Overview
- Ampion says the product is already operating, with a 2.5 MWdc project in Maine providing Illinois subscribers with up to 20% discounts on solar credits.
- The company works with utilities to transfer funds as bill credits to income-qualified households in other regions, with allocations calculated monthly and held in escrow.
- Ampion positions the approach as a faster path for developers to meet Category 4 low-income Investment Tax Credit requirements as federal incentives wind down.
- The tool targets markets where recruiting low-income subscribers is costly or difficult, with Illinois serving as an early focus due to scale, acquisition costs, and cooperative utilities.
- Executives say the primary benefit is developer flexibility, note that only thousands of households are likely to participate initially, and cite Ampion’s roughly 1.5 GW under management after recent expansion.