CUB today is releasing a report that shows how Illinois’ electricity market has become more confusing, more expensive, and more treacherous in just the last 12 months. And the watchdog is concerned that consumers who are seeing headlines about summer rate hikes will get scared into bad deals. “Right now,…...
Breaking: ComEd power price to increase 38% June 1
ComEd’s residential energy rate is set to rise 38 percent from 5.52 cents per kilowatt-hour (kWh) to 7.596 cents per kWh on June 1. (See ways you can soften the rate hike below.) Crain’s Chicago Business reports that the average household bill will increase about 20 percent, to $82 per month because of…...
Pay-to-play for Internet?
Comcast, Verizon, and other telecommunications conglomerates want to make the Internet open to the highest bidder, and it’s time to say no. On May 15, FCC Chairman Tom Wheeler will propose new Internet rules that could have a major impact on “net neutrality”– the idea Internet Service Providers (ISPs) cannot discriminate…...
Report: ComEd parent says no to Illinois nuke bailout
According to a published report, ComEd-parent Exelon says it will NOT seek a state bailout of its nuclear power plants. (CUB Executive Director David Kolata had earlier described a full-fledged bailout as “radioactive” for consumer pocketbooks.) But the news is tinged with uncertainty, since consumer advocates wonder if the door…...
What’s your worst utility bill?
2014 has already been a rough year for consumers. Natural gas price spikes. Brutal electric rate-hike requests. Ominous cable mergers. It’s enough to tear your hair out! CUB is ready to crown Illinois’ most hated bill, and needs your input. What’s your biggest utility bill headache: Electric? Gas? Phone? Cable? Vote by noon…...
