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Rates (tax)

Q&A on ComEd and Ameren rate hikes

What happened? On Wednesday, the Illinois Commerce Commission (ICC) voted to give ComEd a $340 million electric rate hike. It also voted to give Ameren a $32 million natural gas increase. How much are rates going up? ComEd said the average household bill will see an increase of about $5.50…...

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5 things you should know about Ameren’s $45 million electric rate cut

Good news just in time for the holidays! The Illinois Commerce Commission (ICC) has ordered a $45 million rate cut for Ameren electricity customers. Key points about the decrease: When it takes effect: Jan. 1, 2014. What’s behind the change: It’s part of Ameren’s new “formula rate.” Back in 2011, the…...

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