Don’t let rate hikes—and April showers—put a damper on your spring. With a donation of $25 or more, you’ll receive a special CUB umbrella (emblazoned with the CUB bear) to protect yourself from higher rates—and pesky thunderstorms. It’s a great way to ring in spring—and support CUB! Your donation will help…...
Keeping up with $1.6 billion in Illinois rate-hike battles
Consumer wallets took a big hit in January, with four utility rate increases–and a new $53 million natural gas rate-hike request. On Jan. 1, ComEd and Ameren were awarded a combined electric rate increase of $436 million (about $232 million for ComEd and $204 for Ameren). CUB filed a “petition for…...
They made how much?
We’re fighting the utilities in nearly $1 billion in rate-hike battles, but a review of their parent companies’ 2nd quarter earnings would have more than a few Illinois consumers scratching their heads as to why the companies need all that extra cash. The parent companies of ComEd, Peoples Gas, North Shore Gas,…...
Which company grinds your gears?
Over 30 years of service, we have seen all sorts of utility mischief: sky-high bills, unresponsive customer service, confusing rates. And in a year of astronomical prices and frequent rate-hike requests, we know there’s still plenty to complain about. So here’s your chance to air it out: In honor of CUB’s 30th anniversary, we’re…...
How the Wisconsin Energy-Integrys deal benefits Chicago customers: (crickets)
The headline in Crain’s Chicago Business says it all: What’s the sale of Integrys do for Chicago? Not much Yesterday, Wisconsin Energy announced that it was buying Integrys, the parent company of Chicago-area utilities Peoples Gas and North Shore Gas, in a $9.1 billion deal. But for a company pulling…...
Big deal! Peoples/North Shore parent to be gobbled up for $9 billion
Wisconsin Energy Corp announced this morning that it plans to purchase Integrys Energy Group, Inc.– parent company to Peoples Gas and North Shore Gas– for $9.1 billion. The combined company will serve 4.3 million electric and gas customers across Illinois, Wisconsin, Michigan and Minnesota. The deal is set to close in…...
Municipal aggregation ain’t what it used to be
Want to see just how drastically Illinois’ electric market has changed? Take a look at what’s happening to “municipal aggregation.” Aggregation is where local leaders negotiate power prices with alternative suppliers on behalf of their residents. A few years ago, it was an almost-universally great idea for communities. In fact, in…...