Ameren Illinois is pushing to raise its profit rate for shareholders to a higher level than any other Illinois utility seeking a rate increase, the Citizens Utility Board (CUB) revealed Monday, as it urged regulators to slash the proposal by at least $59.2 million. “Ameren’s push to increase gas bills…...
CUB testimony: State regulators should slash Nicor Gas’ record rate-hike request
Nicor Gas’ record $321 million rate-hike request includes an excessive profit rate for corporate shareholders and should be slashed by at least $106.5 million, according to expert testimony CUB filed Tuesday. (Read our news release.) “Nicor’s rate-hike request is unjust and unreasonable–it will only be a hardship for customers, and…...
Memo from the General Counsel: CUB’s consumer battles
By Julie Soderna, CUB General Counsel Below is a rundown of key consumer battles in our caseload. In summary, we helped reduce utility rate hikes by a total of $85 million, and we helped negotiate $2 million in refunds and energy assistance from three alternative suppliers accused of violating state…...
February 2019: CUB’s top battles
General Counsel Julie Soderna and Senior Attorney Kelly Turner and the rest of the CUB team have these battles on their to-do list in 2019: Most people don’t know that out-of-state energy corporations like NRG and Vistra are on the verge of convincing federal regulators to change electricity market rules.…...
Spring report from CUB General Counsel Julie Soderna
By Julie Soderna, CUB General Counsel Just wanted to give you an update. The CUB staff and I are swamped with these battles in 2018: Fighting plans pushed by giant power generators to change electricity pricing rules in Washington and potentially raise ComEd bills by hundreds of millions of dollars.…...
- 1
- 2
