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Case in point, Illinois is now accepting applications for Block 1 for all group A and Block 2 for group B for small block categories and block groups. Once the allotted system size is met, Block 1 will be closed, and applications for Block 2 will be opened.. Larger block categories are currently closed.
Here's a table for reference:
If we look at the table, we can see that since applications are accepted for Block 1 at the moment, rates per megawatt are now at $85.10 for Group A, small systems while Group B's small systems can expect $72.97 per megawatt.
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.
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