Bill > HB2948

This bill introduces the Transparent, Inclusive, and Competitively Neutral Energy Policy Act, which aims to establish a comprehensive framework for clean energy procurement in Illinois. The legislation emphasizes creating a fair and open process for energy development that provides equal opportunities for all developers across different segments of the energy sector. The bill highlights Illinois' commitment to becoming a national leader in clean energy policy, building upon the previously enacted Climate and Equitable Jobs Act. Key findings include the need to expand clean energy generation capacity, attract new investments, and ensure competitive procurement processes that deliver the most cost-effective solutions for consumers. The bill recognizes the importance of both attracting new developers and supporting existing ones who have already invested in Illinois' communities and infrastructure. By promoting transparency, inclusivity, and competitive neutrality, the legislation seeks to reduce energy costs, combat climate change, and create a level playing field that encourages innovation and investment in clean energy resources while minimizing risks to taxpayers and consumers.

https://www.ilga.gov/legislation/BillStatus.asp?DocNum=2948&GAID=18&DocTypeID=HB&SessionID=114&GA=104