An Illinois neighborhood photo voltaic venture by Ampion.
On Oct. 17, the Illinois Commerce Fee (ICC) accepted key updates to the 2024 – 2026 Illinois Energy Company’s Lengthy-Time period Renewable Assets Procurement Plan (LTRRPP) to broaden photo voltaic capability and defend Illinois shoppers from rising vitality prices.
The ICC’s resolution authorizes a right away enlargement of the Adjustable Block Program by 100% — doubling neighborhood, industrial and small-scale photo voltaic classes — and advancing new aggressive procurements for utility-scale forward of the federal Funding Tax Credit score (ITC) phase-out. The ruling permits builders to carry lots of of extra megawatts of inexpensive, clear energy on-line whereas securing decrease prices for ratepayers by way of environment friendly use of current funds.
“This resolution is a serious win for Illinois’ clear vitality future,” stated Andrew Linhares, senior supervisor for the Central Area at SEIA. “By increasing photo voltaic capability now, the Fee helps be sure that Illinoisans profit from decrease prices, better reliability and good-paying native jobs. It’s precisely the form of forward-thinking motion we have to preserve Illinois on observe as a nationwide chief in renewable vitality.”
Illinois’ method stands out nationally. Whereas many states have slowed procurement in response to federal uncertainty, Governor Pritzker’s administration and the ICC have moved swiftly to speed up renewable vitality investments that create native jobs, stabilize payments, and strengthen grid reliability. The expanded capability may also prioritize tasks that may start building earlier than the ITC sundown, making certain most financial worth for Illinois shoppers and employees.
Information merchandise from Photo voltaic Powers Illinois
