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IL SB4003
Bill
Status
Introduced
2/6/2026
Primary Sponsor
Chapin Rose
Click for details
AI Summary
- Requires the Illinois Power Agency to develop new energy procurement plans using only "least-cost procurement" methods, defined as cost-effective, reliable, and prudent electric service procurement regardless of power source
- Caps the annual estimated average net increase for renewable energy resource costs at 4.25% of the amount paid per kilowatthour during the year ending May 31, 2009, and removes inflation adjustment provisions
- Reduces the energy transition assistance charge cap from 1.45% to 1.3% of the amount paid per kilowatthour during the year ending May 31, 2009
- Prohibits construction of commercial wind facilities, solar facilities, or energy storage systems without approval from the applicable local government if located within 1.5 miles of that jurisdiction
- Removes references to energy storage projects, resources, and systems from the Illinois Finance Authority Act, Property Tax Code, and Counties Code
Legislative Description
UTILITIES-RESTORE VARIOUS
Last Action
Referred to Assignments
2/6/2026
Committee Referrals
Assignments2/6/2026
Full Bill Text
No bill text available