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…...
Beware! New year, new electric rates
As of Jan. 1, the electric rates for both Ameren and ComEd customers have changed. For Ameren electric customers, rates have dropped about $14.5 million. However, CUB believes customers deserve an even bigger cut: a total of $22 million. That’s why the watchdog filed a petition of rehearing with the…...
Statement by CUB Executive Director David Kolata on passage of SB 2814
The Citizens Utility Board (CUB) is pleased that the Illinois General Assembly has passed Senate Bill 2814, the Future Energy Jobs Bill, and that Gov. Bruce Rauner has now signed the legislation. This is a good day for Illinois electric customers because with this legislation the state’s biggest energy companies…...
Tell legislators: Strong energy efficiency standards
Any day now, the Illinois General Assembly could be voting on major energy legislation. In Illinois we have a historic opportunity through this legislation to require utilities to dramatically expand their investments in energy efficiency, lowering our utility bills by at least $4 billion and helping to create tens of…...
Breaking: ComEd and Ameren have new power prices
As of Oct. 1, ComEd and Ameren Illinois are charging new electricity prices. ComEd: 6.388¢/kilowatt-hour (kWh) Ameren: 6.514¢/kilowatt-hour (kWh) for the first 800 kWh used; 4.776¢/kWh for usage over 800 kWh Why is it important to know this? Because the prices above are what you compare to any alternative supplier offer that is…...
ICC report: Northern Illinoisans losing money with alternative electric suppliers
By Sagar Dommaraju Northern Illinois consumers with alternative electricity suppliers have lost $188.6 million over the last two years, according to the Illinois Commerce Commission (ICC) in an annual electric competition report. The ICC’s Office of Retail Market Development said in its annual report that Illinois consumers with another supplier lost…...