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.

Leave a Comment





Latest News Stories

Battery storage financials remain in question as lawmakers consider energy omnibus

Battery storage financials remain in question as lawmakers consider energy omnibus

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – State lawmakers are expected to include battery storage as part of an energy omnibus bill at the...
Illinois quick hits: Pritzker praises credit upgrade; Cook County approves $20M quantum grant

Illinois quick hits: Pritzker praises credit upgrade; Cook County approves $20M quantum grant

By Jim Talamonti | The Center SquareThe Center Square Pritzker praises credit upgrade Moody’s Investors Service has upgraded Illinois’ credit rating to A2 for the state’s general obligation bonds. Gov....
Op-Ed: Main Street businesses, customers would bear brunt of a tax on services

Op-Ed: Main Street businesses, customers would bear brunt of a tax on services

By Noah Finley | National Federation of Independent BusinessThe Center Square Even as lawmakers reconvene in Springfield for the fall veto session, special interest groups continue to press for higher...
Supreme Court grants extra time for arguments in tariff case

Supreme Court grants extra time for arguments in tariff case

By Brett RowlandThe Center Square The U.S. Supreme Court will grant some additional time for oral arguments in a case challenging President Donald Trump's tariff authority, but won't let tribal...

WATCH: White House vows to ‘fight’ lawsuits over $100,000 H-1B visa fee

By Andrew RiceThe Center Square The White House on Thursday vowed to fight legal challenges to President Trump’s $100,000 H-1B visa fee. White House Press Secretary Karoline Leavitt told reporters...
WATCH: Illinois leaders on both sides send Bailey family condolences for loss of 4

WATCH: Illinois leaders on both sides send Bailey family condolences for loss of 4

By Greg Bishop | The Center SquareThe Center Square (The Center Square) – Leaders on both sides of the political aisle are sending condolences to former state Sen. Darren Bailey’s...
Democrats tank GOP bill to pay troops, essential workers during govt shutdown

Democrats tank GOP bill to pay troops, essential workers during govt shutdown

By Thérèse BoudreauxThe Center Square Republicans’ attempts to avert the worst effects of the ongoing government shutdown failed Thursday after Senate Democrats blocked a bill that would ensure essential federal...
Texas lawmaker introduces agricultural visa reform

Texas lawmaker introduces agricultural visa reform

By Andrew RiceThe Center Square A Texas lawmaker introduced legislation to reform the H-2A visa program for agricultural workers. U.S. Rep. Monica De La Cruz, R-Texas, introduced the Bracero Program...
Home sales rise 1.5% in September as mortgage rates dip

Home sales rise 1.5% in September as mortgage rates dip

By Brett RowlandThe Center Square Home sales increased 1.5% in September as mortgage rates dipped, according to the National Association of Realtors. The group said September's 1.5% increase in existing-home...
FBI arrests 34 in NBA, poker gambling probe involving crime families

FBI arrests 34 in NBA, poker gambling probe involving crime families

By Jon StyfThe Center Square Thirty-one people including Miami Heat player Terry Rozier and Portland Trail Blazers coach Chauncey Billups were arrested along with 32 others on Thursday morning in...
Poll: Americans divided on Trump's deportation, immigration policies

Poll: Americans divided on Trump’s deportation, immigration policies

By Andrew RiceThe Center Square Americans are divided on President Donald Trump’s deportation and immigration policies, according to a new poll. The Center Square Voters’ Voice Poll found that 46%...
WATCH: Pritzker to sign exec. order to ‘pursue accountability’ amid federal deployments

WATCH: Pritzker to sign exec. order to ‘pursue accountability’ amid federal deployments

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 starts the program...
Helicopter crash claims lives of Bailey's son, daughter-in-law, grandchildren

Helicopter crash claims lives of Bailey’s son, daughter-in-law, grandchildren

By The Center SquareThe Center Square (The Center Square) – Illinois Republican gubernatorial candidate Darren Bailey’s campaign has released a statement following the death of Bailey’s son Zachary and his...
Illinois quick hits: Pritzker creates commission to hear alleged ICE abuses

Illinois quick hits: Pritzker creates commission to hear alleged ICE abuses

By The Center SquareThe Center Square Pritzker creates commission to hear alleged ICE abuses Through executive order, Illinois Gov. J.B. Pritzker created the Illinois Accountability Commission to take testimony of...
WATCH: WA Senate candidates differ on taxes, parental rights, protecting girls' sports

WATCH: WA Senate candidates differ on taxes, parental rights, protecting girls’ sports

By Carleen JohnsonThe Center Square With less than two weeks before the general election, two candidates for one of the most closely watched races in Washington state are sharing their...