A coalition fighting state legislation that would set utility rates by formula will hold a rally at 1 p.m. Monday at Trinity United Church of Christ on the South Side. Get the full story »
ComEd
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ComEd takes licks at rate hike public hearing
Commonwealth Edison faced a tough room Thursday at a public hearing to discuss the utility’s request for rate hikes that would add $5 a month to the average customer’s electricity bill.
“It couldn’t come at a worse time. When you have the economy as it is and these unemployed people, where’s the money going to come from?” said apartment building owner and Lansing resident James Kimbrough. Get the full story »
Testimony begins on utility rates, smart grid
Springfield – Consumer advocates, environmental groups, utilities, government officials and business leaders laid out their wish lists Tuesday for legislation aimed at modernizing the electrical grid, signaling that a version of the bill with added protections for consumers and businesses could have a future in Springfield.
The testimony at a joint hearing of the House Public Utilities and the Senate Energy committees will ultimately be used to hash out the details of Commonwealth Edison-backed legislation that calls for an overhaul of the regulatory process used to set utility rates. Get the full story »
Quinn to carmakers: State’s ready for electric cars
Standing in front of a fast-charging station at the Chicago Auto Show, Gov. Pat Quinn called on automakers to bring electric vehicles to the state in light of charging infrastructure planned for the Chicago area.
“We’re going to have electric vehicles galore in the state of Illinois,” he said. “We want to be the nation’s capital for electric vehicles.”
In announcing that Chicago has signed a contract to have 280 charging stations installed in the area, Quinn said the infrastructure will go a long way toward making the state’s environmental goals a reality. Get the full story »
ICC move opens state to more electric utilities
This time last year, Chicagoans had just one choice when it came to their electricity supplier: Commonwealth Edison. As of this week, they have four choices and could see more, thanks in part to a recent Illinois Commerce Commission decision that allows alternative electric suppliers to bill customers through ComEd.
The ruling makes it easier for alternative electricity suppliers to compete here because they don’t have the expense that comes with billing customers. Customers who choose to purchase their electricity through another supplier receive a single bill that includes the charges from the company that supplies the electricity and from ComEd for delivering it. Get the full story »
ComEd to renew push for automatic rate hikes
Commonwealth Edison Co. is pushing for legislation that would increase gas and electric bills according to a formula, rather than through the more complicated regulatory process used today.
The company said a more streamlined regulatory process would allow it to quickly and predictably recoup investments aimed at modernizing the electrical grid rather than having to wait the 11 months needed to decide a rate case. A similar proposal ComEd brought forward last year that did not include the state’s other utilities, flamed out with lawmakers.
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