IL SB2914

Establishes an Office of Retail Market Development within 90 days, subject to appropriation, to be overseen by a Director of Retail Market Development employed by the Illinois Commerce Commission.

Director shall employ or retain at least 2 professionals to actively promote retail electric competition and benefit Illinois consumers.

Office shall monitor competitive conditions in Illinois, identify barriers to retail competition across all customer classes, and propose solutions to the Commission and General Assembly, including municipal aggregation and customer choice programs.

Director must submit annual reports by June 30 detailing accomplishments in promoting retail electric competition and recommending administrative and legislative actions for improvement.

Annual reports including price comparisons must include the combined value of additional products and services from competitive retail markets, such as energy control technology cash value, energy savings from those technologies, renewable energy megawatt hours, and cash equivalent offers.