News

IMEA Awarded Consecutive Top-Tier Rating from Fitch Ratings

Date Posted: 2025-04-30

On April 30, Fitch Ratings, a national credit rating agency, notified the Illinois Municipal Electric Agency (IMEA) that their long-term debt was affirmed as a “AA- rating with a Stable Outlook.”

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27 IMEA Member Municipalities Contract to Continue with the Agency

Date Posted: 2025-04-24

With the approval vote at this meeting, the addition of Carmi, Ladd, and Peru brings the total to 27 members who have chosen to continue with IMEA.

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IMEA Incentivizes 293 EV Charging Stations in Residences Throughout Naperville

Date Posted: 2025-02-07

City Taps Into $144,900 of IMEA Program’s Funds

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Peru Receives Funding for Ball Field Lights at Sunset Park

Date Posted: 2024-12-11

The City of Peru was awarded $99,800 through the Illinois Municipal Electric Agency’s (IMEA) Electric Efficiency Program for installing money-saving, more efficient light at a ball field at Sunset Park

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Highland Receives Funds for Two EV Charging Stations

Date Posted: 2024-12-11

The city of Highland, Illinois, has generated a $24,317 incentive from the Illinois Municipal Electric Agency (IMEA) for the purchase and installation of two electric vehicle charging stations.

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IMEA Adds 150MW Utility-Scale Solar Generating Facility; Generation Will Power Nearly 44,000 homes

Date Posted: 2024-11-22

Residents of 32 municipalities will soon receive greener power thanks to a new supply arrangement negotiated by the municipalities' wholesale electric provider, the Illinois Municipal Electric Agency (IMEA). The agency has executed a 20-year agreement with solar developer National Grid Renewables to purchase all the electric output and related attributes of the Bee Hollow solar generation facility.

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