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BREAKING: CUB vows to fight ComEd’s $51 million rate-hike request

ComEd has announced it wants a $51 million rate hike.  Below is CUB’s statement from Executive Director David Kolata.

ComEd’s $51 million rate-hike request is bad timing, as an unprecedented number of consumers struggle to pay their utility bills during the pandemic. Our legal team will study ComEd’s rate-hike filing from top to bottom and we will challenge every penny of wasteful or unnecessary spending in the company’s proposal. ComEd’s  rate-hike request underscores the urgency of passing the Clean Energy Jobs Act (CEJA) this year. CEJA, the most pro-consumer energy bill in Springfield, offers a responsible plan to combat climate change, get Illinois to 100 percent clean energy and protect consumers’ utility bills. It also would launch the strongest utility accountability program of any legislation. CEJA would require ComEd to give customers a refund for its corruption scandal; it would replace the unfair formula rate system by which ComEd is now asking for a $51 million increase; and it would create an independent ethics monitor that would hold all utilities accountable to their customers. In short, CEJA adheres to Gov. J.B. Pritzker’s call for energy legislation that puts consumers and climate above utility profits. Our climate and our power bills demand strong clean energy legislation like CEJA.