NewEnergyNews More: ILLINOIS LAWMAKERS GIVE SOLAR $30MIL BOOST

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    • Monday, June 30, 2014

    ILLINOIS LAWMAKERS GIVE SOLAR $30MIL BOOST

    Illinois Investing in Solar Power

    June 28, 2014 (AP via CBS St. Louis)

    “…[The Illinois Power Agency] will buy up to $30 million worth of solar power and pump it into the energy mix for electricity customers under legislation [just] signed into law…[The new law] establishes a competitive process to purchase the energy from new or existing solar installations, which could include rooftop solar panels that homeowners can use to sell any leftover power back to the electricity grid…The Illinois Power Agency was set up in 2007 to develop plans for buying renewable energy for utilities to feed into the grid. The money for the solar power purchases comes from the agency’s Renewable Energy Resources Fund, which is made up of clean energy fees paid by power suppliers…” click here for more

    click to enlarge

    posted by Herman K. Trabish @ 5:48 AM

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