| Implementing Sector: | Utility |
| Category: | Financial Incentive |
| State: | Illinois |
| Incentive Type: | Rebate Program |
| Web Site: | https://www.imea.org/Electric%20Efficiency%20Program.html |
| Administrator: | Illinois Municipal Electric Agency |
| Funding Source: | IMEA (funds available to each IMEA member are based on their proportional electric purchases from IMEA) |
| Utilities: | Altamont City of, Village of Bethany, City of Breese, City of Bushnell, Cairo Public Utility Company, Carlyle City of, Carmi City of, City of Casey, Village of Chatham, City of Fairfield, Farmers Mutual Electric Co, City of Flora, Village of Greenup, City of Highland, City of Marshall, City of Metropolis, Naperville City of, Oglesby City of, City of Peru, City of Princeton, Village of Rantoul, Red Bud City of, City of Rock Falls, Roodhouse City of, Rural Electric Conven Coop, City of St Charles, City of Sullivan, Waterloo City of, Winnetka Village of, Village of Ladd |
| Eligible Renewable/Other Technologies: | Daylighting, Geothermal Direct-Use |
| Eligible Efficiency Technologies: | Refrigerators/Freezers, Equipment Insulation, Lighting, Lighting Controls/Sensors, Chillers, Heat pumps, Air conditioners, Compressed air, Energy Mgmt. Systems/Building Controls, Building Insulation, Motors, Motor VFDs, Comprehensive Measures/Whole Building, Custom/Others pending approval, Other EE, Vending Machine Controls |
| Applicable Sectors: | Commercial, Industrial, Local Government, Nonprofit, Schools, Federal Government, Agricultural, Institutional |
| Incentive Amount: |
|
| Maximum Incentive: | General: 75% of project cost |
| Eligible System Size: | Varies by technology |
| Equipment Requirements: | Varies by technology and system capacity |
| Installation Requirements: | Varies by technology |
The Illinois Municipal Electric Agency (IMEA) offers incentives through the Electric Efficiency program. These incentives are available to the membership (and members’ retail customers) of IMEA. The program year starts May 1st and ends April 15th Funds are allocated to IMEA members based on a prorated share of their electric purchases from the IMEA. Commercial/industrial and public-sector facilities served by members can apply for funds using the appropriate FY2023-24 application forms found on the website.
Eligible projects must be located in Illinois and receive electric service from the IMEA or an IMEA Member. Projects must produce electricity savings through efficiency improvements in commercial, industrial or public-sector buildings, equipment, or processes. Ineligible projects include repairs of existing equipment, fuel switching, new electric generation or those projects solely related to demand response or demand control. Project paybacks must occur before the projected end of the equipment life.
