Citing friendly solar policies in the state, Houston-based Sunnova Energy Corp., a privately held residential solar and energy storage service provider, has begun offering Illinois homeowners an opportunity to go solar through its solar lease agreement.
In addition, the company intends to expand its solar offerings in Illinois later this month by providing a loan product.
“Our goal is to empower homeowners across the northern part of Illinois to generate clean energy from their rooftops,” states William J. (John) Berger, CEO of Sunnova. “Thanks to a solar-friendly regulatory landscape, Illinoisans are now able to contract for greater energy savings and greater service through Sunnova’s 25-year Sunnova Protect warranty. We applaud the business and regulatory leaders of Illinois for creating a market opportunity to enable more clean energy for the state. Recent changes in policy surrounding the Illinois solar renewable credit program have opened up generous incentives, allowing consumers to undercut local utility rates.”
The company believes Illinois – with strong state incentives and rising utility prices – is primed for a solar energy boom. In 2016, the Illinois Power Agency laid out a plan to acquire 25% of Illinois’ energy from renewable sources by 2025 – a requirement from the federal Future Energy Jobs Act.
“Not only does the move into the Illinois market allow Sunnova to bring solar to more homeowners, it also allows us to work closely and help fuel the growth of our network of regional solar installation dealers in the Midwest. More solar equals more solar jobs,” notes John Santo Salvo, executive vice president of channel operations and chief procurement officer of Sunnova. “With our Illinois dealers, we are eager to provide homeowners with better options to better control their monthly electricity bills and, at the same time, reduce the amount of energy they have to pull from the grid.”
Sunnova will provide homeowners in Illinois the opportunity to lease their systems through Sunnova’s Easy Save plan or to own their systems through Sunnova’s Easy Own loan plan.