With its new Distributed Generation (DG) Rebate, Illinois offers a generous upfront payout and additional incentives to help achieve its ambitious clean energy goals. Stem University has launched a micro-course that shows what you need to know about the DG Rebate, including best-fit customers and project sizing guidelines. Applications and completed interconnection requests are due by year-end 2024.
Quick details:
- Rebate implemented as a result of the 2021 Climate and Equitable Jobs Act (CEJA), which set a statewide goal of 100% carbon-free electricity by 2045
- Upfront rebate available now and paid at Commercial Operation Date (COD), plus future revenues for grid services
- $250/kW upfront rebate for distributed renewables (e.g. solar)
- $250/kWh upfront rebate for energy storage paired with eligible renewable resource
- Executed interconnection agreement required before 12/31/2024 to lock in incentive
- Targeted at renewable DG projects of 5 MW or less
- Projects must be located in the service territory of an Illinois investor-owned utility (IOU)
For a deeper look at eligibility, requirements for the upfront incentive, earning recurring revenues through the grid services program, and additional rebates and value streams, enroll in the Stem U course today. Apply here.