The Green of Grid Modernization
Thursday, Oct 20, 2011 - Posted by Advertising Department
[The following is a paid advertisement.]
Much of the focus of electric grid modernization has been on jobs and consumer benefits. But did you know that Senate Bill 1652 is also a roadmap for a greener future for Illinois?
Here’s how.
SB 1652…
1. Increases energy efficiency resources available to consumers.
Today, energy efficiency programs save residential customers $95 million annually. SB 1652 will increase those programs by at least another 10 percent.
2. Creates incentives for small-scale generation.
Today, owners of small-scale solar generating systems are unable to bid their power back into the electric grid. SB 1652 changes this by carving out 1% of the existing 6% state solar requirement for small scale generation. This improves the economics for rooftop or other types of consumer-driven solar generation.
3. Provides the platform necessary for the coming electric vehicle revolution.
Widespread use of electric vehicles simply can’t happen without a modern electric infrastructure.
4. Creates a Science and Energy Innovation Trust.
SB 1652 requires the utilities to contribute $20 million for the creation of Science and Energy Innovation Trust, which supports green energy efficiency-based technology startup companies.
For more information on all the benefits of grid modernization through SB 1652, visit www.SmartEnergyIL.com.
