Illinois Electric Deregulation Law

Illinois is relatively new to energy deregulation and many residents may not even be aware they have a choice in an electricity provider.

Illinois electric deregulation law.

While residential customers have been able to participate in electric choice and compare illinois electricity rates since 2002 it wasn t until 2007 that major competition started flooding the market when. The illinois electric service customer choice law and the rate relief law. What is the difference between a utility and an energy provider. One major reason why this law was created was due to the fact that at the time illinois had some of the highest rates for electricity in the united states.

Under the new legislation the two electricity utility monoplies were deregulated comed and aiu. Competition in the illinois retail electric markets 220 ilcs 5 16 120 b consumer services annual report. Brief history of illinois deregulation. Illinois began the deregulation journey when state lawmakers passed the illinois electric service customer choice and the rate relief law this customer choice act turned ameren illinois utilities and commonwealth edison company solely into utility companies and allowed large businesses the opportunity to purchase electricity from an ares.

Two laws were passed just a short time after habb promised the advent of deregulation marking the official start of deregulation in illinois in 1997. The ameren illinois efficient choice is a free tool that can assist you in your purchase of energy efficient products and appliances. Because of this the state of illinois passed the illinois electric service customer choice and the rate relief law. 220 ilcs 5 16 101 sec.

Two years later illinois lawmakers passed the the illinois electric service customer choice and rate relief law of 1997 that kicked off deregulation in illinois. Coordination between gas and electric utility energy efficiency programs 220 ilcs 5 8 104 k energy infrastructure modernization act report dec 2017 16 108 5 h. Illinois deregulation in illinois. How deregulation came to illinois.

Prior to 1998 illinois was the 13th highest in the country in terms of electricity price averages. Save now with the help from efficient choice where shopping and saving is our goal. Because of the electric service customer choice and rate relief law that was passed in 1997 illinois electric customers have the power to switch electric suppliers this deregulation in illinois allowed consumers great flexibility while presenting them with the opportunity to procure a lower cost for power in illinois indeed 2007 saw even more rules and. Utilities are the entities in charge of the operation and maintenance of the energy infrastructure like wires and towers.

In 1997 the state passed a law called the illinois electric service customer choice and the rate relief law.