Exelon, Ameren cruise
Here’s a rundown of the profits raked in by ComEd’s parent company, Exelon, this decade. Remember this when you hear ComEd talk about how much it needs a $361 million rate hike:
2001: $1.4 billion; 2002: $1.6 billion; 2003: $1.7 billion; 2004: $1.9 billion; 2005: $2.1 billion; 2006: $2.2 billion; 2007: $2.9 billionĀ
Ameren wants a $247 million rate hike. That company’s doing quite well also and apparently raked in record profits last year:
2000: $457 million; 2001: $469 million; 2002: $382 million; 2003: $475 million; 2004: $530 million; 2005: $628 million; 2006: $547 million; 2007: $690 million