Utility Dive reported on the latest action — seven utilities (and AEE) urging a legislative committee to approve new Illinois Cloud Computing rules currently under review. They included a link to the letter to review committee leaders and AEE's filed comments about the rule. See excerpts below and the entire UD story here:
Seven Illinois utilities and Advanced Energy Economy (AEE) on Thursday asked state regulators to finalize accounting rules for cloud-based computing solutions. Current rules disincentivize some investments and have not kept pace with changes to technology, the utilities say. Those rules allow utilities to earn a rate of return on computing systems developed on-premises, but treat cloud-based systems as operating expenses. The Illinois Commerce Commission launched a rulemaking in December 2017 to consider the changes, citing a need to "level the playing field" between on-premise and cloud-based computing systems at a time when utilities focused on modernization are investing billions in new systems...
Robert Walton
Recent Posts
Utility Dive: Illinois Utilities Push Cloud Computing Rules to Remove Tech Investment Disincentive
Topics: United In The News
Utility Dive: Bipartisan Group of Lawmakers Proposes Extending Tax Credits for Electric, Fuel Cell Vehicles
This Utility Dive article highlights a measure by bipartisan lawmakers proposed to extend federal EV tax credits to reduce carbon emissions by supporting the development of EVs. AEE is mentioned as a supporter of this measure. See excerpts below and the entire Utility Dive story here:
A bipartisan group of lawmakers has introduced a measure to extend the federal tax credit for electric vehicle (EV) purchases, citing the need to reduce emissions and continue to support development of the emerging technology and clean energy economy.
Topics: United In The News
Utility Dive: Energy storage industry pushes for clarity on tax credit eligibility
Topics: United In The News
Utility Dive: 4 State Ballot Initiatives the Utility Sector Will Watch on Election Day
Topics: United In The News
Utility Dive: The energy sector is driving job growth, but not where you think
Topics: United In The News
Utility Dive: Cybersecurity and the distributed grid: A double-edged sword
Topics: United In The News
Utility Dive: Texas smart meter settlement could grow market for energy products
Topics: United In The News
Utility Dive story on Maryland's EmPOWER program quotes AEE member
Topics: United In The News