Monthly Archives: May 2016

Con Edison’s residential prices are the highest charged by any major US utility

Con Edison’s residential prices are the highest charged by any major US utility — and that’s OK with the state of New York. Con Ed charged its electrical customers an average 26.99 cents for a kilowatt hour of electricity in 2013 — more than double the national average of 12.12 cents, new federal data show. Con Ed’s rates have been frozen since 2013, and state regulators are negotiating to keep them frozen through the end of 2016. But when the state Public Service Commission last week suspended talks about Con Ed’s request for a rate increase next January, it spared …Read more »

Chicagoland Residents Should expect a ComEd Rate Increase

ComEd, the utility serving the Chicagoland area, filed for a $275 million increase to fund smart grid expansion. If approved by Illinois, this request would go into effect in January of 2015, and add $3.00 to resident’s monthly bills. This ComEd rate increase is the second since 2012, and will mean that Illinois residents will be paying $8.5o per month more in 2015 than previously in 2012 for their distribution charges. Why? In 2011, Illinois passed The Energy Infrastructure Modernization Act to upgrade the grid, which could prevent extended outages and help residents understand their electricity usage in greater detail. …Read more »

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