summary
Introduced
01/28/2025
01/28/2025
In Committee
03/21/2025
03/21/2025
Crossed Over
Passed
Dead
Introduced Session
104th General Assembly
Bill Summary
Amends the Illinois Power Agency Act. Removes the requirement for the Illinois Power Agency to annually determine the amount of utility-scale renewable energy credits it will include each year from the self-direct renewable portfolio standard compliance program. Provides that the self-direct credit amount for each renewable energy credit supplied shall be determined annually and is equal to the volumetric charge collected under a provision in the Public Utilities Act. Provides that the approved self-direct credit amount shall be multiplied by each renewable energy credit procured by participating self-direct customers for up to 100% of the self-direct customer's annual consumption. Provides that the self-direct customer's utility bill credit amount shall consist of a credit towards the utility-scale renewable energy portion of the volumetric charge and shall not include a credit toward the portion of the volumetric charge associated with procuring renewable energy credits through existing and future contracts under the Adjustable Block Program, the Solar for All Program, and a specified provision of the Act.
AI Summary
This bill amends the Illinois Power Agency Act to establish a self-direct renewable portfolio standard compliance program for large energy customers. The program allows eligible customers who consume more than 10,000 kilowatts to procure renewable energy credits directly from new utility-scale wind and solar projects. Under the program, customers must purchase renewable energy credits equivalent to at least 40% of their annual electricity usage through long-term contracts of at least 10 years. In return, these customers will receive a credit on their utility bills equal to the utility-scale renewable energy portion of their volumetric charge. The bill specifies that the self-direct credit amount will be determined annually and calculated based on the volumetric charge collected under the Public Utilities Act. The program takes effect in the delivery year beginning June 1, 2023, and aims to support the development of new renewable energy projects while providing large energy customers more direct control over their renewable energy procurement. The bill also includes provisions for ensuring compliance, such as requiring annual reports and potential penalties for customers who fail to meet the program's requirements.
Committee Categories
Transportation and Infrastructure
Sponsors (1)
Last Action
Rule 19(a) / Re-referred to Rules Committee (on 03/21/2025)
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.ilga.gov/legislation/BillStatus.asp?DocNum=1834&GAID=18&DocTypeID=HB&SessionID=114&GA=104 |
| BillText | https://www.ilga.gov/legislation/104/HB/10400HB1834.htm |
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