When Judy Cashen got the call from ComEd last Thursday morning announcing the summer’s first Peak Time Savings Hours, she jumped into action. The retiree, who lives in Chicago’s Pullman Historic District, turned off her air conditioning unit in order to earn credit back on her bill for cutting energy…...
CUB launches free calculator to help you save!
The electric market just ain’t what it used to be. Proof? A recent ICC report shows that customers with ComEd, the regulated utility, saved $73.4 million more than customers with alternative electric suppliers from May 2014 to May 2015,. That’s a far cry from just two years ago, when consumers saved…...
Electric competition: Not the money saver it once was
The times are a’changing. When electric competition began in northern Illinois, it seemed like a sure bet for savings. ComEd’s price at the time was high and electric customers could easily find deals by shopping the market of unregulated suppliers. But the era of easy savings is over, for now, in…...
Big Mistake: Spark Energy sends erroneous letters to suburban consumers
CUB wants to set the record straight about erroneous information Spark Energy has mailed to some Chicago-area residents. The Journal & Topics Newspapers reported that Buffalo Grove put out a news release about the alternative electricity supplier’s “false aggregation notice.” And Arlington Heights resident and CUB Litigation Director Julie Soderna…...
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…...
New power prices in Illinois
Summer is around the corner, bringing with it warm days, sunshine, flowers, and…new electric rates. ComEd customers can breathe a little easier starting June 1, as the utility’s price to compare will drop to 7.04¢/kWh through Sept. 30. That’s a decrease of about 7 percent from the current rate (7.572¢/kWh). Ameren…...
Editorial roundup: the battle to protect electric customers in Springfield
Springfield is abuzz with two very different pieces of energy legislation, one that could help electric customers and another that could hurt them. One is the Illinois Clean Jobs bill (House Bill 2607/Senate Bill 1485), which would increase energy efficiency and renewable energy standards in Illinois. A CUB analysis found that the…...
Chicagoans return to ComEd this fall
The City of Chicago has decided to end its two-year power deal with Integrys Energy Services—the largest of its kind in the country—after determining that residents would no longer save on their electric bills. Customers will return to ComEd, the regulated utility, starting September 2015. The City’s deal expires in May 2015, but…...
Utilities stand in the way of money-saving pricing plans
If there was a program that could reduce demand on the power grid AND lower your electric bills AND cut harmful pollution, you would think that was a pretty good plan, right? The big electric companies disagree. CUB recently asked state regulators to explore the idea of ComEd and Ameren offering an optional…...
