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.

SIGN UP HERE FOR FREE WIREPOINTS DAILY NEWSLETTER

Home Page Signup
First
Last
Check all you would like to receive:

FOLLOW US

 

WIREPOINTS ORIGINAL STORIES

Number of half-empty Chicago public schools doubles, yet lawmakers want to extend school closing moratorium – Wirepoints

A set of state lawmakers want to extend CPS’ current school closing moratorium to February 1, 2027 – the same year CPS is set to transition to a fully-elected school board. That means schools like Manley High School, with capacity for more than 1,000 students but enrollment of just 78, can’t be closed for anther three years. The school spends $45,000 per student, but just 2.4% of students read at grade level.

Read More »

WE’RE A NONPROFIT AND YOUR CONTRIBUTIONS ARE DEDUCTIBLE.

SEARCH ALL HISTORY

CONTACT / TERMS OF USE