IL SB3637 | 2023-2024 | 103rd General Assembly

Status

Spectrum: Partisan Bill (Democrat 6-0)
Status: Introduced on February 9 2024 - 25% progression
Action: 2024-05-22 - Added as Co-Sponsor Sen. Laura Fine
Pending: Senate Assignments Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Creates the Municipal and Cooperative Electric Utility Planning and Transparency Act. Provides that, by November 1, 2024, and by November 1 every 3 years thereafter, all electric cooperatives with members in the State, municipal power agencies, and municipalities shall file with the Illinois Power Agency an integrated resource plan. Sets forth provisions concerning the plan. Amends the Illinois Power Agency Act. Authorizes the Illinois Power Agency to develop capacity procurement plans and conduct competitive procurement processes for the procurement of capacity needed to ensure environmentally sustainable long-term resource adequacy across the State at the lowest cost over time. Amends the Public Utilities Act. Changes the cumulative persisting annual savings goals for electric utilities that serve less than 3,000,000 retail customers but more than 500,000 retail customers for the years of 2024 through 2030. Provides that the cumulative persisting annual savings goals beyond the year 2030 shall increase by 0.9 (rather than 0.6) percentage points per year. Changes the requirements for submitting proposed plans and funding levels to meet savings goals for an electric utility serving more than 500,000 retail customers (rather than serving less than 3,000,000 retail customers but more than 500,000 retail customers). Provides that an electric utility that has a tariff approved within one year of the amendatory Act shall also offer at least one market-based, time-of-use rate for eligible retail customers that choose to take power and energy supply service from the utility. Sets forth provisions regarding the Illinois Commerce Commission's powers and duties related to residential time-of-use pricing. Provides that each capacity procurement event may include the procurement of capacity through a mix of contracts with different terms and different initial delivery dates. Sets forth the requirements of prepared capacity procurement plans. Requires each alternative retail electric supplier to make payment to an applicable electric utility for capacity, receive transfers of capacity credits, report capacity credits procured on its behalf to the applicable regional transmission organization, and submit the capacity credits to the applicable regional transmission organization under that regional transmission organization's rules and procedures. Makes other changes.

Tracking Information

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Title

UTIL-TIME-OF-USE PRICING

Sponsors


History

DateChamberAction
2024-05-22SenateAdded as Co-Sponsor Sen. Laura Fine
2024-05-16SenateAdded as Co-Sponsor Sen. Napoleon Harris, III
2024-05-10SenateAdded as Co-Sponsor Sen. Mike Porfirio
2024-05-10SenateAdded as Co-Sponsor Sen. Julie A. Morrison
2024-03-18SenateAdded as Co-Sponsor Sen. Laura M. Murphy
2024-03-15SenateRule 3-9(a) / Re-referred to Assignments
2024-02-20SenateAssigned to Energy and Public Utilities
2024-02-09SenateReferred to Assignments
2024-02-09SenateFirst Reading
2024-02-09SenateFiled with Secretary by Sen. Bill Cunningham

Code Citations

ChapterArticleSectionCitation TypeStatute Text
2038551-20Amended CodeCitation Text
2038551-5Amended CodeCitation Text
220516-107.5Amended CodeCitation Text
220516-107.8New CodeSee Bill Text
220516-111.5Amended CodeCitation Text
220516-115AAmended CodeCitation Text
220516-115DAmended CodeCitation Text
220517-500Amended CodeCitation Text
22053-105Amended CodeCitation Text
22058-103BAmended CodeCitation Text
51202Amended CodeCitation Text
65511-119.1-10Amended CodeCitation Text
65511-119.1-4Amended CodeCitation Text
65511-119.1-5.5New CodeSee Bill Text
735305-5-5Amended CodeCitation Text

Illinois State Sources


Bill Comments

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