HB2586 Summary

• Extends the repeal date of the Supplemental Low-Income Energy Assistance Fund from December 31, 2013 to December 31, 2018.

• Authorizes the Fund to receive voluntary donations from individuals, foundations, corporations, and contributions through the Illinois Income Tax Act.

• Establishes monthly Energy Assistance Charges on utility customer accounts: $0.48 for residential electric and gas service, $4.80 for small non-residential accounts, and $360 for large non-residential accounts (10+ megawatts of peak demand or 4+ million therms annually).

• Requires utilities to remit collected charges to the Department of Revenue by the 20th day following collection, with funds used for utility bill assistance, weatherization services, and program administration (capped at 10% each annually).

• Makes the charge optional for municipal utilities and electric cooperatives, with the restriction that the Department cannot provide benefits to customers of utilities that do not assess the charge.