Ameren Illinois is pushing to raise its profit rate for shareholders to a higher level than any other Illinois utility seeking a rate increase, the Citizens Utility Board (CUB) revealed Monday, as it urged regulators to slash the proposal by at least $59.2 million. “Ameren’s push to increase gas bills…...
‘Rate-hike barrage’: Illinois utilities launch unprecedented campaign to raise rates by a combined total of $3.7 billion
CUB’s legal team faces an unprecedented challenge, as five of Illinois’ major utilities are asking for delivery rate hikes totaling $3.7 billion. Illinois consumers know how important this fight is–with the rising cost of living due to inflation, many of them face hard decisions. Nearly 34% of American households reduced…...
BREAKING: ComEd makes 4-year, $1.5 billion rate-hike request
ComEd will file with state regulators to hike its delivery rates by about $1.5 billion over four years beginning in 2024, Crain’s Chicago Business reported. In a statement, CUB promised to challenge the increase: “ComEd’s four-year, $1.5 billion request is terrible news on top of the record rate-hike requests that…...
