Federal regulators recently ordered changes to a yearly electricity auction that last summer sparked a 30 percent increase in power prices in Central and Southern Illinois. Now, it’s time to demand your money back for the egregious prices! Every year, the power grid operator in Central and Southern Illinois and 14 other…...
Higher electric bills again?
Here we go again. For the second time in less than a year Illinois consumers—first in Central and Southern Illinois and now in Northern Illinois—face significantly higher electric bills because of a flawed power-pricing system. And while electric customers will take the hit, big power generators like Exelon, NRG and…...
Statement: CUB Executive Director David Kolata on today’s capacity auction results
For the second time in less than a year consumers in the state—first in Central and Southern Illinois and now in Northern Illinois—face significantly higher electric bills because of a flawed power-pricing system. Illinois’ electricity market is not working well for consumers. This price spike is one more red flag…...
