When a ComEd rate cut is actually a rate hike – Crain’s

The commission yesterday approved a $17 million reduction in ComEd’s delivery rates as requested by the utility. In a release, ComEd delivered the good news, saying the average residential customer would see their monthly electric bill decline by 60 cents next year. But the release didn’t tell the whole story. ComEd’s net rates actually will climb by $33 million next year thanks to a move late last month to boost ComEd’s customer charge by $50 million for the energy-efficiency programs it administers. That Nov. 26 ICC ruling wasn't the subject of any ComEd press release.