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What makes IL SRECs special is they offer front loads, where you can be paid 85% of the 15-year SREC value upfront on year 1 for small systems, and up to 5-year SREC value for large systems.
Sighten calculates the value of the SRECs as: Total SRECs = inverter capacity System Inverter Capacity kW AC * 0.1642 / 1000 kW/MW * 8760 hours/year* 15 years. From the total number of SCREs, we multiply it by the SREC rate multiplied by the 15% discount.
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