Lawmakers say the system is under strain as data center growth accelerates faster than new power generation can come online, raising both reliability concerns and electricity prices. #lawmakers #data #costs
“It’s hard to believe, but when we pay our monthly bills we are bankrolling utility memberships in trade associations that push the utilities’ anti-consumer agenda,” Mah said. #utilities #lawmakers #consumer
Instead, families across Illinois are still being forced to pay for utility overspending, flawed planning, and corporate missteps they did not cause. #utilities #inflation
State officials say the investments tied to the new law could create up to 115,000 jobs, including both construction and long-term operating positions. #energy #jobs
Capacity costs make up about 20 percent of the electricity supply price paid by customers of Commonwealth Edison and other utilities within PJM’s footprint, which spans 13 states and the District of Columbia and serves about 67 million customers. #prices #power
The bill, in its current form, would create a surcharge on electric bills to incentivize battery storage developments, loosen state-level nuclear regulations, institute new energy efficiency requirements and more. #energy
Small business owner Ryan Garrett said the effects are already being felt. His Villa Grove bar and restaurant recently received a utility bill that was $1,000 higher than usual. #energy
Increasing energy prices are causing alarm among some consumer advocates and state policymakers, who worry that the long-term problems underlying the rising costs could lead to even higher prices or rolling blackouts. #electric