Section 40101(d) Grid Resilience

Under Section 40101(d) of the Bipartisan Infrastructure Law, the U.S. Department of Energy is providing funds to States to create new grants programs focused on improving the resilience of their electric grids. The Illinois Finance Authority, in its new role as the Illinois Climate Bank, will be responsible for distributing these grants in Illinois with a focus on targeting innovative approaches and funding gaps to improve reliability and resilience, particularly in disadvantaged communities that are least able to respond to power outages. The State will be receiving $8 million/year for the next five years to invest in projects. Funds can be used for a variety of investments, including for microgrids, weatherization, and automation. 

Request for Proposals

The Illinois Finance Authority/Climate Bank will be posting a request for proposals for Grid Resilience Grants in March 2024. Check this page for updates.

Request for Information

The Illinois Finance Authority/Climate Bank posted a Request for Information (RFI) February 1, 2024. The RFI closed on February 16, 2024. The Authority is in the process of summarizing responses and developing its request for proposals, to be released in early May.

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