HB5564 95TH GENERAL ASSEMBLY

LRB095 17783 MJR 43862 b

95TH GENERAL ASSEMBLY
State of Illinois
2007 and 2008
HB5564

Introduced , by Rep. Jim Sacia

SYNOPSIS AS INTRODUCED:

20 ILCS 687/6-10 new

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.

A BILL FOR

AN ACT concerning regulation.

Be it enacted by the People of the State of Illinois, represented in the General Assembly:

Section 5. The Renewable Energy, Energy Efficiency, and Coal Resources Development Law of 1997 is amended by adding Section 6-10 as follows:

(20 ILCS 687/6-10 new)

Sec. 6-10. Premium pricing for purchasing renewable energy by a customer.

(a) A public utility shall establish a program that allows customers to have the opportunity to purchase renewable energy at a premium price. 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.

(b) 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 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.

(c) For purposes of this Section:

"Public utility" has the same meaning given to that term in Section 3-105 of the Public Utilities Act.

"Premium price" means the price authorized by the Commission and calculated as the standard rate the customer would pay for service plus an additional charge for the use of renewable energy in the customer's utility service.

"Renewable energy producer" means a producer that generates energy using renewable energy resources.