GEO Supports Illinois Bill
“Through the work of our statehouse lobbyist and my relationships with many senators from my prior employment, GEO has built bipartisan support for the bill,” said GEO president and CEO Doug Dougherty. “We will have a good number of cosponsors from both sides of the aisle.”
If approved, S 2365 will provide a clear path for Illinois electric utilities to promote geothermal heat pumps (GHPs) and gain credits for efficiency and renewable energy.
“The existing laws were actually creating a barrier to GHP deployment, and we were encouraged by the Illinois Power Agency and the Illinois Commerce Commission to amend the statutes to clearly state that GHPs are both efficient and a renewable source of energy. S 2365 does that,” said Dougherty.
An identical bill will be introduced in the House of Representatives, and GEO is building support for the legislation in that chamber.
Publication date: 3/11/2013