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Even as Commonwealth Edison fights in Springfield for legislation that would set utility rates by formula and sharply undercut the authority of the Illinois Commerce Commission, at home, that same regulatory body is undercutting ComEd in its battles for rate increases.
Administrative law judges recommended that Commonwealth Edison Co. be allowed a rate increase of about 3 percent, or $166 million, less than half what the Chicago-based utility requested last June. Get the full story »
Commonwealth Edison has been padding customer bills to pay for improvements that are properly the utility’s burden, according to a Second District Appellate Court decision that could mean lowered utility bills for consumers.
The decision, handed down Friday, overturns a 2008 decision by the Illinois Commerce Commission that allowed the utility to pass on the costs associated with creating a “smart grid” to consumers, including a recently launched program to test smart meters as part of its “innovation corridor.” Get the full story »
