News
Money meant for wind, solar power loses steam as customers shift from utility giants
By law, 25 percent of Illinois' electricity must come from wind, solar and other renewable resources by 2025.
But as more municipalities elect to buy power from suppliers other than Commonwealth Edison Co. and Ameren Illinois, developers of renewable energy are losing confidence that their projects will be funded long term. Some have already given up on Illinois.
May 31, 2012
by Julie Wernau
in Chicago Tribune
ComEd, Ameren supply most of budget for Illinois Power Agency, but as customers switch to other electricity suppliers, support for renewable energy dries up
By law, 25 percent of Illinois' electricity must come from wind, solar and other renewable resources by 2025.
By law, 25 percent of Illinois' electricity must come from wind, solar and other renewable resources by 2025.
But as more municipalities elect to buy power from suppliers other than Commonwealth Edison Co. and Ameren Illinois, developers of renewable energy are losing confidence that their projects will be funded long term. Some have already given up on Illinois.
That's because the customer base that was expected to help pay for renewable energy development through electric bills... [continue via Web link]
| < prev | next > |
Note: this article may be subject to the Fair Use Notice.