As of June 1, ComEd’s electricity rate shot up 38 percent, to about 7.596 cents per kilowatt-hour (kWh). And the prices offered by unregulated power suppliers competing against ComEd are going up too. To paraphrase Dorothy: “Toto, I don’t think we’re in the same electricity market anymore.” Whether you’re with…...
ComEd and Ameren summer rates
Summer is around the corner and temperatures are finally on the rise. But before you start cranking that AC, check out the new summer rates from your regulated electricity supplier. ComEd announced several weeks ago that its rate will jump from 5.5 cents per kilowatt-hour (kWh) to 7.596 cents per kilowatt-hour (kWh) starting…...
Brutal April: Ameren, ComEd ask for $481 M in electric rate hikes
We knew these rate-hike requests were coming, but they still hurt. In April, ComEd and Ameren have asked for a total of $481 million in rate hikes, which would take effect in January 2015. Here’s CUB’s statement: “This month, Ameren and ComEd have filed for $481 million in electric rate hikes—about…...
You’ll need an aspirin for these headaches
At CUB, we couldn’t do the work we do—saving individual consumers hundreds of dollars on their utility bills, advocating for consumer protections in Springfield, and fighting rate-hike hungry energy companies—without support and input from our members. That’s why we sent a survey out last November asking you to rate your…...
Put up your dukes: Time to take on rate hikes
In 2014, CUB is fighting more than half-a-billion dollars in rate-hike battles from ComEd, Ameren, Peoples Gas and North Shore Gas (see the chart below). In response, we’ve established an emergency Consumer Defense Fund and we have a challenge for you: Help us raise $50,000 by April 30th to cover…...
Municipal aggregation referenda results
Residents in 82 communities or counties have voted on whether they want local leaders to negotiate their power prices with ComEd or Ameren competitors. Here’s an example of the referendum: Shall the (Name of county/municipality) have the authority to arrange for the supply of electricity for its residential and small…...
