Springfield is abuzz with two very different pieces of energy legislation, one that could help electric customers and another that could hurt them. One is the Illinois Clean Jobs bill (House Bill 2607/Senate Bill 1485), which would increase energy efficiency and renewable energy standards in Illinois. A CUB analysis found that the…...
Utilities stand in the way of money-saving pricing plans
If there was a program that could reduce demand on the power grid AND lower your electric bills AND cut harmful pollution, you would think that was a pretty good plan, right? The big electric companies disagree. CUB recently asked state regulators to explore the idea of ComEd and Ameren offering an optional…...
Hey FERC: Investigate the rate hike!
Ameren customers recently received terrible news: Power prices will skyrocket June 1. It’s all because of an exponential increase in capacity costs—what consumers pay to ensure power plants are able to deliver electricity on the highest-demand days of the year. The average household could see electric bills rise by as much as $150 annually…...
Q&A about June 1 electric rate hikes in Central, Southern Illinois
Ameren customers, you could be in for a rate hike on June 1. Read this Q&A to get the latest details. What’s happening? Customers in Central and Southern Illinois who are paying Ameren Illinois’ electricity supply rates may see a significant increase in their power bills from June 1, 2015 through…...
Electricity updates: The good, the bad, and the ugly
The last 24 hours have been a whirlwind of electricity-related developments. We’ve got some good news and bad news for Illinois consumers. First, the good. We’ve been saying for years that efficiency pays— and now we have the proof. A CUB analysis released this morning shows that the Illinois Clean Jobs…...
IL energy, cable & phone companies made $17.7 billion in 2014
The parent companies of Illinois’ major electric, cable, natural gas and phone companies made a total of $17.7 billion in profits last year, according to a CUB review of recent filings with the Securities and Exchange Commission. Comcast: The cable, phone and Internet giant saw its 2014 profits top $8.4 billion…...
Exelon proposes surcharge that would jack up ComEd, Ameren bills by an estimated $300 million/year
For more than a year now, we’ve been hearing rumblings that ComEd-parent Exelon would push for some type of legislation that would boost revenue for its fleet of nuclear plants. Now, Illinois’ largest energy company has gone public. As Crain’s Chicago Business reported earlier this week, the giant wants to…...
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…...
