Set union labor standards when Renewable Portfolio Standard, Carbon Mitigation and Solar for All credits are used. It would require:
- Illinois Prevailing Wage Act, requiring paying the going hourly rate for work of a similar character in a locality
- Project Labor Agreements, setting the terms and conditions of employment for all craft workers
- Goals for apprenticeship programs
- Report on workforce diversity
- Labor neutrality, agreements between an employer and an organizer where the employer agrees it wont work for or against efforts to organize a union.
Establish new accountability and transparency requirements for utilities by:
- Increasing utility accountability by ending formula rates and returning to traditional ratemaking that includes pay-for-performance metrics to deliver the best value to customers;
- Requires utilities to participate in annual standards and compliance audits to ensure customers pay on actual, prudent and reasonable costs; and
- Requiring utilities to disclose revenues and expenses related to renewable, zero emission and carbon mitigation credits to verify that ratepayers are not paying higher costs than necessary.
- Establishing an independent Electric Utility Monitor to oversee ComEd during the deferred prosecution period. ComEd would be required to pay the state for the cost of the monitor. That cost cannot be passed on to customers. The monitor will:
- Conduct annual ethics audits and
- Document any violations and ensure disciplinary action is taken.
Costs associated with state and federal investigations cannot be passed on to customers.
Audit of whether the projects authorized under the Energy Infrastructure Modernization Act were prudent and reasonable. Any costs associated with compliance could not be passed on to customers
Require that ComEd pay customers an amount equal to the fines paid as a result of its deferred prosecution agreement.
Preserve the state’s nuclear fleet and add additional renewable generation by:
- Creating 74 million megawatt-hour Carbon Mitigation Credits for zero emission facilities like the Braidwood, LaSalle, Bryon and Dresden nuclear plants. Plants participating in the Zero Emission Credit program would not be eligible.
- Creating 35 million megawatt-hour Renewable Portfolio Standard credits, with 25 percent of the solar allocation being dedicated to public schools.
- Protecting the jobs of 28,000 of workers directly and indirectly employed by the state’s nuclear plants and securing over $125 million in tax revenue to the state along with critical tax revenue to municipal governments that help fund schools and keep property tax rates stable.
Create a just transition for communities economically reliant on fossil fuel generation and establish equity requirements for clean energy jobs by:
- Requiring Coal Plant Retirement Advisory Committee to report on employee and community impacts;
- Creating Empowerment Zones and tax incentives to spur investment in areas hit by plant closures;
- Creating a selection criteria so that new solar is distributed widely across the state prioritizing brownfield sites and disadvantaged communities;
- Providing $50 million over 10 years for job skills and training programs to build an equitable and inclusive workforce of the future;
- Investing $5 million into the Illinois Works program to support the recruitment of a diverse workforce into pre-apprenticeship training programs;
- Requiring renewable energy developers to report on their workforce diversity. If a developer does not meet necessary metrics, they must develop an action plan;
- Establishing a Displaced Energy Workers Bill of Rights that would provide:
- Advance notice of power plant or coal mine closure.
- Employment assistance and career services.
- Full-tuition scholarship for Illinois institutions and trade schools.
- Financial Planning Services
- 24 months of insurance coverage that (A) costs no more than the average monthly premium paid by the worker over the last 12 months and (B) offers the same level of benefits.
Reduce the state’s emissions from buildings and transportation by:
- Providing $30 million a year for five years to convert school buses to electric;
- Creating a Carbon Free Schools initiative with $50 million annually to save schools up to $2.3 billion:
- Installing 2,500 megawatts of solar at 3,330 public schools;
- Integrating heating and cooling efficiency, rooftop solar, and building envelope (e.g., efficient windows and insulation) improvements.
The legislation achieves all these goals without burdening low-income families thanks to several programs that provide over $150 million annually in rate relief. Those include:
- An additional $31 million per year in low-income assistance by expanding the Energy Assistance Act;
- $67 million per year by doubling energy efficiency commitments for low-income households;
- $30 million per year in clean transportation assistance for low-income consumers;
- $23.5 million per a year for small businesses, non-profit and non-residential customers;
- Expanding eligibility for Percent of Income Payment Plan, limiting energy bills to no greater than a certain percentage of an individuals’ income.