Renewable Energy Resources Trust Fund
Business Solar Thermal: 30% of project costs
Government and Nonprofit Solar Thermal: 40% of project costs
Business PV: $1.50/watt or 25% of project costs
Government and Nonprofit PV: $2.60/watt or 40% of project costs
Business Wind: $1.70/watt or 30% of project costs
Government and Nonprofit Wind: $2.60/watt or 40% of project costs
The Illinois Department of Commerce and Economic Opportunity (DCEO) is offering grants for community-scale solar and wind projects located in Illinois. Eligible businesses can apply for up to 30% of project costs for solar thermal and wind and 25% for solar PV, and government and nonprofit entities can apply for up to 40% of project costs. Business photovoltaic (PV) projects are limited to $1.50/watt, and nonprofit and government PV projects are limited to $2.60/watt. Business wind projects are limited to $1.70/watt, and nonprofit and government projects are limited to $2.60/watt. The maximum grant award for all sectors and all project types is $250,000. Applicants must be customers of a utility that imposes the [http://www.revenue.state.il.us/LegalInformation/regs/part517/ Renewable Energy Resources and Coal Technology Development Assistance Charge] and must contribute at least 25% of the total project funds through its own contributions or funds from other financial partners. Funds from public incentive programs do not qualify as matching contributions. Applications are available on the program web site and will be accepted until April 8, 2013. Generation equipment and related metering components are eligible for funding. Preference is given to projects that have an innovative design, technology, or financing, or projects that are integrated into a LEED certification. Specifically, the following types of equipment are eligible:
- Solar Thermal Systems: Systems must be new, over $100,000 in total costs, and approved by the Solar Rating and Certification Corporation (SRCC) or a comparable organization. Applicants must provide an estimate of annual BTU production for the system.
- Solar Photovoltaic Systems: Systems must be new, over $100,000 in totals costs, and Underwriters Laboratories (UL) listed or have completed 1 year of field testing. Applicants must have a photovoltaic assessment analysis using PVWatts or a comparable estimation tool and submit results.
- Wind Systems: Systems must be new and over $100,000 in total costs. Applicants must demonstrate that the location is suitable for wind generation with the results of a wind site assessment analysis. Preference is given to projects that have had an independent wind site assessment conducted by a certified wind site assessor.
Projects must be completed within 2 years of the start date of the grant agreement. Application materials are available on the program web site.
PV, Solar Thermal, and Wind systems minimum cost: $100,000
Solar Thermal: Must be SRCC rated or equivalent
PV: Must be UL-listed or field tested
Wind: Must have site assessment