Illinois Plants Slash Costs Renew Business Electricity Now
Renewable Energy: A Growing Trend
Illinois has been at the forefront of promoting renewable energy, with state incentives and federal tax credits making it increasingly feasible for businesses to invest in solar and wind energy. By transitioning to renewable energy sources, businesses can lock in lower electricity rates and hedge against future price volatility. The state's Renewable Portfolio Standard (RPS) requires utilities to source a portion of their electricity from renewable sources, further driving investment in clean energy3.