The winter heating season is upon us, but while natural gas prices are up from last month, many utilities are charging less than they did last October. Still, there’s bad news from one of the state’s biggest utilities: Crain’s Chicago Business reports that winter bills for Peoples Gas, which serves…...
New Power Prices for Ameren, ComEd Customers
As of October 1, ComEd and Ameren are updating their electricity supply prices to reflect non-summer pricing. According to the companies, these are the new Ameren and ComEd prices through May 2021: Ameren (for people living in Ameren’s geographic service territory) Usage of 0 to 800 kilowatt-hours (kWh): 4.542 cents per kWh*…...
CUB review: Many community power deals no longer money savers
There was a time when municipal aggregation–electricity deals that local leaders negotiate for residents of a community–secured savings for consumers, but a new CUB review has found that most deals are no longer beating the utility rate. As of July 31, just 78 of the 555 total active municipal aggregation deals in…...
Consumer losses from alternative electric suppliers exceed $1 billion
Illinois has reached a grim milestone in the history of electric competition in the state: Residential consumers have now lost more than $1 billion to alternative electric suppliers since 2015, according to a new report from the Illinois Commerce Commission (ICC). More than 1.67 million ratepayers are signed up with…...
Real-Time Pricing: Another way to save–just ask CUB staffers
Most people pay an electricity rate that only changes a few times a year, but real-time pricing offers a different way to pay for electricity. Instead of charging a standard price per kilowatt-hour, the utility charges program participants a supply rate that changes each hour. ComEd offers real-time pricing through…...
Consumer advocates fight for extended COVID-19 protections for utility customers
After a historic agreement between consumer advocates and Illinois’ major utilities, state regulators are now considering the most comprehensive COVID-19 utility relief measures in the country. This plan could serve as a national model for helping utility customers struggling to pay their bills during the worst economic crisis since the…...
Alert: Electricity prices change for Ameren, ComEd customers
The Citizens Utility Board on Monday alerted Illinois consumers to a change in electricity prices for the state’s two largest utilities: Ameren Illinois and Commonwealth Edison. As of June 1, both utilities switched to their summer “price to compare”—the rate customers should compare to alternative supplier offers. According to the…...
ComEd, Ameren file for electric rate decreases (yes, you read that right!)
Electric utilities ComEd and Ameren Illinois have both filed for rate decreases before the Illinois Commerce Commission (ICC)—$11.5 million and $45.3 million, respectively. Both requests will be reviewed by the Commission and decided on in December. ComEd’s cut, its third rate decrease in a row and fifth in 10 years,…...