Section 200/10-10 of the Illinois Compiled Statutes Property Tax Code establishes an alternate valuation assessment for solar energy systems. When the owner of a property with a solar energy system files a claim for an alternate valuation, the chief county assessment officer ascertains both the
The Illinois Commercial Property Assessed Clean Energy (C-PACE) program allows owners of eligible commercial, nonprofit, non-residential agricultural, or industrial buildings to finance up to 100% of their renewable energy and other sustainability improvements. The program is available in participating municipalities who opt to enter into
The Illinois Clean Energy Innovation Fund is a revolving investment fund seeded by a grant from the state of Illinois and the U.S. Department of Energy. It is now managed by Evergreen Climate Innovations, a non-profit investment fund. This fund makes direct investments in high-potential,
The Hydrogen Economy Task Force was created to make a plan to facilitate the deployment of hydrogen in the state. Membership will consist of 24 members, including appointments from the Illinois General Assembly, governor’s office, trade associations, community-based organizations, and others. The Task Force will
The Illinois Renewable Portfolio Standard (RPS) requires large investor-owned electric utilities and alternative retail electric suppliers to source 10% of eligible retail electricity sales from renewable energy by 2015 and 25% by 2025. The standard was enacted in 2007 and updated in 2021 by Senate
The Illinois Smart Energy Design Assistance Program, a public-private partnership, administers the Retro-Commissioning (RCx) Program. This program provides guidance for repairs, upgrades, and maintenance needs for buildings, including HVAC systems. Non-residential facilities in the Armen Illinois territory can have services partially or fully reimbursed if
The Illinois Finance Authority administers the Illinois Climate Bank. The Illinois Climate Bank provides bond financing for renewable energy and energy resilience projects through a range of programs including the Grid Resilience Grant, the State Small Business Climate Initiative, and the PACE bond program.
