Full Text of HJR0043 096th General Assembly
HJ0043 96TH GENERAL ASSEMBLY
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HJ0043 |
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| HOUSE JOINT RESOLUTION
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| WHEREAS, Electricity prices in the past 3 years have been | 3 |
| volatile, particularly for states that have deregulated their | 4 |
| public utility electric generation; and
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| WHEREAS, Non-residential customers have a wide variety of | 6 |
| non-utility retail electricity suppliers that provide them a | 7 |
| choice of competitive electricity supply; and
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| WHEREAS, Alternative retail sources of electricity have | 9 |
| not developed to any great extent for residential customers | 10 |
| since residential customer choice was enacted in Illinois in | 11 |
| 2002; and
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| WHEREAS, The volatility of electricity prices has placed | 13 |
| financial stress on residential customers, and low-income | 14 |
| residential customers in particular; and
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| WHEREAS, Since 2001, many states have abandoned, modified, | 16 |
| or curtailed their public utility deregulation initiatives; | 17 |
| and
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| WHEREAS, Several states that deregulated their public | 19 |
| utilities prior to 2001, including Illinois, have explored ways | 20 |
| to mitigate the more volatile aspects of deregulation; and
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LRB096 12083 MJR 24140 r |
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| WHEREAS, One of the methods of mitigating price volatility | 2 |
| being considered by some states is to allow and facilitate the | 3 |
| reintegration of electric generation with their public | 4 |
| utilities as a way to provide regulatory price stability to | 5 |
| their residential customers; and
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| WHEREAS, Some public utilities are in the process of | 7 |
| analyzing the possibility of reintegrating some affiliated | 8 |
| electric generation facilities or constructing electric | 9 |
| generation facilities to mitigate price volatility for | 10 |
| residential customers; and
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| WHEREAS, The Illinois Power Agency was created by Public | 12 |
| Act 95-0481 and its duties, in part, require the development of | 13 |
| "electricity procurement plans to ensure adequate, reliable, | 14 |
| affordable, efficient, and environmentally sustainable | 15 |
| electric service at the lowest cost over time, taking into | 16 |
| account any benefits of price stability"; therefore, be it
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| RESOLVED, BY THE HOUSE OF REPRESENTATIVES OF THE | 18 |
| NINETY-SIXTH GENERAL ASSEMBLY OF THE STATE OF ILLINOIS, THE | 19 |
| SENATE CONCURRING HEREIN, that the Illinois Power Agency in its | 20 |
| annual report to the General Assembly as required by Public Act | 21 |
| 95-0481 include a discussion about how the Illinois Power | 22 |
| Agency could work in cooperation with Illinois electric public |
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LRB096 12083 MJR 24140 r |
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| utilities to look into the feasibility of (1) integrating | 2 |
| existing electric generating facilities into an Illinois | 3 |
| electric public utility or (2) the construction of electric | 4 |
| generating facilities by an Illinois electric public utility, | 5 |
| or any combination thereof, in order to provide rate stability | 6 |
| or other benefits to their residential customers; and be it | 7 |
| further
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| RESOLVED, That a suitable copy of this resolution be | 9 |
| delivered to the Director of the Illinois Power Agency.
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