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3 Percent ComEd Rate Hike May Be Coming

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ComEd Power Yard

A ComEd power yard. (Credit: CBS)

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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.

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