summary
Introduced
02/05/2026
02/05/2026
In Committee
02/05/2026
02/05/2026
Crossed Over
Passed
Dead
Introduced Session
104th General Assembly
Bill Summary
Amends the Illinois Power Agency Act. In provisions concerning the Planning and Procurement Bureau, provides that the total of renewable energy resources procured shall be reduced for all retail customers based on the amount necessary to limit the annual estimated average net increase due to the costs of these resources included in the amounts paid by eligible retail customers in connection with electric service to no more than 4.25% of the amount paid per kilowatthour by those customers during the year ending May 31, 2009 (removes provisions concerning an inflation adjustment). In provisions concerning the Energy Transition Assistance Fund, provides that the energy transition assistance charge shall not exceed 1.3% (instead of 1.45%) of the amount paid per kilowatthour by eligible retail customers during the year ending May 31, 2009. Removes provisions concerning an adjustment in the energy transition assistance charge for inflation. Effective immediately.
AI Summary
This bill amends the Illinois Power Agency Act to cap the annual estimated average net increase in costs for renewable energy resources for retail customers at 4.25% of the amount they paid per kilowatt-hour in the year ending May 31, 2009, removing an inflation adjustment provision. It also reduces the maximum energy transition assistance charge from 1.45% to 1.3% of the amount paid per kilowatt-hour by eligible retail customers during the year ending May 31, 2009, and removes an inflation adjustment for this charge as well. The bill takes effect immediately.
Sponsors (1)
Last Action
Referred to Assignments (on 02/05/2026)
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