UTILITIES-ENERGY EFFICIENCY

Amends the Public Utilities Act. Deletes provisions concerning electric utilities that are required to use cost-effective energy efficiency and demand-response measures to reduce delivery load, energy efficiency analysis, and natural gas energy efficiency programs. Creates a provision that provides after all current obligations and contracts are met, the Illinois Commerce Commission shall refund any remaining funds collected under the electric utilities and natural gas utilities energy efficiency program to the public utilities respective consumers in a proportional manner. Makes corresponding changes in provisions concerning energy efficiency procurement and on-bill financing program for electric utilities and gas utilities. Effective immediately.