Energy efficiency for businesses in Illinois

by Illinois Electric Choice on November 8, 2011

Formulation of policies is one thing and their implementation is another thing.  However, Illinois has been able to walk the talk. It has emerged that Illinois is one of the leading performers in US states pertaining energy efficient policies. This is according to a report released by the American Council for an Energy Efficiency Economy (ACEEE). The policies concerning Illinois energy have immensely bared results. The states commitment to efficient energy has seen the initiation to prosperity of the energy efficiency business sector.

Among the business beneficiaries of the commitment include: weatherization specialists, manufactures of efficient windows, energy auditors, retailers of efficient appliances together with energy efficient building contractors who specialize in retrofit and construction. Identification of the businesses is made possible by name and location. Moreover, business case studies have been made and documented with Environment Illinois’ recent report ‘Saving Energy, Growing Jobs’.

Not only the Illinois energy policies benefited the corporate, consumers also have a reason to reckon with due to the reduced energy costs. For every $1 spent on energy efficiency, another $2 to $3 in energy costs is avoided.  Through the hunger for efficient Illinois energy, the American Recovery and Reinvestment Act of 2009 (ARRA) has seen inflows of an average of more than $500 million in investment into Illinois. The capital inflow is mostly directed into energy efficiency and optimization programs, which include modest amounts for research and development.  The boost in investments has played a key role in catapulting the advancement of the Illinois economy through the development and deployment of energy saving strategies for energy consumers.

Illinois Business energy users are the most benefiting sector regarding energy efficiency in Illinois. Going by the Utility programs, discounts are offered on compact fluorescent light bulbs (CFLs), and incentives for turning in old refrigerators and air conditioners. Capital accumulation is also fostered in form savings opportunities for Illinois families and businesses.

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