As a participant in Illinois Solar For All, you are guaranteed 50% or greater savings on your current electrical bill. This can be hundreds of dollars a month in savings, depending on your electrical usage. To participate in Illinois Solar For All, you must be at or below 80% of Area Median Income. This amount varies based on the number of people in your household and where you live in Illinois.

Length

Typically a contract is 20-30 years, with the option to terminate (buy-out) after year 6 (additional terms can apply).

Payment Terms

How often the special purpose entity (SPE) will be paid, the penalty for non-payment, dealing with disputes, taxes, etc..

Project Construction

Information on a reasonable timeline and materials expectations for completion of construction.

Pricing

The rate (amount paid) for the electricity to be delivered to the offtaker/customer by the SPE over the length of the contract. This often includes escalation rates, which are usually less than historical increases in utility electricity rates.

System Information

This includes size, location, anticipated first-year production, description, modules, inverters, and utility provider.