ComEd and Summit Ridge Power introduced the completion of three neighborhood photo voltaic initiatives in Dekalb County, Illinois. This will increase the variety of neighborhood photo voltaic initiatives in ComEd’s northern Illinois area to 103, of which practically 40% have been developed by Summit Ridge. The initiatives will allow ComEd clients to save cash on their electrical payments whereas supporting the enlargement of renewable power and Illinois’ bold clear power targets.
“ComEd and Summit Ridge are proud to play a number one position within the development of neighborhood photo voltaic in Illinois,” mentioned Scott Vogt, VP of technique and power coverage at ComEd. “We’re happy to companion with builders who’re dedicated to rising buyer entry to scrub power and we applaud Summit Ridge for its management within the rising neighborhood photo voltaic sector in Illinois.”
The three new Summit Ridge initiatives — two in Sandwich, Illinois, and one in Lee, Illinois — embody greater than 15,000 complete photo voltaic panels and occupy 46 acres in DeKalb County. Mixed, the initiatives will generate roughly 8.7 MW of fresh power, sufficient to serve the power wants of between 1,000 and 1,200 common properties. Every undertaking options pollinator-friendly floor cowl to increase the constructive affect on the native atmosphere.
“The ComEd area is rapidly turning into one of many nation’s quickest rising markets for neighborhood photo voltaic, and we’re happy to be contributing to that development,” mentioned Mark Raeder, principal of Summit Ridge Power. “Summit Ridge is on monitor to finish practically 40 neighborhood photo voltaic initiatives in ComEd’s service territory by the tip of this 12 months, serving to to convey dependable clear power and value financial savings to their clients.”
Enacted in 2021, Illinois’ Local weather and Equitable Jobs Act (CEJA) will increase help for renewable power to achieve 40% by 2030 and 50% by 2040 within the state. It creates practically 9,800 MW of recent photo voltaic capability and will increase funding for the Illinois Photo voltaic for All program – which supplies lower-income clients entry to solar energy — from $30 million to $70 million yearly.
The multi-year grid and charge plans ComEd filed with the Illinois Commerce Fee (ICC) earlier this 12 months help this fast enlargement of renewable power and assist guarantee equitable entry to the advantages of fresh power underneath CEJA. The plans align with ComEd 2030, the corporate’s lately introduced imaginative and prescient for a carbon-free power future that may profit all communities and meet clients’ altering wants for the remainder of this decade and past.
Neighborhood photo voltaic permits all ComEd clients to take part in the advantages of fresh photo voltaic power with out putting in photo voltaic panels of their very own. Members subscribe to a photo voltaic power “farm” of photo voltaic panels owned by an impartial developer and earn credit on their month-to-month ComEd payments for his or her portion of the power produced by the undertaking. In Illinois, neighborhood photo voltaic clients can subscribe for as much as 200% of their final 12 months of electrical energy utilization. Power generated by the neighborhood photo voltaic undertaking flows to ComEd’s grid and turns into a part of the general power provide.
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