Renewable Energy Business Development Grant Program (Illinois)
(Redirected from DCEO - Renewable Energy Business Development Grant Program (Illinois))
Last modified on February 12, 2015.
Financial Incentive Program
|Name||Renewable Energy Business Development Grant Program|
|Incentive Type||Industry Recruitment/Support|
|Applicable Sector||Commercial, Industrial, Local Government, Nonprofit, State Government|
|Eligible Technologies||Biomass, Hydroelectric, Photovoltaics, Solar Space Heat, Solar Thermal Electric, Solar Thermal Process Heat, Solar Water Heat, Wind, Other Unspecified|
|Incentive Inactive Date||2013-06-06|
|Energy Category||Renewable Energy Incentive Programs|
|Maximum Incentive|| $500,000
|Program Administrator||Illinois Department of Commerce and Economic Opportunity|
NOTE: The most recent application period closed on October 28, 2011. Check the program web site for information regarding future solicitations.
The Department of Commerce and Economic Opportunity administers the Renewable Energy Business Development Grant Program. The program will support expenses related to the development, retooling, or expansion of renewable energy business and component manufacturers. Eligible costs include the purchase and installation of machinery, equipment and new industrial systems, necessary site improvements, technical or engineering services for process improvements, and the conversion of existing processes. Grant awards are available for between $100,000 and $500,000 and are limited to 50% of project costs. Applications will be accepted until October 28, 2011, subject to funding availability.
Renewable-energy technologies eligible for funding support include wind energy, solar-thermal energy, photovoltaics, dedicated crops grown for energy production and organic waste biomass, hydropower that does not involve new construction or significant expansion of hydropower dams, and "other such alternative sources of environmentally preferable energy." Energy from the incineration, burning or heating of waste wood, tires, garbage, general household, institutional and commercial waste, industrial lunchroom or office waste, landscape waste, or construction or demolition debris is not eligible.
Projects must be located in Illinois. In addition, because the program is funded by the Renewable Energy Resources Trust Fund, grants are available only to customers of utilities that impose the Renewable Energy Resources and Coal Technology Development Assistance Charge, as defined in 20 ILCS 687/6-5. Participating utilities are listed on the application available at the program website. See the program web site for additional details and requirements.
|Contact Name||Wayne Hartel|
|Department||Illinois Department of Commerce and Economic Opportunity|
|Division||Bureau of Energy and Recycling|
|Address||620 East Adams Street|
|Phone 2||(217) 782-7500|
Authorities (Please contact the if there are any file problems.)
|Authority 1:|| § 20 ILCS 687/6-3
- Incentive and policy data are reviewed and approved by the N.C. Solar Center's DSIRE project staff.