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.

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  • by Larry Location: Rockford on Oct 17, 2007 at 03:53 PM
    Com.Ed. is going to get us one way or another. They are not concerned about the people in this area. It's all about earnings!
  • by Doug Location: Northern IL on Oct 17, 2007 at 12:19 PM
    They get an increase, then they have to give a portion of it back, and then they ask for another rate increase. So $6.00 refound that your going to get is going to going to another rate increase, if they get it approved.
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