UTIL-TIME-OF-USE PRICING
HB 3779 establishes time-of-use electricity pricing in Illinois that charges variable rates based on peak and off-peak hours to manage grid demand and costs.
HB 3779 establishes time-of-use electricity pricing in Illinois that charges variable rates based on peak and off-peak hours to manage grid demand and costs.
HB 3779 would establish or modify time-of-use (TOU) pricing structures for utility customers in Illinois, allowing electricity rates to vary based on when power is consumed during the day. The bill appears to mandate or regulate how utilities implement dynamic pricing that charges higher rates during peak demand hours and lower rates during off-peak periods.
Time-of-use pricing can incentivize consumers to shift energy consumption away from peak hours, potentially reducing strain on the electrical grid and lowering overall system costs. However, it also creates winners and losers among ratepayers—those able to shift consumption benefit, while those unable to do so (including low-income households and shift workers) may face higher bills.
Compiled from official sources — confirm details with the bill’s official record.
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