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State's Renewable Energy Fund Lacks Power to Fulfill Purpose

By on May 20, 2013

May 13, 2013

By Julie Wernau | Chicago Tribune

Five years ago, Illinois passed legislation requireing electric suppliers to buy more renewable energy sucha s wind and solar power and then pass those costs on to customers.

The intent of the mandate was to have so-called green electricity accounting for a quarter of the power flowing into residences and businesses by 2025, while fostering homegrown jobs and cleaner air.

But that was before customers of the state's two major electric utilities defected in masse to other suppliers that purchase power on the open market. With that move, the state is falling short of its green mandate, because money being collected from customers by these other energy suppliers isn't being used for green energy purchase.

Read the full article here.

Tags:  illinois, rps
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