In June 2014, the Illinois Department of Commerce and Economic Opportunity (DCEO) established their “Public Sector Combined Heat and Power (CHP) Pilot Program” that provides cash incentives, up to $2 million, for individual CHP projects in Illinois public sector facilities.
Register Today for an informational webinar on July 17th @ 2:00PM CST to learn about the “Public Sector CHP Pilot Program.” Cliff Haefke, Principal Research Engineer at the Energy Resources Center of the University of Illinois at Chicago, will host the webinar and walk participants through the incentive program requirements.
Highlights of the DCEO “Public Sector CHP Pilot Program” include:
- Maximum Incentive: Cash incentives capped at $2M or 50% of project cost for a single CHP system (whichever is less)
- Incentive Structure: Performance based incentives structured to provide financial assistance during various stages of a project (including after the design phase, commissioning, and after 12 months of measured operational performance)
- Eligible Facilities: Available for CHP projects that increase energy efficiency of local governments, municipal corporations, public school districts, community college districts, public universities, and state/federal facilities
- Efficiency Requirements: 60% minimum annual energy efficiency required (with at least 20% of the system’s waste heat energy output in the form of useful thermal energy)…
Source: Illinois Department of Commerce and Economic Opportunity