The last 24 hours have been a whirlwind of electricity-related developments. We’ve got some good news and bad news for Illinois consumers. First, the good. We’ve been saying for years that efficiency pays— and now we have the proof. A CUB analysis released this morning shows that the Illinois Clean Jobs…...
IL energy, cable & phone companies made $17.7 billion in 2014
The parent companies of Illinois’ major electric, cable, natural gas and phone companies made a total of $17.7 billion in profits last year, according to a CUB review of recent filings with the Securities and Exchange Commission. Comcast: The cable, phone and Internet giant saw its 2014 profits top $8.4 billion…...
New boost? No way!
Recent survey results reveal that CUB Action Network members aren’t too keen on an Exelon proposal that could increase power bills by $300 million per year. Or, as one feisty member put it: “They are already ripping off the public with high rates. Enough is enough!” Crain’s Chicago Business reported last week…...
CUB/EDF propose an IL first: Community Solar
Power to the people, right on. -John Lennon Mr. Lennon would have appreciated the “community solar” proposal that CUB and the Environmental Defense Fund (EDF) have made before the Illinois Commerce Commission (ICC). The proposal would smash barriers that have kept families from enjoying the benefits of renewable energy. Imagine entire neighborhoods getting…...
Exelon proposes surcharge that would jack up ComEd, Ameren bills by an estimated $300 million/year
For more than a year now, we’ve been hearing rumblings that ComEd-parent Exelon would push for some type of legislation that would boost revenue for its fleet of nuclear plants. Now, Illinois’ largest energy company has gone public. As Crain’s Chicago Business reported earlier this week, the giant wants to…...
Keeping up with $1.6 billion in Illinois rate-hike battles
Consumer wallets took a big hit in January, with four utility rate increases–and a new $53 million natural gas rate-hike request. On Jan. 1, ComEd and Ameren were awarded a combined electric rate increase of $436 million (about $232 million for ComEd and $204 for Ameren). CUB filed a “petition for…...
“Now is the time for Time-of-Use pricing”
Today, CUB and the Environmental Defense Fund (EDF) urged ComEd and Ameren to offer optional “Time-of-Use” pricing plans in Illinois. Such plans would reward energy-efficient customers for shifting electricity use away from “peak” hours–when demand is high, prices skyrocket, and power plants produce the most pollution. These plans would not only save individual…...
Bracing for winter? CUB is!
At CUB we’re preparing for another busy winter. Are you ready? In the first half of 2014, CUB’s crew handled 2,507 complaints/inquiries from gas and electric customers reeling from polar vortex price spikes. That’s a 79 percent increase from the previous year. Despite this week’s burst of winter, the cold season isn’t…...
Enrollment for Peak Time Savings is Quick and Easy
CUB Director of Governmental Affairs Bryan McDaniel walked us through how to sign up for Peak Time Savings (PTS). PTS is a free program for ComEd customers with digital smart meters that credits customers for reducing electricity usage on certain high-demand summer days. Enrollment is quick and painless. Take a…...
