NEWS YOU SHOULD KNOW…
ComEd (IL) to raise electric delivery rates by 11 percent
Commonwealth Edison got the go-ahead in mid-Dec to raise delivery rates by 11 percent to help pay for a $2.6 billion grid modernization effort. The $245 million increase in electric delivery costs was reflected starting with your January electric bills.
ComEd this year added about $5.50 per month to the average customer bill to pay for grid modernization. The increase approved by Illinois Commerce Commission on December 10, 2014 will add $2 to $3 on top of the earlier increase to the average monthly bill.
Customers in ComEd’s service area pay the increase in rates regardless of which company supplies their electricity. That’s because the money will be used to pay for the grid modernization project, not the electricity itself.
For more information please visit:
For additional questions or concerns, you can also contact the IEC Program Administrators for assistance:
NextEra Energy Services (electric program) Allison Mundy at 713.470.0418
Constellation NewEnergy (gas program) Liz Peronto at 888.579.6600
Additional information and suggestions will be posted as available at www.illec.org.