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Renewable Energy Resources Trust Fund (Illinois)
DSIRE/DtAdd 2000-01-01  +
DSIRE/Id IL01R  +
DSIRE/LstUpdt July 22, 2013  +
EZFeed/Relevant Yes  +
Incentive/Active true  +
Incentive/ApplDsc Commercial  + , Industrial  + , Institutional  + , Residential  + , Utility  +
Incentive/Auth2Code § 220 ILCS 5/16-111.1  +
Incentive/Auth2DtEff 1999-06-30  +
Incentive/Auth2DtEnact 1999-06-30  +
Incentive/Auth2Link http://www.ilga.gov/legislation/ilcs/ilcs4.asp?DocName=022000050HArt.+XVI&ActID=1277&ChapAct=220 ILCS 5/&ChapterID=23&ChapterName=UTILITIES&SectionID=21314&SeqStart=35100000&SeqEnd=39400000&ActName=Public+Utilities+Act.  +
Incentive/AuthCode 20 ILCS 687/6-1 et seq.  +
Incentive/AuthDtEff 1997-12-16  +
Incentive/AuthDtEnact 12/16/1997 (amended 2007)  +
Incentive/AuthExpireDt 2015-12-12  +
Incentive/AuthLink http://www.ilga.gov/legislation/ilcs/ilcs5.asp?ActID=266&ChapAct=20 ILCS 687/&ChapterID=5&ChapterName=EXECUTIVE+BRANCH&ActName=Renewable+Energy,+Energy+Efficiency,+and+Coal+Resources+Development+Law+of+1997.  +
Incentive/Charge $0.05 per month per residential electric s
$0.05 per month per residential electric service and residential gas service<br /> $0.50 per month for small nonresidential electric and gas service<br /> $37.50 per month for large nonresidential electric and gas service<br /> (50% of all charges support the RERTF)
gt; (50% of all charges support the RERTF)  +
Incentive/ContAddr 620 East Adams Street  +
Incentive/ContDept Illinois Department of Commerce and Economic Opportunity  +
Incentive/ContDiv Bureau of Energy and Recycling  +
Incentive/ContEmail wayne.hartel@illinois.gov  +
Incentive/ContName Wayne Hartel  +
Incentive/ContPhone (217) 785-3420  +
Incentive/ContPhone2 (217) 782-7500  +
Incentive/ContPlace Springfield, Illinois  +
Incentive/ContWebsite http://www.commerce.state.il.us/dceo/Bureaus/Energy_Recycling/Energy/  +
Incentive/ContZip 62704  +
Incentive/DsireLstSubModSummaryUpdt September 6, 2011  +
Incentive/DsireSyncDate 2011-04-30 15:29:00  +
Incentive/EnergyCat Renewable Energy Incentive Programs  +
Incentive/ImplSector State/Territory  +
Incentive/Name Renewable Energy Resources Trust Fund  +
Incentive/Summary Illinois's 1997 electric-industry restruct
Illinois's 1997 electric-industry restructuring legislation created separate public benefits funds that support renewable energy and residential [http://www.dsireusa.org/library/includes/incentive2.cfm?Incentive_Code=IL10R&state=IL&CurrentPageID=1&RE=1&EE=1 energy efficiency]. The Renewable Energy Resources Trust Fund (RERTF) supports renewables through grants, loans and other incentives administered by the Illinois Department of Commerce and Economic Opportunity (DCEO). The funding mechanism was established for 10 years in January 1998. In August 2007, funding was extended through December 12, 2015.* Renewable-energy projects eligible for RERTF 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. [http://www.ilga.gov/legislation/publicacts/97/PDF/097-0072.pdf Public Act 97-0072] also permits DCEO to award grants for smart grid technology, effective July 1, 2011. Click [http://www.illinoisbiz.biz/dceo/Bureaus/Energy_Recycling/Energy/Clean+Energy/ here] to view open renewable energy grant opportunities funded by the RERTF. The RERTF is supported by a surcharge on customers' electric bills and gas bills known as the Renewable Energy Resource and Coal Technology Development Assistance Charge. Participation is required for investor-owned utilities, but voluntary for municipal utilities and electric cooperatives. Half of the money collected by the surcharges supports the RERTF, while the other half supports the Coal Technology Development Assistance Fund. The surcharge varies by customer class as follows: <ul><li>$0.05 per month for residential electric service <li>$0.05 per month for residential gas service <li>$0.50 per month for nonresidential electric service with less than 10 megawatts (MW) of peak demand during the previous calendar year <li>$0.50 per month for nonresidential gas service with less than 4 million therms of gas during the previous calendar year <li>$37.50 per month for nonresidential electric service with at least 10 MW of peak demand during the previous calendar year <li>$37.50 per month for nonresidential gas service taking at least 4 million therms of gas during the previous calendar year</ul> Approximately $100 million in revenue will be collected for the fund through December 2015. The RERTF receives approximately $5 million - $5.5 million per year to fund eligible projects. The 2012 Annual Report is available [http://www.commerce.state.il.us/NR/rdonlyres/448EC7B7-E390-4277-BB5D-F1D04E2829C0/0/2012RERPAnnualReport.pdf. here].
E2829C0/0/2012RERPAnnualReport.pdf. here].  +
Incentive/TechDsc Biomass + , Fuel Cells + , Geothermal Electric + , Hydroelectric energy + , Photovoltaics + , Solar Space Heat + , Solar Thermal Electric + , Solar Thermal Process Heat + , Solar Water Heat + , Wind +
Incentive/TotalFund Approximately $100 million for renewables (1998-2015)  +
Incentive/Type Public Benefits Fund +
Incentive/Types Renewable energy  +
OpenEI/PageDescription Renewable Energy Resources Trust Fund: energy incentive program.  +
OpenEI/PageKeyword Energy Incentives  + , Illinois  + , Public Benefits Fund  +
Place Illinois: Energy Resources +
Categories Incentive with Contacts , Incentive with Authorities , Rules Regulations Policies Incentive Programs
Modification date
"Modification date" is a predefined property that corresponds to the date of the last modification of a subject and is provided by Semantic MediaWiki.
15:49:06, 12 February 2015  +
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