Understanding SRECs in Illinois: Benefits and Process

What are SRECs?

Solar Renewable Energy Certificates (SRECs) are tradable credits that represent the environmental benefits of generating solar power.

When you install a solar panel system, it produces electricity and every megawatt-hour (MWh) of electricity generated creates one SREC. These certificates can be sold or traded separately from the physical electricity, allowing solar system owners to earn additional income.

The Illinois Environmental Protection Agency explains that SRECs are a key component in promoting solar energy (source).

By generating SRECs, you effectively contribute to the state's renewable energy goals, making solar energy more attractive and financially feasible.

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Understanding the importance of SRECs can help you make informed decisions about investing in solar energy. For more information about SRECs in other states, check out our guides on SREC Virginia,and SREC Maryland.

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Selling SRECs in Illinois

For more information on the basics of SRECs, visit our article on what is srec.

Selling Solar Renewable Energy Certificates (SRECs) in Illinois can be a straightforward process if you understand the steps involved. Here's a simple guide to help you navigate the process:

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1. Generate SRECs by producing solar energy

2. Register your system with the IPA

3. Choose a tracking system (PJM GATS or M-RETS)

4. Verify your SRECs

5. Sell your SRECs

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If you need help minting and selling SRECs for your rooftop solar, consider using Currents. We make it click-button simple to earn SRECs.

Turn your solar investment into extra cash with Currents, the fastest-growing SREC aggregator. Sign up today to effortlessly generate and sell your SRECs, maximizing your solar panel's financial benefits with our hassle-free platform.