This grant program is meant to assist schools that wish to install, acquire, or improve renewable energy systems. The grant will provide 50% of the project cost up to a maximum of $1 million provided that school can demonstrate the ability to fund the remaining 50%. Schools may accept private funds for their portion of the project cost. Public Act 095-0046 amends Article 6 of The Renewable Energy, Energy Efficiency, and Coal Resources Development Law of 1997 (20 ILCS 687/6) by adding section 5.5. The grant program will be administered by the Illinois Department of Commerce.
|Incentive Type:||Grant Program|
|Eligible Renewable/Other Technologies:||Solar Photovoltaics,Wind (All),Geothermal Heat Pumps|
|Incentive Amount:||50% of project cost|
|Maximum Incentive:||$1 million|
|Name:||Public Act 095-0046|
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.
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