SHORT_SUMARY: Illinois HB2862 prohibits fuel recovery fees and amends the Public Utilities Act.
Illinois HB2862 prohibits fuel recovery fees and amends the Public Utilities Act by removing provisions allowing the Illinois Commerce Commission to authorize rate changes based on fuel cost changes. The bill also mandates that Illinois gas utilities may enter into sourcing agreements for up to 10 years of supply with clean coal SNG brownfield facilities. These facilities must meet specific carbon sequestration requirements and establish a consumer protection reserve account.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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