Search Federal and State Laws and Incentives
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Search Results | 2 laws and incentives
| Jurisdiction |
Title |
Type |
Body (TODO:hide) |
| Illinois |
Smart Grid Infrastructure Development and Support |
State Incentives |
X
Type: State Incentives |
Jurisdiction: Illinois
The Illinois Science and Energy Innovation Trust (Trust) will provide financial and technical support to public and private entities within the state for programs and projects that support, encourage, or utilize innovative technologies and methods to modernize the state's electric grid. Technologies may include advanced electricity storage and peak-shaving technologies, such as plug-in electric vehicles (PEVs) or devices that allow PEVs to engage in smart grid functions. The Trust also offers assistance for standards development for communication and interoperability of appliances and equipment connected to the electric grid. Electric utilities may voluntarily commit to investments in smart grid advanced metering infrastructure deployment. Participating utilities must consult with the Smart Grid Advisory Council and file a Smart Grid Advanced Metering Infrastructure Deployment Plan with the Illinois Commerce Commission. (Reference 220 Illinois Compiled Statutes 5/16-108.5 through 108.7)
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| Illinois |
Plug-In Electric Vehicle (PEV) Financing and Charging - Illinois Electric Cooperative |
Utility/Private Incentives |
X
Type: Utility/Private Incentives |
Jurisdiction: Illinois
Illinois Electric Cooperative (Co-op) members are eligible for loan financing at 0.5% for 60 months for the purchase of new PEVs. Members must apply and be approved for financing before purchase. The Co-op also offers a PEV time-of-use electricity rate for residential customers who own a PEV. The PEV rate is optional and requires installation of a separate meter. For more information, see the Illinois Electric Cooperative website.
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