Illinois General Assembly - Bill Status for HB5564

Amends the Renewable Energy, Energy Efficiency, and Coal Resources Development Law of 1997. Provides that a public utility shall establish a program that allows customers to have the opportunity to purchase renewable energy at a premium price. Provides that the difference between the premium price and the standard rate that the customer would have paid if not participating in the program shall be paid directly to the renewable energy producer. Provides that a utility shall establish the premium price for customers that wish to purchase renewable energy at that premium price by filing a tariff with the Illinois Commerce Commission pursuant to Article IX of the Public Utilities Act, and shall justify to the satisfaction of the Commission the difference of the price between the premium price and what the customer would if not participating in the program.

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