People have been calling CUB wanting to know what ComEd’s new summer power price will be. We now know!
Crain’s Chicago Business was the first to report that the price is:
6.892 cents/kilowatt-hour (kWh)
What you need to know:
*If you are a ComEd supply customer—meaning if you are NOT with an alternative supplier—this is what you pay for the actual electricity you use beginning June 1. This is a 9 percent increase over ComEd’s current price of 6.318 cents per kWh.
*This is ComEd’s “price to compare.” Use this to compare rates with alternative electricity supplier offers. This price includes ComEd’s electricity price plus the “transmission services charge.”
*The supply part of your bill makes up a half to two-thirds of your costs. The rest is taken up by delivery costs. (See them below.)
ComEd’s delivery rates take up to a third or half of the electric bill and remain the same regardless of which company we choose to supply the electricity itself. (These rates reflect a recent $17.5 million rate cut.)
Single family homes without space heat
Monthly Customer Charge: $11.12/month (Down from $11.21/month)
Distribution Facilities Charge: 3.472 cents/kilowatt-hour(kWh)(Down from 3.505 cents/kWh)
Multifamily homes without space heat
Monthly Customer Charge: $8.06/month (Down from $8.13/month)
Distribution Facilities Charge: 2.772 cents/kWh (Down from 2.798 cents/kWh)
Single Family homes with space heat
Monthly Customer Charge: $12.75/month (Down from $12.86/month)
Distribution Facilities Charge: 1.744 cents/kWh (Down from 1.762 cents/kWh)
Multifamily homes with space heat
Monthly Customer Charge: $8.64/month (Down from $8.70/month)
Distribution Facilities Charge: 1.751 cents/kWh (Down from 1.768 cents/month)
Note: For all rate classes, the Standard Metering Charge was reduced from $4.70/month to $4.66/month.