What is capacity, and what does it mean for your ComEd bills? An unusual battle is shaping up before the Federal Energy Regulatory Commission (FERC), one that could undermine Illinois’ energy policy and send ComEd bills skyrocketing if out-of-state fossil-fuel generators get their way. Specifically, they want to change the…...
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…...
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…...
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