Alternative Energy Bond Fund Program

February 26, 2003


This grant program funds capital projects of any renewable energy technology--including biofuels, solar, wind, hydro, geothermal, and landfill and digester gases-- at up to 100 percent of capital cost. Grants range from $60,000 to $1,000,000, and current appropriations for the program are $5 million. Note that this fund is not available for residential projects.

Program Overview

Implementing Sector: State
Category: Financial Incentive
State: Illinois
Incentive Type: Grant Program
Web Site:
Administrator: Illinois Department of Commerce and Economic Opportunity
Start Date:
Eligible Renewable/Other Technologies: Solar Water Heat,Solar Space Heat,Geothermal Electric,Solar Thermal Electric,Solar Photovoltaics,Wind (All),Biomass,Hydroelectric,Renewable Fuels,Landfill Gas,Wind (Small)
Incentive Amount: up to 100% of cost
Maximum Incentive: $1,000,000

This information is sourced from DSIRE; the most comprehensive source of information on incentives and policies that support renewables and energy efficiency in the United States. Established in 1995, DSIRE is operated by the N.C. Clean Energy Technology Center at N.C. State University.