The Illinois Commerce Commission has just approved a $67 million rate decrease, $17 million more than the $50 million decrease ComEd proposed. Because of the Energy Infrastructure Modernization Act (EIMA) or smart grid law, a 2011 statue that guarantees utilities a return each, has allow ComEd to secure more than […]
Smart Grid
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From Crain’s Chicago Business: Gov. Pat Quinn yesterday vetoed legislation to provide Commonwealth Edison Co. with about $70 million in additional yearly rate hikes over the next several years. The bill, which passed both chambers of the General Assembly by veto-proof margins, is expected to become law anyway. Both the […]