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rate hike

Nicor wants a $208.5 million rate hike

BREAKING: Nicor Gas has filed for a $208.5 million rate hike. In a statement CUB said: Nicor Gas’ parent, Southern Company, made more than $2 billion in profits in 2016, so if the gas utility wants an increase it will have to prove that it needs one. CUB will give Nicor’s…...

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ComEd wants $138 M rate hike

ComEd today filed for a $138 million rate hike. CUB Executive Director David Kolata vowed to fight it: “CUB plans to carefully review ComEd’s proposal and do everything we can to eliminate wasteful spending and reduce the rate hike as much as possible. ComEd has launched historic improvements to the power…...

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Call in Day: Tell FERC to Investigate Price Hike in Central/Southern Illinois

Central and Southern Illinois residents witnessed a huge jump in electricity prices this summer  following an electric auction that gave power generators like Dynegy a windfall. We are calling on FERC to investigate the price spike to weed out any problems connected to how electricity prices are set in Illinois.   The agency…...

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Why Northern Illinois should care about the rate hikes in Central and Southern Illinois

Lately we’ve been discussing an Illinois electricity auction that sparked a 12-35% price spike for many Central and Southern Illinois customers. The spike was due to an increase in capacity prices—what consumers pay to ensure power plants can deliver electricity on the highest-demand days of the year.  Every spring, MISO (the…...

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June 1: The day a 30% increase in power prices took hold in Central, Southern IL

The fight against a 30 percent increase in power prices is heating up, just as the hike takes hold in Central and Southern Illinois. Here are the latest developments: The new prices took effect on June 1: 5.974 cents per kWh (zone 1) 5.911 cents per kWh (zone 2) 5.966…...

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IL Attorney General: Stop rate hikes in Southern and Central IL!

Let’s pump the brakes on these Ameren rate hikes. That’s the message coming loud and clear from the Illinois Attorney General’s office.  And it’s a message CUB wholeheartedly echoes. AG Lisa Madigan and consumer advocate group Public Citizen petitioned federal regulators yesterday to overturn a recent electricity auction that will lead to huge…...

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1,781CUB members say “Hands off my water bill!”

Think you should have to pay for a service you don’t receive? We don’t either— and 1,781 CUB Action Network members agree! But that’s exactly what big water companies want.  Senate Bill 1421 would give a big profit boost to the state’s two largest water companies: Illinois American Water and Aqua Illinois.…...

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Another Ameren rate hike?

Just when you think it couldn’t get any worse, Ameren drops this bombshell: a $110 million rate-hike request to ostensibly pay for upgrades to the power grid. CUB Executive Director David Kolata had this to say: If done right, Ameren’s power grid improvements have the potential to benefit all its…...

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Why are my rates about to go up?

  Power prices in Southern and Central Illinois are set to skyrocket June 1.  But what’s behind this huge increase?  Read CUB’s Q&A to find out and take a short poll rating the electric market. If you haven’t already, join the 1,000+ CUB Action Network members who have sent a message…...

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Hey FERC: Investigate the rate hike!

Ameren customers recently received terrible news: Power prices will skyrocket June 1. It’s all because of an exponential increase in capacity costs—what consumers pay to ensure power plants are able to deliver electricity on the highest-demand days of the year.  The average household could see electric bills rise by as much as $150 annually…...

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