ComEd Ordered To Refund $36.7 Million To Customers

CHICAGO (CBS) — The Illinois Commerce Commission has ordered ComEd to refund $36.7 million to its customers.

As WBBM Newsradio’s Steve Grzanich reports, the ICC says ComEd wrongly inflated consumer electricity rates in its decision, which follows the agency’s appeal of a 2007 rate case.

In 2010, the Illinois Appellate Court ruled in favor of consumer advocates, who argued the ICC made a mistake in allowing ComEd to account improperly for depreciation of assets such as trucks and poles.

After losing the appeal, Commonwealth Edison contended the Appellate Court had not directly ordered a refund for consumers. But the ICC disagreed, going against a proposed order from an administrative law judge who contended a refund was not necessary.

Consumer advocates say the decision sets a new precedent going forward in Illinois. For example, ComEd’s request in its most recent rate case was reduced at the ICC by more than half.

LISTEN: WBBM Newsradio’s Steve Grzanich reports

(TM and © Copyright 2012 CBS Radio Inc. and its relevant subsidiaries. CBS Radio and EYE Logo TM and Copyright 2012 CBS Broadcasting Inc. Used under license. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed. The Associated Press contributed to this report.)

  • miz blake

    Yeah…….They are constantly increasing rates and cheating the customers at the same time……I am glad the covers were pulled off their AZZES……I.INFLATING……….

  • E M R L

    Quinn you fool you signed the law granting the increase and history has shown they never ONCE told or presented the truth to it’s customers or the public always asking for raises when actually sitting on billions! Illinois the land of the best politicans money can buy!

  • WetNurse

    This will amount to about a .50 cent credit per customer I’m guessing when all is said and done.

    • Toonces

      Cool! South of France here I come!

    • Truth

      It comes to roughlt $9.66 cents to each person based on rough estimates that comed has 3.8 million customers in Illinois.

  • Another day in corrupt Chicago

    More corruption…

  • Jmason

    You will not see one cent of the refund. ComED will come up away to use the refund to help some people to pay there bills. The ones that pay the money wouldn’t see a cent. THAT WAY COMED GET THE MONEY.

  • Percy

    If you would like to save money on your electric bill and support clean renewable energy go to and you can not only save money but have the company pay your bill if you refer them to others. I live in Flossmoor and I don’t pay a bill anymore. Great company

    • Truth

      A slong as its not turbine or solar power thats great but those 2 do not supply enough to meet demand and the cost to set up is very high.

  • Chicago Daily Observer » Blog Archive » ComEd Ordered to Refund Customers $36.7M

    […] ComEd Ordered To Refund $36.7 Million To Customers [CBS Chicago] […]

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