Illinois Smart Inverter Rebates
Illinois businesses and solar communities interested in investing in solar power might be overlooking an incentive that could save them money.
How to Benefit from Illinois Smart Inverter Rebates
As Illinois makes a strong push to grow its renewable energy portfolio through solar and wind resources, the state has rolled out financial incentives — including the Illinois Smart Inverter Rebate — to help homeowners make the switch. Now is the time to act. By understanding the key aspects of this rebate and pairing it with available state and federal incentives, you can maximize your savings on a smart inverter for your solar panel installation.
Eligibility
Ameren Illinois, ComEd, and MidAmerican non-residential and community solar projects up to 2 MW (AC) installed after Jan. 1, 2017
Rebate
$250 per kW of project’s direct current capacity
Illinois Smart Inverter (SIR) Rebate
Smart inverters have greater capabilities than previous inverters, such as active control of voltage and frequency, as well as the ability to communicate with utility.
Requirements
Customers must enroll under a net metering tariff that only provides net metering credits for the generation portion of a customer’s utility bill. As well, the meter must be able to communicate with the utility.
Eligible Smart Inverters
As per Future Energy Jobs Act: Section 16-107.6(a) “Smart inverter means a device that converts direct current into alternating current and can autonomously contribute to grid support during excursions from normal operating voltage and frequency conditions by providing each of the following: dynamic reactive and real power support, voltage and frequency ride-through, ramp rate controls, communication systems with ability to accept external commands, and other functions from the electric utility.”
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Tick Tock Energy is ready to help you invest in a clean solar energy system on your property, capture lucrative solar incentives, reduce long-term electricity costs, and and enhance the value of your property. To discuss your power needs with one of our solar consultants, request an initial consultation and quote today.
Tick Tock has helped countless homeowners across Illinois, Missouri, and Indiana enhance the value of their property and reduce their utility costs with solar power systems. Explore our recent installations below.
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