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…...
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…...
