar capacity in Illinois reported to the EIA.

0 MW1.0 GW2.0 GW3.0 GW4.0 GW 200920112013201520172019202120232024 3.0 GW
Illinois now has about 3.0 GW of installed solar, the backdrop programs like this one are built on.

Source: U.S. Energy Information Administration, installed solar nameplate capacity As of 2024

Illinois's solar incentive stack

How this srec / renewable credit sits among Illinois's 4 tracked programs, by type

programs

What this shows Of Illinois's 4 tracked incentive types, 1 are SREC/renewable-credit programs -- an ongoing revenue stream from generation, distinct from the state's other stacked incentive types.

Source DSIRE incentives registry As of 2024

How this srec / renewable credit layers inside Illinois's deep stack

The Illinois Shines (Adjustable Block Program) lets Illinois solar owners sell renewable energy credits generated by their system, tracked as a solar incentive in DSIRE. Eligibility is scoped to residential customers, with a stated benefit of $65-$75/REC for 15-year contract. DSIRE lists no scheduled sunset, though enabling legislation and appropriations can still be revised year to year.

That baseline is slower than most states, which raises the stakes for every incentive on the table. Illinois averages 4.3 kWh/m²/day of usable sunlight and residential rates of 16.5¢/kWh, producing an estimated 7,534 kWh/year and $1,243 of annual utility offset on a typical 6 kW system costing $17,400. That baseline already implies a 14-year simple payback and a 25-year modeled net of roughly $13,675 before this incentive - every dollar this srec / renewable credit delivers compresses that payback further.

Illinois bundles a deep incentive stack, so this program rarely stands alone. Illinois has 5 solar incentive programs indexed in DSIRE, including adjacent options like IL Solar Property Tax Exemption, IL Net Metering, ComEd Smart Inverter Rebate. The state's net-metering policy is classified as full, which governs how excess generation is credited and often decides whether a given program is worth claiming for a specific household.

Frequently asked questions

Where does the Illinois Shines (Adjustable Block Program) sit in Illinois's deep program stack?
The Illinois Shines (Adjustable Block Program) is a srec / renewable credit available to residential solar customers in Illinois. The stated benefit is $65-$75/REC for 15-year contract.
How does this srec / renewable credit work beside Illinois's other programs?
Illinois Shines provides long-term Renewable Energy Credits at fixed prices for 15 years.
Who qualifies, and what does a late in-state directory place mean?
The program is available to residential customers in Illinois. Check the official program page for current eligibility requirements and deadlines. In-state directory place #4 of 4 (late alphabet).
How does this incentive affect solar ROI in Illinois?
Illinois has an estimated 14-year payback for a 6 kW system before incentives, with about $1,243/year in modeled savings. A srec / renewable credit like this lowers upfront cost or raises annual return, shortening that payback. Run the calculator for a figure based on your own bill.
Which other Illinois programs stack with this one?
Illinois has 5 solar incentive programs tracked in DSIRE, including IL Solar Property Tax Exemption, IL Net Metering, ComEd Smart Inverter Rebate. State programs are designed to stack on top of any available federal solar tax credit rather than replace it.

Incentive data from the DSIRE (Database of State Incentives for Renewables & Efficiency); state solar economics from NREL and the U.S. EIA. See our methodology · Illinois solar data · ROI calculator · All incentives.