SREC Calculator

Helio SREC Calculator 2024-2025

SREC CALCULATOR 2024-2025 PRICING

Yearly Production

System Size (DC) (ex 9.12)

Group

System Size (Group A)

System Size (Group B)

Calculations

Block A

REC Full Value

5% Collateral Bond Fee (Enter this value into Enerflo)

IPA Application Fee

15% Filing Fee

ENERFLO ADDER (Bond + Application Fee)

REC Paid to Owner

Block B

REC Full Value

5% Collateral Bond Fee

IPA Application Fee

15% Filing Fee

ENERFLO ADDER (Bond + Application Fee)

REC Paid to Owner

If you are human, leave this field blank.

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Disclaimer

Be advised that these values are estimates. The final SREC Rebate can change depending on future irradiance mapping. Any system over 25kW is paid over a period of 7 years.

Fee Details

There is a 5% Collateral Bond Fee that needs to be paid upfront and a Illinois Shines Application Fee ($20.00 per KW DC) and as a result must be added into Enerflo under the SREC Bond Fee Adder Section.

Once the system is commissioned and the REC has been issued, Helio will deduct 15% as a Filing Fee and remit the Balance to the homeowner.

After year 15, the 5% collateral bond fee is refunded and will be remitted to the homeowner within 30 days of issuances.

Leases

All leases are exempt from SREC Adder Fees. These fees are paid directly by Sunnova, the owner of the lease.