Dive Summary:

• The Illinois House Public Utilities Committee has passed a bill that restores funding to modernize Illinois' electrical grid by clarifying existing language in a 2011 smart grid law.
• The reworded bill now allows ComEd to accelerate its meter installations, which had previously been stalled; the legislation will also create 2,000 full-time jobs.
• The vote passed by a unanimous vote after a similarly successful trip through the Senate a month ago.

From the press release:

"The passage of HB 2529 by the House Public Utilities Committee is a positive development for ComEd customers and the entire state of Illinois," said Anne Pramaggiore , ComEd president and CEO. "We are grateful to Representative Lou Lang for leading efforts to make grid modernization a priority in the House. This legislation will help ComEd build a modern grid to reduce power outages, give customers more choice and control over their energy use, and create thousands of much-needed jobs." ...