Chicago residents likely will be able to get cheaper electricity from an alternate supplier, after approving a measure allowing City Hall to negotiate cheaper rates on behalf of residents and small businesses.
Mayor Rahm Emanuel said Wednesday he’s backing efforts to buy electricity in bulk for the City of Chicago, possibly from a company other than ComEd’s parent firm.
Residents of 75 Cook County communities will have the chance next month to vote for lower electric rates. The process is known as “electricity aggregation” — and a 2007 state law requires voter approval.
A measure that would increase electricity rates for Illinois customers to help pay for grid modernization has finally made it to the governor’s desk after months of being in a legislative hold.
Gov. Pat Quinn is about to square off again against one of his favorite targets, ComEd, which wants to raise electric rates.
It seems everywhere you turn these days, some new electric company is trying to persuade you turn off ComEd and sign up with them. But will making the switch really save you money? CBS 2′s Dorothy Tucker reports.
Illinois state politics lived up to its rough-and-tumble nature Tuesday, as a state Senator accused another lawmaker of punching him.
The Illinois Senate approved a plan for raising electric rates to pay for one of the nation’s largest projects to modernize the power grid.
Your electric bill could go up if the Illinois State Senate and Gov. Pat Quinn go along with a bill passed by the state House.
The Illinois House approved a controversial measure Monday backed by Commonwealth Edison to raise electricity rates to pay for the modernization of its power grid, but there weren’t enough votes to turn back a threatened veto by Gov. Pat Quinn.
A growing number of suburban communities are trying to take advantage of deregulation in the electricity industry, which they say can save thousands on utility bills.
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