Davis Supported Legislation to Address Rising Energy Costs Signed Into Law

CHICAGO — A new law signed on Thursday will provide Illinoisans immediate and long-term utility bill relief by bringing down energy costs, thanks to legislation supported by state Rep. Lisa Davis, D-Chicago.

“Our cost of living is just too high for so many in our communities, and I’m looking for ways to continue to ease financial burdens where I can,” said Davis. “One way we can do that is by lowering monthly costs like utility bills— which are far too expensive right now. This legislation changes how we collect and store clean energy, leading to new jobs and lower monthly bills.”

Over the last year, many Illinois residents have grappled with untenable utility bill costs. Senate Bill 25, The Clean and Reliable Grid Affordability Act, puts Illinois on better footing to counteract rising energy prices by tapping into:

• Capturing clean energy: By capturing and redistributing energy already being produced, including from home solar panels, Ameren and ComEd customers can see immediate relief on monthly costs.
• Increasing battery storage: By building out our grid to increase the state’s battery storage, power systems will become more reliable and affordable to power millions of Illinois homes.
• Investing in energy efficiency programs: Senate Bill 25 directly expands energy efficiency programs for residents, lowering electricity prices by reducing overall demand, and improves equity in programs by allocating a minimum amount of funds to support low-income customers.

Additionally, the measure will create up to 115,000 jobs, counteracting job insecurity and layoffs caused by federal cuts. As utility demands increase during the winter months, Senate Bill 25 will play a significant role in meeting the state’s energy needs, strengthening reliability and helping manage untenable costs for customers for both short- and long-term relief. 

Senate Bill 25 was signed earlier today.