On December 19, the Illinois Power Agency released a response to stakeholder comments received on the Agency’s proposed approach for collecting data for REC Price Model cost inputs. The Agency appreciates respondents’ candid feedback on the proposal and associated questions. From this feedback, the Agency was able to make meaningful updates to the proposed approach. The updated approach will allow the Agency to collect valuable data for the REC Price Model while limiting the time and resources needed to provide data. Specifically, the Agency will only collect aggregated data through annual surveys and will not add required project cost fields to Part II applications for the Illinois Shines and Illinois Solar for All programs. These changes are meant to address stakeholder concerns while maintaining the Agency’s goal of obtaining valuable Illinois-specific project cost information to improve the accuracy of REC Pricing Model outputs. The first survey is expected to be released on January 10, 2025.
Thank you,
Illinois Shines Program
[email protected]
