Public Accountability Report Public Accountability Report

2021 Electricity, Renewable Resources, Clean Coal Resource, and Photovoltaic REC Procurement
Mission Statement The IPA is committed to the planning and procurement of reliable, efficient, and cost-effective electricity for residents and businesses in an ethical and objective manner, insulated from improper influence. The IPA also administers incentive programs and procurements to promote renewable and zero-carbon energy generation, while building an equitable clean energy future for all Illinoisans.
Program Goals and Objectives
  1. Develop electricity procurement plans to ensure adequate, reliable, affordable, efficient, and environmentally sustainable electric service at the lowest total cost over time, taking into account any benefits of price stability, for residential and small commercial customers of Ameren, ComEd, and MidAmerican. The procurement plan is updated on an annual basis.
    1. Conduct competitive procurement processes to procure the supply resources identified in the electricity procurement plan.
      1. Develop a Long-Term Renewable Resources Procurement Plan and implement the programs and procurements contained in the Plan, including the Adjustable Block Program and the Illinois Solar for All Program. The Long-Term Plan is update every two-years.
        1. Develop and implement other plans and procurements including the Zero Emissions Standard Procurement Plan, the Carbon Mitigation Credit Procurement Plan, and the Coal to Solar procurement.
          Source of Funds Illinois Power Agency Operations Fund, Illinois Power Agency Renewable Energy Resources Fund Statutory Authority 20 ILCS 3855
          Fiscal Year 2022 Target/Projected (b) Fiscal Year 2021 Actual (a) Fiscal Year 2021 Target/Projected Fiscal Year 2020 Actual Fiscal Year 2019 Actual
          Input Indicators
          Total expenditures - all sources (in thousands) $ 83,456.3 $ 23,931.0 $ 63,565.5 $ 14,240.2 $ 11,177.3
          Total expenditures - state appropriated funds (in thousands) $ 83,456.3 $ 23,931.0 $ 63,565.5 $ 14,240.2 $ 11,177.3
          Average monthly full-time equivalents 24 14 15 10 10
          Output Indicators
          Number of residential customers in the Ameren region taking fixed price supply N/A 409,756 N/A 437,316 488,022
          Number of residential customers in the ComEd region taking fixed price supply N/A 2,615,938 N/A 2,523,184 2,408,509
          Number of residential customers in the MidAmerican region taking fixed price supply N/A 77,810 N/A 77,937 77,836
          Number of projects approved by the Adjustable Block Program N/A 25,963 N/A 15,132 1,687
          Megawatts of approved projects by the Adjustable Block Program N/A 667 N/A 593 417
          Number of projects approved by the Illinois Solar for All Program N/A 133 N/A 49 N/A
          Megawatts of projects approved by the Illinois Solar for All Program N/A 22 N/A 14 N/A
          Outcome Indicators
          Procurement Plans approval by the Illinois Commerce Commission N/A Yes N/A Yes Yes
          All required procurement event outcomes approved by the Illinois Commerce Commission N/A Yes N/A Yes Yes
          Percentage of approved Adjustable Block Program projects completed and energized N/A 87 % N/A 54.4 % 49 %
          Percentage of approved Illinois Solar for All Program projects completed and energized N/A 75 % N/A 4 % N/A
          Efficiency/Cost-Effectiveness Indicators
          Renewable resource targets are met within the constraints of mandated cost caps N/A Yes Yes Yes Yes
          Footnotes
          The Total Expenditures for Fiscal Year 2021 Actual ($23,931,000) includes an interfund transfer ($1,657,000) and renewable energy expenditures ($16,524,200). Projected expenditures, including an anticipated interfund cash transfer, are to be determined, and subject to change, in accordance with the approval of an fiscal year 2022 budget, and corresponding appropriations, by the State General Assembly.

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