By Katrina Lamansky, WQAD
ALEDO, Illinois — A Nebraska company is looking to expand its renewable energy capabilities into the Quad Cities area. The company, Bluestem Energy Solutions reached out to city leaders in Aledo, Illinois to explore the possibility of installing a wind or solar farm in the area. According to Chicago Tribune, new state requirements and incentives have peaked the interest in renewable energy developers. Read more here.
Photo Credit: Bluestem Energy Solutions
The Illinois’ Future Energy Jobs Act, now in effect, is an outstanding, innovative clean energy initiative that will likely attract the attention of more and more renewable energy developers in the months and years ahead.
The Act Will:
- Substantially expand energy efficiency programs to drive customer savings and also expand options for commercial, industrial, and low-income customers.
- Commit up to $750 million for low-income communities to save money and help them benefit from clean energy.
- Protect 4,200 jobs and preserve $1.2 billion in economic activity annually.
- Strengthen and expand the Renewable Portfolio Standard to ensure stable, predictable funding for renewable development, providing $180M per year – growing to $220M per
year – in funding for renewable resources, including new wind power, large-scale solar power, and rooftop and community solar.
- Position Illinois as a leader in zero-carbon electricity.
- Provide job training and create thousands of clean energy jobs in energy efficiency, energy innovation, and renewable power industries.
- Protect consumers through a 25-cent monthly cost impact cap for residential customers through 2030 and a 1.3% cap for business customers.
To learn more, visit: FutureEnergyJobsAct.com