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Proposed wind energy developments will bring billions in economic investment to Illinois
Tuesday, May 3, 2011 - Posted by Advertising Department [The following is a paid advertisement.] New Report Entitled “Investing in Illinois” Shines Light on Significant Economic Benefits of “Shovel-Ready” Wind Farms SPRINGFIELD, ILLINOIS –As many as 20,000 jobs would be created with the development of the 3,200 MW of utility-scale wind generation currently permitted in Illinois, according to a report from three leading wind energy organizations. The report—entitled “Investing in Illinois” and released by the Illinois Wind Energy Association (IWEA), American Wind Energy Association (AWEA), and Wind on the Wires (WOW) — is being released at a crucial time, as state lawmakers consider legislation to overhaul the state’s electric market. The study highlights why any major energy bill passed this year must include provisions that accelerate development in Illinois of clean, affordable, homegrown renewable energy. Using the U.S. Department of Energy’s Job and Economic Development Impact model, the report finds that if all 3,200 MW of the current permitted wind projects were developed in Illinois, the state would likely:
· generate more than $930 million in construction wages and $34 million in annual operations and maintenance wages; · produce over $32 million in annual local taxes, approximately 70 percent of which would go directly to local school districts; · generate over $9 million in annual lease payments to Illinois farmers; and · spur millions of dollars in orders for local supply chaincompanies working in tower and gear manufacturing, transportation, engineering and materials services. The full text of the report is available at: www.WindforIllinois.org/news
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HB 14 Gives Customers Tools to Save Money
Tuesday, May 3, 2011 - Posted by Advertising Department [The following is a paid advertisement.] Grid Modernization will give customers new tools and options that can make a real difference in their monthly energy bills. This is not guesswork or hyperbole. ComEd has been running field tests on customer benefits where real-time pricing and smart meters are available. Here’s what we found:
• The savings extend across all demographic groups. Nine in 10 program participants aged 65 and over saved an average of nine percent off their electric bill. • 70 percent of the 6,000 customers enrolled in dynamic pricing as part of the smart meter pilot have saved money. • The lowest income group has the highest percentage of customers saving money. In the group earning less than $20,000, 78% of customers saved money under the pilot program, compared to 69% of customers in the highest income group. It’s just another reason why grid modernization is an important part of Illinois’ future. To learn more, visit www.SmartEnergyIL.com
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American Wind Power Launches Ad Campaign to Protect and Promote Illinois Wind Industry
Monday, May 2, 2011 - Posted by Advertising Department [The following is a paid advertisement.] Watch our new Illinois TV ad running in Chicago and Springfield markets… Illinois can more than double its renewable energy capacity by developing its permitted “ready for construction” wind projects, but the narrow scope of the state’s Renewable Portfolio Standard (RPS) makes it extremely difficult to build new wind farms. In the absence of any 2011 RPS revisions, Illinois is poised to lose these projects along with thousands of jobs. In order for the state to be competitive and reap wind energy’s full benefits, the Illinois legislature must include renewable provisions in the state’s 2011 energy bill. These provisions are two-fold:
2. Create a stable financial structure that guarantees long-term contracts for wind power
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