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| | SB1792 Engrossed | | LRB101 09871 AMC 54973 b |
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1 | | AN ACT concerning regulation.
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2 | | Be it enacted by the People of the State of Illinois,
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3 | | represented in the General Assembly:
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4 | | Section 5. The Public Utilities Act is amended by adding |
5 | | Section 16-107.7 as follows: |
6 | | (220 ILCS 5/16-107.7 new) |
7 | | Sec. 16-107.7. Cost-benefit analysis of energy storage |
8 | | systems. |
9 | | (a) Within 90 days after the effective date of this |
10 | | amendatory Act of the 101st General Assembly, the Illinois |
11 | | Commerce Commission must contract with an independent |
12 | | consultant selected through a request for proposal process to |
13 | | produce a report analyzing the potential costs and benefits of |
14 | | energy storage systems. When examining the cost-effectiveness |
15 | | of energy storage systems, the independent consultant must |
16 | | analyze: |
17 | | (1) cost savings to ratepayers from the provision of |
18 | | services, including, but not limited to, energy price |
19 | | arbitrage, ancillary services, resource adequacy, and |
20 | | transmission and distribution asset deferral or |
21 | | substitution; |
22 | | (2) direct-cost savings to customers that deploy |
23 | | energy storage systems; |