Dive Summary:
- Illinois Gov. Pat Quinn signed four laws on Wednesday, three of which will impact utilities and electric use.
- House Bill 5025 requires utilities to notify credit reporting agencies when customers' outstanding balances are paid off.
- Senate Bill 3170 lets townships participate in electrical aggregation, while Senate Bill 3811 addresses net metering, protecting certain groups who benefit from the practice.
From the press release:
" ... House Bill 5025, sponsored by Rep. Joe Lyons (D-Chicago) and Sen. John Mulroe (D-Chicago) will help consumers resolve negative action on their credit scores by requiring public utilities to notify credit reporting agencies when a customer has paid off their outstanding balances in full. This measure will allow utility customers to be more quickly relieved of pressure from collection agencies and help them improve their credit scores. The law goes into effect Jan. 1.
Senate Bill 3170 sponsored by Rep. JoAnn Osmond (R-Antioch) and Sen. Suzi Schmidt (R-Lake Villa), allows townships to participate in electrical aggregation the same way counties and municipalities can under current law. Aggregation allows for greater group energy purchasing, which increases competition and lowers costs for consumers. According to the Illinois Commerce Commission, more than 90 municipalities have become power aggregators since 2010, which has allowed for greater consumer savings. The law goes into effect immediately.
Senate Bill 3811, sponsored by Rep. Karen May (D-Highland Park) and Sen. Don Harmon (D-Oak Park) protects the ability of certain groups to continue to benefit from “net metering,” which allows customers who generate their own renewable energy to sell excess power back to an electricity provider. The new law takes into account the increased aggregation and alternative energy sources more Illinois communities are now using. The measure provides that net metering customers will be treated equally regardless of the competitiveness of their local energy market. The law goes into effect immediately."
