Summer is around the corner, bringing with it warm days, sunshine, flowers, and…new electric rates. ComEd customers can breathe a little easier starting June 1, as the utility’s price to compare will drop to 7.04¢/kWh through Sept. 30. That’s a decrease of about 7 percent from the current rate (7.572¢/kWh). Ameren…...
Editorial roundup: the battle to protect electric customers in Springfield
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…...
Chicagoans return to ComEd this fall
The City of Chicago has decided to end its two-year power deal with Integrys Energy Services—the largest of its kind in the country—after determining that residents would no longer save on their electric bills. Customers will return to ComEd, the regulated utility, starting September 2015. The City’s deal expires in May 2015, but…...
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…...
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…...
New boost? No way!
Recent survey results reveal that CUB Action Network members aren’t too keen on an Exelon proposal that could increase power bills by $300 million per year. Or, as one feisty member put it: “They are already ripping off the public with high rates. Enough is enough!” Crain’s Chicago Business reported last week…...
CUB/EDF propose an IL first: Community Solar
Power to the people, right on. -John Lennon Mr. Lennon would have appreciated the “community solar” proposal that CUB and the Environmental Defense Fund (EDF) have made before the Illinois Commerce Commission (ICC). The proposal would smash barriers that have kept families from enjoying the benefits of renewable energy. Imagine entire neighborhoods getting…...
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…...
