UTILITIES-PAYS PILOT PROGRAM

Amends the Public Utilities Act. Creates the pay as you save program for renewable energy products. Requires the Illinois Commerce Commission to implement a pilot project to allow residential customers to purchase a renewable energy products system with no up-front payments and by paying the cost of the system over time on the customer's electricity bill, provided that the estimated life cycle electricity savings from the renewable energy products system exceeds the cost of the system. Provides that the pilot project shall provide for disconnection of utility service for non-payment of renewable energy products system pay as you save payments and allow for assignment of system repayment costs attached to the meter location. Requires the Illinois Commerce Commission to determine the time frame of the pilot program and gather and analyze information to evaluate the pilot program. Requires the Illinois Commerce Commission to require electric utilities to create a fund to provide grant money to enable residential electric utility customers to purchase a renewable energy products system. Provides that the Illinois Commerce Commission shall ensure that all reasonable costs incurred by electric utilities to start up and implement the pay as you save model system are recovered, including necessary billing system adjustments and any costs for pay as you save model system efficiency measures that are not recovered via participating residential customers' pay as you save model system bill payments or otherwise. Provides that the Illinois Commerce Commission shall adopt all rules necessary for administration of the pilot project. Effective immediately.