3 Percent ComEd Rate Hike May Be Coming

CHICAGO (WBBM) — If the Illinois Commerce Commission goes along with the recommendation of its judge, your ComEd bill will soon go up by about 3 percent.

WBBM Newsradio 780’s Regine Schlesinger reports a consumer watchdog group thinks the hike is not justified.

LISTEN: Newsradio 780’s Regine Schlesinger reports

An administrative judge recommended the ICC allow ComEd a rate increase of $166 million, about half what the utility is requesting.

Citizens Utility Board spokesman Jim Chilsen says his group is gratified the judge slashed the request, but thinks a 3 percent hike is still too much.

“ComEd is so healthy that it should be giving its customers a $40 million rate cut,” Chilsen said.

The ICC staff had recommended a $103 million rate hike. After an 11-month review, the full commission is due to rule on the ComEd request sometime before May 24.

  • Luiz

    In this economy and the wealthy ComeEd company is going to raise our rates . What a bunch of rats sheesh thanks ComEd thanks for helping out our Illinois tax payers in our hour of need. CUB Jim Chilsen is absolutely right in criticizing ComEd who are bunch of fat cats whose workes make way over what their salaries should be, I’m just disgusted that the Illinois resident have just take it because we have no choice.

  • total BS

    Yes! ComEd can become one of them :
    Citigroup: $4 billion in profits
    Bank of America: $4.5 billion in profits
    Chevron: $10 billion in-profits
    ConocoPhillips: $16 billion in profits,
    Exxon Mobile: $19 billion in profits,
    General Electric; $26 billion dollars in profits, (over the past five years)

  • Rob

    They are probably asking for the rate hike since their corporate taxes just went up in this state. They are trying to pass on the added cost to the customer. Thanks, ComEd. Thanks Governor Quinn, you POS!!!!

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