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About ILEPA
PURPOSE
The Illinois Energy
Professionals Association (ILEPA) is a self-regulating
body aimed at standardizing processes and ensuring agents,
brokers, and consultants (A/B/C) maintain an acceptable
level of market knowledge and responsibility while transacting
in the marketplace. Members of the A/B/C indirect sales
channel community have come together with a common goal
to provide a forum for developing common interests and
upholding the integrity and maintaining the honor in
the business of the deregulated retail energy market
in Illinois.
BACKGROUND INFORMATION
In any new and emerging
market, there are often a plethora of new market
participants which transact in the new market.
Until October 12, 2007 there are no state
mandates regulating these A/B/C third-party sales channels
and even now there is no real baseline established as to how customers, indirect
sales representatives, and suppliers are to interact
in the marketplace. This has produced a need for an
organization such as ILEPA. The charter members of this
organization are representatives from companies committed
to furthering the deregulated retail energy market
in Illinois; these companies have worked together to define
the core values of the organization. This includes the
"Code of Conduct," standardization of applicable forms
and materials, and other items which characterize the
organization.
ETHICAL STANDARDS
No part of the
net earnings of the organization will benefit any
private shareholder or individual and this association is not organized
for profit. It will be primarily supported by membership
dues and other income from activities related to its
purpose.
No part of the net earnings
of the corporation shall inure to the benefit of, or
be distributable to its members, trustees, officers,
or other private persons, except that the corporation
shall be authorized and empowered to pay reasonable
compensation for services rendered and to make payments
and distributions in furtherance of the organizations
purposes. No substantial part of the activities of the
corporation shall be the carrying on of propaganda,
or otherwise attempting to influence legislation, and
the corporation shall not participate in, or intervene
in (including the publishing or distribution of statements)
any political campaign on behalf of or in opposition
to any candidate for public office. Notwithstanding
any other provision of these articles, this corporation
shall not, except to an insubstantial degree, engage
in any activities or exercise any powers that are not
in furtherance of the purposes of this corporation.
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