If your combined electricity and natural gas bill is at least $500,000 annually AND your company is located outside of the ComEd and Ameren service territories, you may be able to take advantage of funds from the federal stimulus package to reduce your energy costs.  .

The Large Customer Energy Efficiency Program, a partnership of the Illinois Department of Commerce & Economic Opportunity (DCEO) and University of Illinois-Chicago, allows large industrial energy users to receive a grant of up to 30% of eligible project costs designed to improve natural gas efficiency.  The grant aims to create or retain jobs, save energy, increase energy generation from renewable sources and reduce greenhouse gases Grant awards will range from $250,000 to $2 million. Applications are due by September 30, 2009 and all projects must be completed by February 17, 2012.

Click here for all the details and application.