The Illinois Power Agency also administers the Renewable Energy Resources Fund which is comprised of Alternative Compliance Payments made by Alternative Retail Electric Suppliers as part of their Renewable Portfolio Standard obligations. (Effective June 1, 2017, those payments are no longer made to the Renewable Energy Resources Fund.)
The fund is currently being used to support the $30 million Supplemental Photovoltaic Procurement Plan authorized by the Illinois General Assembly in Public Act 98-0672. View the Plan and procurement results. The Plan included three rounds of procurements in 2015/2016 that have now concluded.
As part of the Long-term Renewable Resources Procurement Plan, the Renewable Energy Resources Fund will also be used to support the Illinois Solar for All Program which will provide additional incentives for low-income households and communities. See the draft Long-Term Renewable Resources Procurement Plan for more information.