'''''Note: The Federal Housing Financing Agency (FHFA) issued a [http://www.fhfa.gov/webfiles/15884/PACESTMT7610.pdf statement] in July 2010 concerning the senior lien status associated with most PACE programs. In response to the FHFA statement, most local PACE programs have been suspended until further clarification is provided. '''''
As part of the state's 1997 electric utility restructuring legislation, Illinois established provisions for the disclosure of fuel mix and emissions data. All electric utilities and alternative retail electric suppliers must provide details of their fuel mix and emissions to customers within bills on a quarterly basis. This information is also posted to the Illinois Commerce Commission's web site.
Illinois business owners, non-profit organizations, and local governments seeking loans for certain energy efficiency and renewable energy upgrades may apply for a rate reduction, under the Green Energy Loan program through the Illinois State Treasurer's Office, in partnership with eligible banks in the state (loan seekers are encouraged to verify if the [http://www.treasurer.il.gov/programs/ag-invest/pfi/green-energy-pfi.aspx eligible banks] are actively participating in the program).
The Illinois Clean Energy Community Foundation (ICECF) was established in December 1999 as an independent foundation with a $225 million endowment provided by Commonwealth Edison. The ICECF invests in clean-energy development and land-preservation efforts, working with communities and citizens to improve environmental quality in Illinois. The ICECF provides competitive grants to programs and projects that improve energy efficiency, develop renewable-energy resources, and preserve and enhance natural areas and wildlife habitats in Illinois.
The Illinois Municipal Electric Agency (IMEA) offers rebates to member municipal utilities* (those who purchase wholesale electric service from IMEA) and retail customers for energy efficiency upgrades. The incentive program provides up to 75% of the project cost in rebates or grants for qualified efficiency projects --although all incentives are subject to funding availability. Rebates are provided for a variety of projects including custom measures. The same program eligibility and applications apply.
'''''RECAP is closed for 2011. The program will reopen in late 2012.'''''
The Illinois Solar Energy Association offers the Renewable Energy Credit Aggregation Program (RECAP) to Illinois solar photovoltaic (PV) system owners, providing them with an opportunity to receive payment for their solar renewable energy credits (SRECs*). The program was created in 2008 to provide an additional revenue stream for small PV system owners and to support Illinois solar development.
The Smart Energy Design Assistance Center and the Illinois Department of Commerce and Economic Opportunity is offering grants for public housing authorities PHAs) and their residents for the implementation of energy efficiency measures. Applicants must be serviced by Ameren Illinois, ComEd, Nicor Gas, Peoples Gas, or North Shore Gas. Targeted PHAs include residential households at or below 30% of Average Median Income (AMI), 50% AMI, or 80% AMI. Funding is limited to $350,000 per applicant and grant costs cannot exceed 100% of the total project costs.
'''State Green Building Standards'''
Illinois requires that all new state-funded construction or major renovations are required to seek LEED, Green Globes, or equivalent certification. The ''Green Buildings Act'' (July 2009) defines major renovations as projects with a budget of at least 40% of a building's replacement cost and makes the following requirements based on the U.S. Green Building Council's Leadership in Energy and Environmental Design (LEED) rating system:
Illinois's 1997 electric-industry restructuring legislation created separate public benefits funds that support renewable energy and residential energy efficiency. The efficiency fund is known as the Energy Efficiency Trust Fund. Electric utilities and alternative retail electric suppliers contribute annually a pro-rata share of a total amount of $3 million, based on the number of kilowatt-hours sold during the previous year. The funding mechanism was established for 10 years in January 1998 and was renewed until December 12, 2015 in August 2007.