SB 3418

  • Illinois Senate Bill
  • 98th Regular Session
  • Introduced in Senate
  • Senate
  • House
  • Governor

Ipa Market-Based Benchmark

Abstract

Amends the Illinois Power Agency Act. In a provision concerning the price paid to procure renewable energy credits using monies from the Illinois Power Agency Renewable Energy Resources Fund, directs the Agency to implement a market-based benchmark subject to approval by the Illinois Commerce Commission. Provides that the Agency shall recover all planning and procurement costs. Provides that the Agency may procure renewable energy resources independently as well as in conjunction with a procurement event for certain electric utilities. Effective immediately.

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Jan 13, 2015

Senate

Session Sine Die

Feb 27, 2014

Senate

Added as Co-Sponsor Sen. Linda Holmes

Feb 14, 2014

Senate

Filed with Secretary by Sen. Mike Jacobs

Senate

First Reading

Senate

Referred to Assignments

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