Illinois energy rates jumped significantly due to soaring regional capacity auction prices and a massive surge in electricity demand. While Illinois could be a powerhouse in generating energy, progressive policies have everyone on alert about rising energy costs and reliability issues.
I hear business owners are struggling to pay their electric bills and homeowners paying $500 a month to cool their homes. Democrat lawmakers must roll-up their sleeves and take these warnings seriously and find solutions that will protect our state’s energy and keep rates affordable. The latest energy bill signed into law, SB 25, will not reduce energy rates for Illinois residents.
We should be using the all-of-the-above approach, including coal and natural gas to ensure Illinois residents have affordable and reliable energy.
I support energy legislation that will reduce rates and keep Illinois’ energy reliable:
HB 4050: Amends the Environmental Protection Act (EPA) to expand energy production.
HB 5898: Extends deadlines by 10 years for reduced or zero carbon dioxide equivalent and copollutant emissions by certain electric generating units and large greenhouse gas-emitting units.
HB 5899: Extends deadlines by 5 years for reduced or zero carbon dioxide equivalent for electric generating units and large greenhouse gas-emitting units that use coal as a fuel.