Chicago considers municipalizing ComEd – Utility Drive

"Chicago has an opportunity to define its energy future," said Alderman Carlos Ramirez-Rosa, one of the sponsors of the measure to study municipalizing ComEd, in a statement. "[T]hrough municipalization Chicago could accelerate decarbonization, and implement a progressive rate structure that ensures better rates for working-class Chicagoans."
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NB-Chicago
6 years ago

All these chicago progressive are getting there ideas from California and other lib states where low & middle income folk can no longer afford to live…rosa crazy idea is part of a bigger eco crazy idea to ban natural gas and heat are homes in a chicago winter w solar panels & wind power. How would bankrupt chicago ever pull off purchasing all of comeds exisisting infrastructure??.
The Guardian: Berkeley became first US city to ban natural gas. Here’s what that may mean for the future.
https://www.theguardian.com/environment/2019/jul/23/berkeley-natural-gas-ban-environment

debtsor
6 years ago
Reply to  NB-Chicago

” How would bankrupt chicago ever pull off purchasing all of comeds exisisting infrastructure??.”

They would just take it, then declare that the infrastructure is ‘legacy’ in today’s post-fossil fuel environment and thus has no value, so there is no need to pay for it.

MikeH
6 years ago
Reply to  debtsor

Not to mention, how high are rates likely to be when they switch to non-efficient means of power generation? (i.e. every form of power they’re in favor of)

debtsor
6 years ago

Progressive rate structure. Will I have to file my tax return with the ComEd every year to set my rates? And will there be retroactive increases too? Like if I had a good year, will ComEd come back and ask for more money a year later after I’ve already paid the bill? This is insanity – where two different people are paying for the same municipal service but paying different prices because of differing incomes. That means ComEd is now a tax – and not a utility. Leave it to the progressives to find a way to turn a necessity… Read more »

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