Illinois HB4823 mandates that all new electric transmission facilities be owned and operated by Commission-regulated utilities.
HB4823, the Transmission Ownership and Reliability Act, requires that all new electric transmission facilities in Illinois be owned, operated, and maintained by Commission-regulated and investor-owned utilities. It prohibits third-party constructors from having any ownership interest or operational control post-construction. The bill also mandates that entities proposing to build new transmission facilities must obtain a certificate of public convenience and necessity.
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