ComEd has announced that commercial and industrial customers can begin submitting applications for rebates of $250 per kilowatt of installed solar energy.
This follows the utility securing an approval from the Illinois Commerce Commission to provide its customers with funds to install onsite clean energy systems. The aim is to reduce up-front installation costs and spur renewable energy development.
The rebate is available to ComEd business customers who adopted solar after June 1, 2017 and will be based on the capacity of a company's solar project.
For instance, a 1,000KW project will be eligible for a rebate of $250,000.
The rebate is also available to community supply project owners, operators or customers receiving community supply service.
"Our new rebate programme is a strong demonstration of the commitment we're making to increase access to renewable energy and create new value and more choices for our customers," said Veronica Gomez, senior vice president of regulatory and energy policy, ComEd. "This is an important milestone for ComEd and for customers seeking clean energy alternatives, and it will further reinforce Illinois' growing reputation for energy innovation."
Eligible customers can learn more about the new ComEd rebate programme requirements and apply for a rebate at www.comed.com/DGrebate.