A software designed for the Illinois photo voltaic market helps estimate the potential monetary returns from producing Photo voltaic Renewable Power Credit (SRECs). This estimation usually includes inputs like system dimension, location, and anticipated vitality manufacturing, factoring within the present SREC market worth and relevant state laws. As an illustration, a consumer would possibly enter a 5-kilowatt system in Springfield to venture potential SREC income over a given timeframe.
Such instruments are essential for stakeholders within the Illinois photo voltaic {industry}. Builders, installers, and potential system homeowners can leverage these estimations to evaluate venture feasibility and perceive the long-term monetary viability of photo voltaic investments. This knowledgeable decision-making helps the expansion of renewable vitality throughout the state, pushed by the Illinois Energy Company’s Adjustable Block Program. This system’s historical past and evolution have immediately influenced the demand and worth of SRECs, making correct estimation instruments important for navigating this dynamic market.