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ComEd’s $650 million power play

Utility watchdog

ComEd’s $650 million power play

As documented in our December, 2020 report, Guaranteed Profits, Broken Promises, ComEd built an unparalleled political influence operation to pass the 2011 Energy Infrastructure Modernization Act (EIMA), the law creating automatic “formula” rate hikes. Once built, ComEd continued to use its influence operation to win further windfalls for ComEd and Exelon. One of the best examples was when it returned to the Illinois General Assembly for more profits through a 2013 EIMA trailer bill. In our report, we calculated that this power play resulted in at least $400 million in additional profits for ComEd since the trailer bill passed in 2013, all paid for by ComEd’s customers. With new and additional analysis, we are updating our calculation to over $650 million.

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New report unveils Ameren Illinois’ playbook to stall rooftop solar in Illinois

Utility watchdog

New report unveils Ameren Illinois’ playbook to stall rooftop solar in Illinois

  Special interest groups are working in coordination with local utilities to stall the growth of rooftop solar here in Illinois, according to a new report released Thursday by Environment Illinois Research & Education Center and Illinois PIRG Education Fund. In Illinois, Ameren Illinois attempted to replace net metering, the policy used in 40 states, Washington, D.C., and some U.S. territories to ensure solar panel owners receive fair compensation for the clean energy they supply to the electric grid, with lower payments to solar owners.

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Year-end report: average Peoples Gas customer paid more than $130 in 2020 for pipe replacement program

Utility watchdog

Year-end report: average Peoples Gas customer paid more than $130 in 2020 for pipe replacement program

Peoples Gas released its fourth quarter report Tuesday on its troubled pipe replacement program. It shows that the average customer paid $11.67 per month over the fourth quarter -- more than ten times the $1.14 per month the legislature was told average customers would pay when it passed a law in 2013 allowing Peoples Gas to charge customers a surcharge to recover costs for the program. Over the course of the year, the average customer paid more than $130, which is 11 percent of their total bill, toward the troubled program.

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