EnSync, a developer f innovative distributed energy resources, has formed a partnership with licensed agent, broker and consultant Lower Electric to offer solar energy-based electricity solutions to its nearly 4,000 clients in Illinois.
The Illinois clean energy market is poised for rapid growth due to the state’s Long-Term Renewable Resource Procurement Plan, which mandates that investor-owned electric utilities source at least 25 percent of their electricity sales from solar and wind sources by 2025. The plan sets a minimum target of 666 megawatts of capacity from community solar and commercial and industrial solar generation systems that are less than 2 megawatts in size by year 2020. To facilitate the adoption of solar, the state is administering the sale of renewable energy credits to solar operators, which help lower the cost of installation and operation. These policy developments are expected to foster the growth of a robust solar electricity market. The plan is currently under consideration by the Illinois Commerce Commission and is expected to go into effect on April 3, 2018.
Illinois’ renewable generation legislation reflects a national trend in governmental incentives to shift to clean energy. With over half of U.S. states having deregulated their electricity markets, EnSync Energy plans for additional partnerships with electricity companies in the future.
“Our partnership with Lower Electric serves as a template for entering new markets,”said Brad Hansen, chief executive officer of EnSync Energy. “By pairing our holistic DER and distributed generation solutions with established third parties in prime renewable energy markets, we can quickly launch clean, affordable energy offerings and capture market share.”
