UTILITIES-PAYS PILOT PROGRAM

Amends the Public Utilities Act. Creates the pay as you save pilot program. Requires the Illinois Commerce Commission to develop and implement a pay as you save pilot program. Requires the Commission to determine, with consultation from the Department of Commerce and Economic Opportunity, which energy efficiency products are eligible for the program. Allows residential electric utility customers to purchase approved energy products that reduce electricity consumption with no up-front payments. Requires participating electric utility customers to assign their meter to the pay as you save pilot program so that the cost of the energy efficiency products are paid over time on the electric utility customer's utility bill, even if the initial customer moves from the household. Requires an electric utility that serves more than 100,000 customers to attempt to enroll not less than 100 households in the program. Requires an electric utility that serves 2,000,000 or more customers to attempt to enroll not less than 200 households in the program. Requires the Commission to require electric utilities that serve more than 100,000 customers to create a fund to provide grant money for the program. Provides that the Commission shall ensure that all reasonable costs incurred by electric utilities that serve more than 100,000 customers to start up and implement the pay as you save model system are recovered. Requires the Commission to issue a pay as you save pilot program status report 12 months after the effective date. Makes other changes. Effective immediately.