Summer energy assistance available in Illinois
The Illinois Department of Commerce and Economic Opportunity said that summer energy assistance is now available via the Low-Income Home Energy Assistance Program. The program provides utility bill aid to households with incomes of up to 150 percent of the federal poverty level.
Director Warren Ribley says the state wants "to help even more people keep the air on, reduce their utility costs and save energy." Ribley warns hot conditions can be life-threatening and says vulnerable residents and senior citizens should stay cool this summer.
Eligible residents can contact the "Keep Cool Illinois" hotline at 877-411-9276.
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IEA: Electricity investment surpasses oil and gas for the first time
LONDON - Investments in electricity surpassed those in oil and gas for the first time ever in 2016 on a spending splurge on renewable energy and power grids as the fall in crude prices led to deep cuts, the International Energy Agency (IEA) said.
Total energy investment fell for the second straight year by 12 per cent to US$1.7 trillion compared with 2015, the IEA said. Oil and gas investments plunged 26 per cent to US$650 billion, down by over a quarter in 2016, and electricity generation slipped 5 per cent.
"This decline (in energy investment) is attributed to two…
