Time’s Running Out: Maximize Solar Savings with ComEd Before Program Changes

What is net metering?

Learning about solar energy in Illinois also means learning about net metering. When your solar panels generate more power than you use, that power gets pushed back into the grid. Under a net metering program, you get credit on your utility bill for the excess energy produced.

Not all states have net metering programs. In those that do, how credits are calculated varies from state to state.

How do the utility credits work now?

ComEd has one of the best net metering programs in the country, with the highest utility bill credits. That is changing at the end of the year.

ComEd’s net metering program currently allows for substantial savings by crediting all line items multiplied by kilowatt-hours produced. Under this arrangement, many of our customers see a monthly bill of around $15.

What is changing?

However, starting December 15th, 2024, credits will only apply to the supply portion of the bill, reducing potential savings.

ComEd’s new net metering program still offers attractive benefits for solar energy users. However, credit amounts will be reduced. Those whose solar systems go live after December 15, 2024, will be on a new program with reduced credits.

Why act now?

Why act now if the deadline is December 15th?

Your solar system must be up and running, producing power, BEFORE that date. It can easily be months from the time you sign a contract to the time of installation.

The reason involves permitting (usually takes up to 45 days), weather, and other factors. (We explain this length of time in this video about starting a solar project in the winter.)

Please watch the video on this page. Dan Puckett breaks down the sections of a typical ComEd bill and explains what is changing.

Don’t miss out on the opportunity to secure the best possible return on your solar investment!

Ready to get started?

Fill out the form below with some basic information. Our experts are here to guide you through the process and ensure a seamless transition to solar power before the new program takes effect.