IL legislators weigh energy policy some say will increase costs

IL legislators weigh energy policy some say will increase costs

Spread the love

(The Center Square) – Illinois’ energy landscape continues to evolve as the state works to usher in industries that draw a lot of power.

In the southside of Chicago Tuesday, Gov. J.B. Pritzker and others broke ground on the PsiQuantum facility at the Illinois Quantum and Microelectronics Park.

“Quantum has the potential to help solve some of humanity’s greatest challenges in national security, artificial intelligence, pharmaceuticals, energy, finance, and beyond,” Pritzker said.

Pritzker’s office touts $700 million of taxpayer investment in the park and in supporting other quantum projects, a move the office said “cemented Illinois’ leadership nationally, attracted federal research dollars and laid the foundation” for Tuesday’s groundbreaking.

Quantum, along with AI, data centers and electric vehicles are expected to create more demand for Illinois energy at a time of increased energy demand and costs.

During a more than four hour virtual hearing Thursday, the Illinois Senate Energy and Public Utilities Committee heard an amendment to a sweeping energy bill that focuses on renewables. State Sen. Sue Rezin, R-Morris, said wind, solar and battery storage isn’t going to cut it.

“The reality of what we’re facing in the future, with the need to put power on quickly and the cheapest way, is not going to fit within what you’re telling us,” Rezin said.

Rezin warned the sweeping measures in the latest amendment to Senate Bill 25 will only increase consumer costs.

“The caps are off, which allows you to build everything out, the wind and the solar and the battery, which is expensive. So the rates are going to go up,” Rezin said.

Rates have already gone up. According to the Citizens Utility Board, ComEd’s new electricity price has fallen a bit since the summer, but it is still about 47% higher than it was last October. While Ameren’s price dropped more than 30%, CUB urged all utility customers to review their bills.

Illinois Farm Bureau’s Bill Bodine said they oppose the proposed amendment for reasons including lack of local control for siting battery storage facilities.

“There’s a few, beneficial changes we think are included in the bill, but unfortunately, it creates too many concerns, and we do have to oppose it,” he said.

Legislators return to Springfield for fall veto session beginning Oct. 14.

Events

No events

Leave a Comment





Latest News Stories

Trump HHS tells states to remove gender ideology from sex ed or lose PREP funding

Trump HHS tells states to remove gender ideology from sex ed or lose PREP funding

By Tate MillerThe Center Square The Trump administration directed 46 states and territories to remove gender ideology from their sex ed materials or else face possible termination of federal Personal...
Americans could face 'sticker shock' as once-small tax exemption ends

Americans could face ‘sticker shock’ as once-small tax exemption ends

By Brett RowlandThe Center Square Americans could be in for a surprise when a nearly century-old trade rule that allowed shoppers to avoid President Donald Trump's tariffs expires on Friday....
'Pro-taxpayer' law requires operators to clean up abandoned Illinois oil wells

‘Pro-taxpayer’ law requires operators to clean up abandoned Illinois oil wells

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – A state lawmaker says recently-signed legislation will ensure that Illinois taxpayers don’t foot the bill for cleaning...
Black-only medical directory must open to all races after lawsuit

Black-only medical directory must open to all races after lawsuit

By Tate MillerThe Center Square After a lawsuit from medical group Do No Harm, a Philadelphia-based directory of Black physicians is now open to all races. The directory entitled “Black...
Embattled Fed governor sues Trump over 'illegal' firing

Embattled Fed governor sues Trump over ‘illegal’ firing

By Brett RowlandThe Center Square A Federal Reserve governor accused of mortgage fraud filed a lawsuit Thursday alleging her firing was "unprecedented and illegal." Trump fired Federal Reserve Governor Lisa...
Watch: Cook County gun ban plaintiffs petition SCOTUS; Pritzker hasn’t heard from White House

Watch: Cook County gun ban plaintiffs petition SCOTUS; Pritzker hasn’t heard from White House

By Greg Bishop | The Center SquareThe Center Square (The Center Square) – In today's edition of Illinois in Focus Daily, The Center Square Editor Greg Bishop gets to the...
Illinois quick hits: Man on pretrial release accused of murder; holiday weekend impaired driving patrols

Illinois quick hits: Man on pretrial release accused of murder; holiday weekend impaired driving patrols

By Jim Talamonti | The Center SquareThe Center Square Man on pretrial release accused of murder After reportedly violating curfew dozens of times while wearing an ankle monitor, a man...
GOP legislators propose creating new state from CA counties

GOP legislators propose creating new state from CA counties

By Dave MasonThe Center Square Republicans are calling for 35 inland counties to secede from California and create a new state. The GOP announced the plan Wednesday as their response...
Illinois quick hits: Gun ban challengers petition SCOTUS; man sentenced for COVID fraud

Illinois quick hits: Gun ban challengers petition SCOTUS; man sentenced for COVID fraud

By Jim Talamonti | The Center SquareThe Center Square Gun ban challengers petition SCOTUS The Second Amendment Foundation is asking the U.S. Supreme Court to take a challenge to Cook...
WATCH: Trump: Illinois’ 'slob of a governor' should call for help with public safety

WATCH: Trump: Illinois’ ‘slob of a governor’ should call for help with public safety

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Illinois Gov. J.B. Pritzker says he has not received communication from the federal government about potential troop...
WATCH: Legislator says Illinois’ child welfare agency uses interns, has legal exposure

WATCH: Legislator says Illinois’ child welfare agency uses interns, has legal exposure

By Greg Bishop | The Center SquareThe Center Square (The Center Square) – An Illinois state legislator insists the state’s child welfare agency is violating the law by using interns...
Economic index shows reduced uncertainty, more stability in Midwest

Economic index shows reduced uncertainty, more stability in Midwest

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – The Federal Reserve Bank of Chicago’s Survey of Economic Conditions Activity Index suggests more stability and less...
New law sparks debate over Illinois school mergers, communities fear loss

New law sparks debate over Illinois school mergers, communities fear loss

By Catrina Barker | The Center Square contributorThe Center Square (The Center Square) – A new law that could push school districts to study possible consolidation, aiming for efficiency and...
Illinois in Focus: Rest area burglary arrests made; overdose awareness events planned

Illinois in Focus: Rest area burglary arrests made; overdose awareness events planned

By Jim Talamonti | The Center SquareThe Center Square Rest area burglary arrests made Two men have been detained in connection with a reported burglary at the northbound Interstate 57...
Nonprofit files complaints against Trump attorneys but almost no public discipline

Nonprofit files complaints against Trump attorneys but almost no public discipline

By Arthur KaneThe Center Square Two nonprofits run by an attorney with long-time Democratic connections have been filing ethics complaints against lawyers who represented Trump officials or issues, seeking to...