Illinois General Assembly - Bill Status for SB2123

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.

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.

Date	Chamber	Action
1/13/2021	Senate	Session Sine Die

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

	Deletes reference to:
	20 ILCS 3855/1-59 new

	Adds reference to:
	New Act