Illinois General Assembly - Bill Status for SB2123
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 Bill Status of SB2123  101st General Assembly


Senate Sponsors
Sen. Robert Peters - Jacqueline Y. Collins and Kimberly A. Lightford

Last Action
DateChamber Action
  1/13/2021SenateSession Sine Die

Statutes Amended In Order of Appearance
20 ILCS 3855/1-59 new

Synopsis As Introduced
Amends the Illinois Power Agency Act. Provides that the Illinois Commerce Commission shall implement a project to be called the Renewable Energy Pay As You Save Program. Provides for the purpose and requirements of the Program. Provides that the Illinois Commerce Commission shall convene a workshop process during which interested participants may discuss issues related to the Program. Provides that each applicable electric utility shall submit an informational filing to the Commission that describes its plan for implementing provisions regarding the Program. Provides that electric utilities shall work with lenders selected pursuant to a request for proposals process and with vendors to establish the terms and processes under which a participant can purchase eligible renewable energy generation and energy storage systems using the financing obtained from a lender through a financing program designed to fit the Pay As You Save model. Provides further requirements concerning the establishment of financing programs based upon the Pay As You Save model. Provides that the Commission shall adopt all rules necessary for administration. Effective immediately.

Senate Committee Amendment No. 1
Deletes reference to:
20 ILCS 3855/1-59 new
Adds reference to:
New Act

Replaces everything after the enacting clause. Creates the Equitable Energy Financing Act. Requires the Illinois Commerce Commission to establish the Equitable Energy Financing Program for all electric utilities in this State to permit customers to finance the construction of energy projects through an optional tariff payable directly through their utility bill. Provides that the Program shall offer to make investments in energy projects to customer properties with low-cost capital and use an opt-in tariff to recover the costs. Provides that the Program will allow residential electric utility customers that own the property, or renters that have a long-term lease on the property, for which they subscribe to utility service, to purchase an energy project. Provides further requirements for the Program and requirements for the Commission concerning the Program. Provides for customer protections and cost-effectiveness requirements under the Program. Provides Program participation requirements for electric utilities in this State. Defines terms. Effective immediately.

DateChamber Action
  2/15/2019SenateFiled with Secretary by Sen. Robert Peters
  2/15/2019SenateFirst Reading
  2/15/2019SenateReferred to Assignments
  3/5/2019SenateAssigned to Energy and Public Utilities
  3/14/2019SenateAdded as Co-Sponsor Sen. Kimberly A. Lightford
  3/15/2019SenateSenate Committee Amendment No. 1 Filed with Secretary by Sen. Robert Peters
  3/15/2019SenateSenate Committee Amendment No. 1 Referred to Assignments
  3/19/2019SenateSenate Committee Amendment No. 1 Assignments Refers to Energy and Public Utilities
  3/21/2019SenateSenate Committee Amendment No. 1 Postponed - Energy and Public Utilities
  3/21/2019SenatePostponed - Energy and Public Utilities
  3/22/2019SenateRule 2-10 Committee Deadline Established As March 28, 2019
  3/28/2019SenateSenate Committee Amendment No. 1 Adopted
  3/28/2019SenateDo Pass as Amended Energy and Public Utilities; 017-000-000
  3/28/2019SenatePlaced on Calendar Order of 2nd Reading April 3, 2019
  4/3/2019SenateAdded as Chief Co-Sponsor Sen. Jacqueline Y. Collins
  4/5/2019SenateSenate Floor Amendment No. 2 Filed with Secretary by Sen. Robert Peters
  4/5/2019SenateSenate Floor Amendment No. 2 Referred to Assignments
  4/9/2019SenateSenate Floor Amendment No. 2 Assignments Refers to Energy and Public Utilities
  4/12/2019SenateRule 3-9(a) / Re-referred to Assignments
  7/3/2019SenateSenate Floor Amendment No. 2 Pursuant to Senate Rule 3-9(b) / Referred to Assignments
  1/13/2021SenateSession Sine Die

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