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CAPITOL RECAP: Governor's Office Unveils Energy Overhaul Bill


The governor’s office unveiled a 900-page energy overhaul bill Wednesday, accelerating a yearslong process which advocates hope will end in a comprehensive clean energy platform as the session nears its final month.
The stated goal of the bill is to drive Illinois to 100 percent “clean” energy by 2050. That, Deputy Gov. Christian Mitchell said in an interview Wednesday, would include nuclear power as a major contributor. Another goal is to bring Illinois to 40 percent of its utility scale energy produced by renewables, such as wind and solar, by 2030. Right now, that number is around 8 percent.
The bill contains some of the provisions put forth in other legislation, raising the rate cap on ratepayer bills for renewable projects from about 2 percent to 3.75 percent; ending formulaic rate increases for utilities immediately; and prohibiting natural gas companies from assessing a surcharge on bills starting January 2022. ....

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