Import an application

Permissionless

Import an Illinois Shines application

Every REC input is already on the application. Upload it, check the values, and the note is priced and opened.

1. Upload the application

PDF, photo or screenshot, or a CSV / JSON export. Max 10 MB. Only a fingerprint of the file is saved.

2. Check the values

Site name

City

Address

kW DC

kW AC (≤ 25)

Storage kWh

Capacity factor (decimal)

Part I REC qty (optional)

Part II REC qty (optional)

Utility group

A · AmerenB · ComEd

Customer-owned (+$20/REC)

Equity Eligible Contractor (+$5/REC)

3. Create the note

173 RECs × $90.37 = $15,634 · coverage 1.25x → 19.74% APR · fee $200 → $1,000 cash at takeout

Build (lender principal)

Solar hardware

$0.80/W-DC

$8,000

Installer base

$0.33/W-DC

$3,300

Day-one bonus

$0.02/W-DC, if built in one day

$200

Storage

64 kWh × $225 + $25 install

$16,000

Note size

$27,500

REC contract (Illinois Shines 2026–27)

Size / bin

Small DG · Group A · Ameren Illinois

8.33 kW-AC · 0–10 kW AC

Quantity

15 yr × CF 16.42%, −0.5%/yr, floored

173 RECs

Price

base $70.37 + $20 customer-owned

$90.37/REC

Contract value

$15,634

Cash at day 90–120

Ameren solar rebate

$300/kW-DC, fixed

$3,000

Ameren storage rebate

$300/kWh

$19,200

First REC payment

50% at energization

$7,817

Collateral held (5%)

released later to HELIO

− $782

Factored REC tail

$7,817 face × 65%

$5,081

Total cash

1.25x of build

$34,316

Waterfall

Lender principal

$27,500

Interest @ 19.74%, 120d

$1,785

Creator 5x cash

$1,000

Installer 7% of factor

$356

HELIO

+ collateral later · customer PPA

$3,676