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SB2473 - 104th General Assembly
UTIL-TIME-OF-USE PRICING
Last Action
Senate Sponsors
Sen. Bill Cunningham, Laura Fine, Mike Simmons, Graciela Guzmán, Sara Feigenholtz, Mary Edly-Allen, Kimberly A. Lightford and Lakesia CollinsStatutes Amended In Order of Appearance
New Act
5 ILCS 120/2from Ch. 102, par. 42
20 ILCS 3855/1-79 new
20 ILCS 3855/1-93 new
55 ILCS 5/Div. 5-46 heading new
55 ILCS 5/5-46005 new
55 ILCS 5/5-46010 new
55 ILCS 5/5-46015 new
55 ILCS 5/5-46020 new
55 ILCS 5/5-46025 new
65 ILCS 5/Art. 11 Div. 15.5 heading new
65 ILCS 5/11-15.5-5 new
65 ILCS 5/11-15.5-10 new
65 ILCS 5/11-15.5-15 new
65 ILCS 5/11-15.5-20 new
65 ILCS 5/11-15.25 new
65 ILCS 5/11-119.1-4from Ch. 24, par. 11-119.1-4
65 ILCS 5/11-119.1-5.5 new
65 ILCS 5/11-119.1-10from Ch. 24, par. 11-119.1-10
220 ILCS 5/3-105from Ch. 111 2/3, par. 3-105
220 ILCS 5/8-104B new
220 ILCS 5/8-406from Ch. 111 2/3, par. 8-406
220 ILCS 5/16-107.7A new
220 ILCS 5/16-107.8 new
220 ILCS 5/16-107.9 new
605 ILCS 5/9-113from Ch. 121, par. 9-113
Synopsis As Introduced
Creates the Municipal and Cooperative Electric Utility Planning and Transparency Act. Provides that, by November 1, 2025, and by November 1 every 3 years thereafter, all electric cooperatives with members in the State, municipal power agencies, and municipalities shall file with the Illinois Power Agency an integrated resource plan. Sets forth provisions concerning the plan. 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 needed to ensure environmentally sustainable long-term resource adequacy across the State at the lowest cost over time. Amends the Public Utilities Act. Changes the cumulative persisting annual savings goals for electric utilities that serve less than 3,000,000 retail customers but more than 500,000 retail customers for the years of 2025 through 2030. Provides that the cumulative persisting annual savings goals beyond the year 2030 shall increase by 0.9 (rather than 0.6) percentage points per year. Changes the requirements for submitting proposed plans and funding levels to meet savings goals for an electric utility serving more than 500,000 retail customers (rather than serving less than 3,000,000 retail customers but more than 500,000 retail customers). Provides that an electric utility that has a tariff approved within one year of the amendatory Act shall also offer at least one market-based, time-of-use rate for eligible retail customers that choose to take power and energy supply service from the utility. Sets forth provisions regarding the Illinois Commerce Commission's powers and duties related to residential time-of-use pricing. Provides that each capacity procurement event may include the procurement of capacity through a mix of contracts with different terms and different initial delivery dates. Sets forth the requirements of prepared capacity procurement plans. Requires each alternative electric supplier to make payment to an applicable electric utility for capacity, receive transfers of capacity credits, report capacity credits procured on its behalf to the applicable regional transmission organization, and submit the capacity credits to the applicable regional transmission organization under that regional transmission organization's rules and procedures. Makes other changes. Effective immediately.
Actions
| Date | Chamber | Action |
|---|---|---|
| 2/07/2025 | Senate | Filed with Secretary by Sen. Bill Cunningham |
| 2/07/2025 | Senate | First Reading |
| 2/07/2025 | Senate | Referred to Assignments |
| 2/18/2025 | Senate | Added as Co-Sponsor Sen. Laura Fine |
| 3/04/2025 | Senate | Assigned to Energy and Public Utilities |
| 3/06/2025 | Senate | Added as Co-Sponsor Sen. Mike Simmons |
| 3/11/2025 | Senate | Added as Co-Sponsor Sen. Graciela Guzmán |
| 3/19/2025 | Senate | Added as Co-Sponsor Sen. Sara Feigenholtz |
| 3/21/2025 | Senate | Rule 2-10 Committee Deadline Established As April 4, 2025 |
| 4/04/2025 | Senate | Added as Co-Sponsor Sen. Mary Edly-Allen |
| 4/04/2025 | Senate | Rule 2-10 Committee Deadline Established As April 11, 2025 |
| 4/10/2025 | Senate | Added as Co-Sponsor Sen. Kimberly A. Lightford |
| 4/11/2025 | Senate | Rule 2-10 Committee/3rd Reading Deadline Established As May 9, 2025 |
| 4/23/2025 | Senate | Added as Co-Sponsor Sen. Lakesia Collins |
| 5/05/2025 | Senate | Senate Committee Amendment No. 1 Filed with Secretary by Sen. Bill Cunningham |
| 5/05/2025 | Senate | Senate Committee Amendment No. 1 Referred to Assignments |
| 5/06/2025 | Senate | Senate Committee Amendment No. 1 Pursuant to Senate Rule 3-8(b-1), the following amendments will remain in the Committee on Assignments |
| 5/09/2025 | Senate | Rule 2-10 Committee/3rd Reading Deadline Established As May 23, 2025 |
| 5/23/2025 | Senate | Rule 2-10 Committee/3rd Reading Deadline Established As June 1, 2025 |
| 6/02/2025 | Senate | Rule 3-9(a) / Re-referred to Assignments |