Illinois HB3399 establishes a Geothermal Homes and Business Program to promote geothermal heating and cooling systems.
HB3399 creates the Geothermal Homes and Business Act, which mandates the Illinois Power Agency to include a Geothermal Homes and Business Program in its long-term renewable resources procurement plan starting January 1, 2026. The Program aims to procure geothermal renewable energy credits, ensuring steady and predictable renewable energy credit procurement. It includes provisions for contract terms, advanced capital, and contract length, with a focus on minimizing administrative expenses.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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