Statement By CUB Executive Director David Kolata On Exelon/ComEd Legislation

Contact:
Jim Chilsen, chilsen@citizensutilityboard.org, (312) 513-1784

CHICAGO, May 5, 2016—CUB is still reviewing the proposal, but at first glance this is a significantly better bill than Exelon and ComEd have introduced in the past.

The ComEd energy efficiency components are particularly beneficial for consumers and would give Illinois one of the strongest efficiency laws in the country. Also, the 50 percent reduction in the fixed-cost customer charge is a very positive development.

While several measures in the bill reflect productive discussions with the Illinois Clean Jobs Coalition and others, there is still significant work to be done relating to consumer protections, the role of Ameren, ensuring that there is a full and functional Renewable Portfolio Standard, and giving customers the tools to better manage their energy use.

Again, this is a step forward, but we’re not there yet. We look forward to working with all parties to find a path forward that is good for Illinois consumers and the environment.

(Note: For more background, read this Crain’s Chicago Business story.)

Created by the Illinois Legislature, CUB opened its doors in 1984 to represent the interests of residential and small-business utility customers. Since then, the nonprofit utility watchdog group has saved consumers more than $20 billion by helping to block rate hikes and secure refunds. For more details, call CUB’s Consumer Hotline, 1-800-669-5556, or visit CUB’s award-winning website, www.CitizensUtilityBoard.org.