summary
Introduced
02/05/2025
02/05/2025
In Committee
03/21/2025
03/21/2025
Crossed Over
Passed
Dead
Introduced Session
Potential new amendment
104th General Assembly
Bill Summary
Amends the Public Utilities Act. Provides that the Illinois Commerce Commission shall not authorize any charges based upon changes in the cost of fuel. Removes provisions concerning the Commission's ability to authorize the increase or decrease of a public utility's rates and charges based upon changes in the cost of fuel used in the generation or production of electric power, changes in the cost of purchased power, or changes in the cost of purchased gas through the application of fuel adjustment clauses or purchased gas adjustment clauses and based upon expenditures or revenues resulting from the purchase or sale of emission allowances through such fuel adjustment clauses as a cost of fuel. Removes provisions concerning a public utility's ability to, at any time during the mandatory transition period, file with the Commission proposed tariff sheets that establish the rate of the provided utility to be applied pursuant to the public utility's fuel adjustment clause at the average value for such rate during the preceding 24 months, provided that such average rate results in a credit to customers' bills, without making any revisions to the public utility's base rate tariffs.
AI Summary
This bill prohibits the Illinois Commerce Commission from authorizing any charges based on changes in fuel costs for public utilities. Specifically, the bill removes existing provisions that allowed the Commission to adjust utility rates based on fluctuations in fuel costs for electric power generation, purchased power, or purchased gas. Previously, utilities could use "fuel adjustment clauses" to pass changes in fuel costs directly to customers, but this bill eliminates that mechanism. The legislation effectively prevents utilities from automatically adjusting their rates to reflect fuel price changes, which could provide more rate stability for consumers but potentially reduce utilities' flexibility in managing fuel cost variations. By marking several subsections as "(Blank)," the bill comprehensively removes the previous framework for fuel cost adjustments, representing a significant change in how utility rates are determined in Illinois. The bill appears to be part of a broader effort to control utility pricing and protect consumers from potentially volatile fuel cost increases.
Committee Categories
Agriculture and Natural Resources, Transportation and Infrastructure
Sponsors (1)
Last Action
House Committee Amendment No. 1 Rule 19(c) / 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=2862&GAID=18&DocTypeID=HB&SessionID=114&GA=104 |
| House Amendment 001 | https://www.ilga.gov/legislation/104/HB/10400HB2862ham001.htm |
| BillText | https://www.ilga.gov/legislation/104/HB/10400HB2862.htm |
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