ComEd Electric Rate Hike

CHICAGO (AP) -- ComEd is asking state regulators to approve a rate increase to offset the cost of repairing and modernizing its system.

If the increase is approved by the Illinois Commerce Commission, residential customers would see an 8 percent increase on their bills, or an extra $6 added to a typical $75 monthly bill.

Last year, the ICC shot down all but a fraction of ComEd's request for a 20 percent increase in delivery rates. And this summer, ComEd agreed to roll back a separate rate increase instituted after a 10-year rate freeze ended in January.

ComEd serves 3.7 million customers across northern Illinois.

Comments are posted from viewers like you and do not always reflect the views of this station.
powered by Disqus