State Policies Fueling Growth
One of the primary reasons community solar is gaining popularity in Illinois is the robust support provided by state policies. The Future Energy Jobs Act (FEJA), enacted in 2016, laid the groundwork for the rapid expansion of renewable energy in Illinois. The legislation focuses approximately 70% of funds on kickstarting clean energy. For instance, $750 million is invested in programs for low-income communities. The legislation also established a Renewable Portfolio Standard (RPS) that mandates 25% of the state’s energy come from renewable sources by 2025.
In 2021, the state took a significant step further with the passage of the Climate and Equitable Jobs Act (CEJA), which set a target of achieving 100% clean energy by 2050. The bill has been hailed as “the most equitable clean energy jobs bill of its kind in the nation” by the Illinois Clean Jobs Coalition (ICJC). This law not only reinforces the RPS but also prioritizes equity by ensuring that underrepresented communities have access to renewable energy projects. CEJA’s emphasis on environmental justice has fueled interest in community solar, especially in urban areas where residents may not have the space or financial means to install individual solar panels. By lowering the barriers to entry, Illinois’s policy framework has made community solar an accessible and attractive option for a wide array of participants.
Economic Incentives and Cost Savings
Another critical factor driving the popularity of community solar in Illinois is the potential for cost savings. Illinois has implemented specific financial incentives that make investing in community solar even more attractive. The Adjustable Block Program (ABP), also known as Illinois Shines, provides solar developers with Renewable Energy Credits (RECs) that can be sold to utility companies. These RECs help offset the costs of developing community solar projects, enabling developers to pass on the savings to participants. As a result, community solar projects in Illinois can offer competitive pricing, making them an increasingly popular choice for those looking to lower their energy costs while supporting renewable energy.
Environmental Benefits
The environmental benefits of community solar are another major reason behind its growing popularity in Illinois. As the effects of climate change become more apparent, there is a growing public consciousness about the need for sustainable energy solutions. Community solar provides a tangible way for Illinois residents to contribute to reducing greenhouse gas emissions and combating climate change without the need for individual solar panel installations. Solar farms produce clean, renewable energy while creating zero emissions. By participating in community solar projects, Illinois residents can help reduce their dependency on toxic fossil fuels. The Climate and Equitable Jobs Act aims to phase out coal and natural gas by mandating zero emissions for private coal by 2030 and natural gas and municipal coal by 2045.
Public Awareness
Public awareness campaigns and educational efforts have also played a significant role in boosting the popularity of community solar. Organizations, local governments, and advocacy groups have worked tirelessly to inform the public about the benefits of renewable energy and how community solar works. These efforts have helped to demystify the concept of community solar, making it more accessible to those who may have previously been unaware or hesitant to participate. As more people learn about the environmental and economic benefits, the demand for community solar continues to grow.
Illinois Community Solar with US Light Energy
As the demand for community solar in Illinois surges, U.S. Light Energy (USLE) is at the forefront of this renewable energy revolution. USLE is a New York-based distributed generation
energy development company specializing in Illinois’s community solar facilities and renewable energy solutions. From acquisition to interconnection, our experienced team of solar professionals has what it takes to develop a project site for long-term success. If you’re a landowner with ten acres or more of dry, relatively flat land, you may be eligible for leasing land for solar development. Land leases can generate stable, passive income for twenty-five years or more. Subscribers of community solar can enjoy a guaranteed 10% savings on their utility bills without investing in solar equipment or entering into long-term contracts. Contact us today to learn more about how you can be part of the clean, renewable energy movement! U.S. Light Energy is leading the charge for a new generation.