Policy Watch: What Illinois' Clean Energy Legislation Means for Developers

Illinois has emerged as a national leader in clean energy policy, setting ambitious goals and backing them up with concrete programs that directly impact developers. For all developers operating in the business of renewable energy, an understanding of Illinois' evolving policy landscape is key to unlocking opportunity.

The Climate and Equitable Jobs Act (CEJA) is the star of the show, mandating 100% clean energy by 2050. Not only does this law demand renewable projects, but it also mandates equitable access to investment and jobs in every community.

Developers have several incentive programs to choose from, including the Illinois Distributed Generation Rebate and the Coal-to-Solar Energy Storage Grant Program. Together, they reduce financial barriers and stimulate behind-the-meter and utility-scale projects.

Going ahead, new mechanisms such as the Indexed Storage Credit (ISC) are being developed to provide forecastable revenue streams for large-scale storage so that developers can be assured of the long-term bankability of projects.

For developers, Illinois is more than just a market—it's a policy landscape designed for development. Telkes, as both a land marketplace and consultancy, can help guide you through incentive programs, secure best project sites, and get you connected with property owners ready to be part of the clean energy transition.