ELECTRIC UTILITY RATE CAPS

Summary

The bill caps the amount of renewable‑energy costs that can be passed on to eligible retail electric customers at 4.25% of the 2009 per‑kilowatt‑hour price and reduces the energy transition assistance charge to a maximum of 1.3% of that same price. It removes previously included inflation adjustments. The changes apply to customers of large and small electric utilities that qualified under the Illinois Power Agency’s procurement rules.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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