ComEd seeks record-high $1.5 billion rate hike over next 4 years

ComEd says that’s the cost of bolstering the region’s electric grid in a statewide effort to phase out carbon emissions and to protect the system from severe weather damage that’s becoming more common due to climate change.

4 comments

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hibearmate
hibearmate
83 · 14 days ago · Reddit

Why are energy companies private again?

they cut THEIR costs, not MINE

Myviewpoint62
Myviewpoint62
67 · 14 days ago · Reddit

They need the money to pay for all the legal fees and fines related to their political corruption.

Mike5055
Mike5055
34 · 14 days ago · Reddit

Maybe they should dip into executive compensation and retained earnings before hiking consumer rates...

Hah that will never happen.

IamMoe8868
IamMoe8868
5 · 14 days ago · Reddit

Not sure why when the double the rate in the winter and summer when folks need power the most. Why does the customer always get screwed from their mismanagement?