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Solar Incentives

We at Acorn Management Group believe that investing in solar energy should come with peace of mind, lasting value, and a trusted team that truly supports you. That’s why we have built our business around integrity, reliability, and expertise, ensuring that solar customers receive the full benefit of their investment.

Solar Incentives

Solar Incentives Made Easy

At Acorn Management Group, we believe that solar energy should be rewarding, not overwhelming. As an Approved Vendor (#856), we specialize in simplifying the incentive process – helping your customers take full advantage of the benefits provided by the Illinois Shines program and ensuring they get the valuable incentives they are entitled to receive.

Solar Incentives

Understanding Solar Incentives

Solar incentives are designed to make solar energy more affordable for homeowners, businesses, and communities. Programs like Illinois Shines offer financial rewards based on the amount of electricity a system produces as a way to help counteract the cost of installing and operating solar energy systems.

Solar Incentives

What Is Illinois Shines?

Illinois Shines is an incentive program administered by the state of Illinois that was developed and is managed by the Illinois Power Agency (IPA). It supports solar energy growth by purchasing Renewable Energy Credits (RECs) from participating solar projects. A REC is issued each time a solar system generates one megawatt-hour of clean electricity, which represents the environmental value of that energy.

How Do Solar
Incentives Work?

The Illinois Shines incentive process is clearly outlined:

Each program year, which runs from June 1st to May 31st, the IPA establishes fixed REC prices that vary based on the type of solar project.

Solar providers estimate the total number of RECs a system will produce over its contract term, which is set at a minimum of 15 years.

The RECs from the solar project are purchased by Illinois Shines, and the financial value is shared back with the system owner through an Approved Vendor like Acorn Management Group (#856).

There are two main types of projects that are supported by Illinois Shines:

Solar energy systems are installed directly on homes, businesses, or other properties to provide electricity for the building on which it is installed. In DG projects, customers agree to transfer REC ownership to their vendor in exchange for benefits like reduced installation or system costs, lease credits, or lower energy bills.

Customers who are unable to install panels directly on their property can subscribe to a larger, shared Community Solar project. The developers receive the REC payments and pass along the value to subscribers through solar bill credits.

Savings You Can See

When you participate in the Illinois Shines incentive program:

You might receive an upfront discount when purchasing your solar energy system.
If you are leasing or subscribing to a CS project, you may enjoy lower monthly payments or bill credits.
You get the added benefit of contributing renewable energy to the electrical grid and knowing that you are making a difference in your community.

Maximize Your Solar Incentives With Acorn Management Group

We know how much time and effort goes into every solar project, and we are committed to making sure your customers receive every solar incentive they are eligible for through the Illinois Shines program. Learn more about Illinois Shines SREC Processing with Acorn Management Group.

We have aggregated $3 million and counting in REC incentive payments for residents of the state of Illinois, and we can do the same for you and your customers. Contact us today, and let us help you maximize your savings while enjoying the many benefits of solar energy.

Solar Incentives