Author Topic: Illinois Clean Energy Jobs Act Would Significantly Increase Energy Costs, Studies Indicate  (Read 451 times)

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Illinois Clean Energy Jobs Act Would Significantly Increase Energy Costs, Studies Indicate
Tim Benson
March 29, 2021
 

Legislation in the Illinois Senate, known as the Clean Energy Jobs Act (CEJA), would expand Illinois’ renewable energy mandate (REM), officially known as the Renewable Portfolio Standard, by forcing state utilities to produce 45 percent of their electricity generated from “renewable” sources by 2030 and 100 percent by 2050.

The Renewable Portfolio Standard, established as a voluntary goal for utilities in 2001 but made mandatory in 2007, currently forces utilities to generate 25 percent of their electricity from “renewable” sources by 2025–26.

Studies Show High Costs, Limited Benefits

Renewable energy mandates such as the Renewable Portfolio Standard force expensive, heavily subsidized, and politically favored electricity sources such as wind and solar on ratepayers and taxpayers while providing few, if any, net environmental benefits. Even worse, these mandates disproportionally impact low-income households by raising their electric bills as well as the cost of all goods and services.

https://heartlanddailynews.com/2021/03/illinois-clean-energy-jobs-act-would-significantly-increase-energy-costs-studies-indicate/