House Republicans Warn Of Summer Energy Cost Crisis, Offer Solutions To Expand Energy Production Capacity
SPRINGFIELD – House Republican members of the Illinois House Energy & Environment and Public Utilities Committees held a Capitol news conference on Tuesday to warn of a coming summer energy cost crisis and offer solutions to expand energy production capacity. The Republicans held the press conference after last week sending the House’s Energy & Environment Committee Chair and Vice Chair a letter explaining the urgent need for hearings into the recent results of the Midcontinent Independent System Operator (MISO) capacity auction which returned a shocking $666.50 per Megawatt-day price across all zones in the summer. That same price just one year ago was $30. State Representative Dave Severin (R-Benton) serves as the House Republican ranking member and spokesman on the House Energy & Environment Committee. Severin says Illinois' energy policies are to blame for the recent huge spikes in energy costs for Illinois utility customers. “House Republicans are concerned