State regulators once again flex muscle in rejecting utilities’ grid plans, lessening rate hikes – Capitol News IL

The Illinois Commerce Commission on Thursday curtailed proposed rate hikes and rejected grid plans from two major electric utilities, mirroring a series of bombshell decisions rendered last month that cut increases for Illinois’ four largest gas utilities. ICC Chair Doug Scott said the plans had “significant shortcomings” and failed to meet the minimum standards set out by Climate and Equitable Jobs Act, including by failing to adequately address how the plans would benefit low-income communities. He also said the planning process lacked transparency among other criticisms.