December 24, 2024

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$606M rate increase approved for ComEd’s revised energy plan by state regulators

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State regulators have approved an amended version of ComEd’s multi-year grid plan, which will increase customers’ electricity rates by $606 million over the next four years. On Thursday, the Illinois Commerce Commission approved $1.5 billion in investments and system improvements "needed to strengthen power grid reliability and support the ongoing electrification of the state’s power system," according to an ICC news release.
READ MORE: https://wgntv.com/news/illinois/606m-rate-increase-approved-for-comeds-revised-energy-plan-by-state-regulators/

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