Illinois Statutes Chapter 805. Business Organizations § 155/20-5. Purpose

(1) ensure that the benefits of the clean energy economy are equitably distributed;

(2) make clean energy accessible to all through the provision of innovative financing opportunities and grants for Minority Business Enterprises (MBE) and other contractors of color, and for low-income, environmental justice, and BIPOC communities and the businesses that serve these communities;

(3) prioritize the provision of public and private capital for clean energy investment to MBEs and other contractors of color, and to businesses serving low-income, environmental justice, and BIPOC communities;

(4) accelerate the flow of private capital into clean energy markets;

(5) assist low-income, environmental justice, and BIPOC community utility customers in paying for solar and energy efficiency upgrades through energy cost savings;

(6) increase access to no-cost and low-cost loans for MBE and other contractors of color;

(7) develop financing products designed to compensate for historical and structural barriers preventing low-income, environmental justice, and BIPOC communities from accessing traditional financing;

(8) leverage private investment in clean energy projects and in projects developed by MBEs and other contractors of color; and

(9) pursue financial self-sustainability through innovative financing products.