(800) 669-5556

Blog

New electric rates for ComEd customers

With the new year comes new electric rates for Illinoisans.

The Illinois Commerce Commission has approved a $127.5 million ComEd delivery rate hike. The 5 percent increase took effect Jan. 1 and is expected to raise average bills (660 kilowatt-hours a month) by $2.

CUB is challenging the rate hike before the Illinois Commerce Commission, but we could use your help. ComEd’s original rate-hike request was cut by about $10 million, but a new issue has emerged, and regulators are rehearing parts of the case that could mean additional $17 million reduction. Send a message to regulators to reduce the hike!

There are generally 3 parts to your monthly electric bill: The supply side, the delivery side and taxes.

Delivery charges, which cover the costs of getting electricity to your home, are proposed by Ameren and ComEd and set by the Illinois Commerce Commission (ICC) after an eight-month yearly review. The cost of the actual power (the supply charge) that ComEd and Ameren send to their customers is market-based and is determined after a power-buying process managed by the Illinois Power Agency. (For supply, customers also can choose an alternative company to provide their power.)

So, what are the new rates? See below:

New ComEd supply rate (through May):

 6.318 cents per kilowatt-hour (kWh) 

(Note: This is the price you compare to any alternative supplier offer.)

New ComEd delivery rates (through December):

» Single family homes without electric heat

Monthly Customer Charge: $11.21/month (formerly $10.53/month)

Distribution Facilities Charge: 3.505¢/kWh (formerly 3.171¢/kWh)

Standard Metering Charge: $4.70/month (formerly $4.38/month)

» Multifamily homes without electric heat

Monthly Customer Charge: $8.13/month (formerly $7.60/month)

Distribution Facilities Charge: 2.798¢/kWh (formerly 3.203¢/kWh)

Standard Metering Charge: $4.70/month (formerly $4.38/month)

» Single Family homes with electric heat

Monthly Customer Charge: $12.86/month (formerly $11.96/month)

Distribution Facilities Charge: 1.762¢/kWh (formerly 1.882¢/kWh)

Standard Metering Charge: $4.70/month (formerly $4.38/month)

» Multifamily homes with electric heat

Monthly Customer Charge: $8.70/month (formerly $8.09/month)

Distribution Facilities Charge: 1.768¢/kWh (formerly 1.989¢/kWh)

Standard Metering Charge: $4.70/month (formerly $4.38/month)

Post a comment

%d bloggers like this: