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IL SR0635
Resolution
AI Summary
- Urges members of Illinois congressional delegation to demand an investigation by the Federal Energy Regulatory Commission (FERC) into its policies regarding transmission line projects
- Objects to FERC's 12.38% guaranteed rate of return on equity for transmission line installations, characterizing it as irresponsible and unrealistic for consumers
- Identifies the Ameren Transmission Company (ATXI) proposed 345,000-volt transmission line from Palmyra, Missouri to Sugar Creek, Indiana as a result of FERC's rate-of-return policies
- Contends that FERC's guaranteed return standards incentivize building unnecessarily costly and sometimes unneeded infrastructure
- Directs copies of the resolution be delivered to the Illinois congressional delegation, FERC, and the Illinois Commerce Commission
Legislative Description
URGE CONGRESS-ATXI RETURN RATE
Last Action
Session Sine Die
1/13/2015
Committee Referrals
Assignments7/1/2014
Energy3/5/2014
Assignments10/22/2013
Full Bill Text
No bill text available