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rate cut

ComEd, Ameren file for electric rate decreases (yes, you read that right!)

Electric utilities ComEd and Ameren Illinois have both filed for rate decreases before the Illinois Commerce Commission (ICC)—$11.5 million and $45.3 million, respectively. Both requests will be reviewed by the Commission and decided on in December. ComEd’s cut, its third rate decrease in a row and fifth in 10 years,…...

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Good news/bad news on Ameren bills

There have been major developments concerning your Ameren natural gas and electric bills. Here’s a summary: The bad news: Rate hikes! Earlier this year, Ameren filed for a $46.6 million gas rate hike before the Illinois Commerce Commission (ICC). Now, it also wants a $71.75 million electric hike. The increases…...

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Update: Illinois utilities sharing $350 million in tax savings with customers

CUB’s legal team and other consumer advocates were busy in the first few months of the year working to make sure Illinois utilities rightfully shared their newfound tax savings with customers. As a result, customers will see $350 million in lower rates. Due to legislation passed in Washington late last…...

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ComEd aims to reduce bills by $2/$3 per month

ComEd has announced plans to pass along to its customers about $200 million in savings from the new federal tax law. ComEd says the move, which requires Illinois Commerce Commission (ICC) approval, would decrease monthly bills for the average customer by about $2 to $3 per month. Crain’s Chicago Business points…...

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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…...

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Breaking: Good news, bad news for Illinois consumers

After a busy day at the Illinois Commerce Commission (ICC), ComEd customers received news that their rates are dropping by $66.5 million–but Ameren gas and electric customers got hit with a total of $150 million in rate hikes. Read CUB’s statements on the ComEd and Ameren decisions. In both cases…...

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