Synopsis As Introduced Amends the Public Utilities Act. Makes a grammatical correction in provisions relating to the procurement of power and energy, zero emission credits, and renewable energy resources by electric utilities. Effective immediately.
Replaces everything after the enacting clause. 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 to meet the capacity requirements of all retail customers of electric utilities that serve at least 3,000,000 retail customers in this State. Provides for the goal that no later than the delivery year commencing June 1, 2032, the Agency's procurement plans and processes shall include bundled clean capacity in an amount equal to 100% of the electric load measured in megawatt-hours for all retail customers of electric utilities that serve more than 3,000,000 customers in this State. Requires the Planning and Procurement Bureau to develop plans and processes and conduct competitive procurement events to procure capacity for all retail customers of electric utilities that serve at least 3,000,000 retail customers in this State that are located in the Applicable Fixed Resource Requirement Service Area of PJM Interconnection, LLC. Amends the Public Utilities Act. Establishes requirements for procurement of contracts for capacity by the Illinois Power Agency for electric utilities serving at least 3,000,000 retail customers in this State located in the Applicable Fixed Resource Requirement Service Area of PJM Interconnection, LLC. Provides additional findings that the Illinois Commerce Commission must make in granting an application for a certificate of service authority for alternative retail electric suppliers and alternative gas suppliers. Provides additional requirements for an alternative retail electric supplier or alternative gas supplier to comply with when marketing, offering, and providing products or services to residential and small commercial retail customers. Makes changes concerning rates that may be charged by an alternative retail electric supplier, alternative gas supplier, or electric utility or gas utility other than the utility in whose service area a retail customer is located to a customer at the beginning of a contract term or for any renewal term. Provides that the Commission may require an alternative retail electric supplier or alternative gas supplier to enter into a compliance plan if the Commission concludes that an alternative retail electric supplier is violating the Act or the Commission's rules. Provides that any person or entity licensed to engage in the procurement or sale of retail electricity supply for third parties must disclose to each customer the amount of the compensation being charged by the agent, broker, or consultant. Contains provisions concerning alternative retail electric supplier and alternative gas supplier utility assistance recipients; variable gas rate contracts; and expanded use of energy savings programs. Defines terms. Makes other changes. Effective immediately.