We thank the Illinois Commerce Commission (ICC) for approving a $17.5 million Commonwealth Edison rate cut. This is good news for ComEd customers. While building a more reliable power grid is a major undertaking, ComEd’s customers shouldn’t have to pay a penny more than what the utility can justify. This rate reduction is small but welcome relief.
ComEd customers who want to send a thank you message to the ICC for this ruling can do so with
*On Wednesday, March 22, the Illinois Commerce Commission (ICC) approved a $17.5 million ComEd rate cut.
*The reduction is connected to a rehearing of a portion of a 2016 case in which ComEd received a $127.5 million delivery rate hike.
*The rehearing, agreed to by all parties, is tied to a reduction in employee bonuses after ComEd adjusted its reporting procedures to the federal Occupational Safety and Health Administration (OSHA).
*The rate cut affects delivery charges—what all customers pay to have the electricity delivered to their homes. Those charges take up about a third to a half of the bill.