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Power play: ComEd rates are on the rise

15 Jul 2010 11:58 AM | Deleted user
Commonwealth Edison customers will see an increase of about $9 to monthly bills effective immediately.

The Illinois Commerce Commission said electricity bills include charges for electricity and charges for delivering power. The end user cost increase is the result of changes in the wholesale price of electricity in the market. The ICC does not regulate or set the price of electricity; the ICC reviews and sets the price of the utility's delivery services.

"This is the price of electricity, which is changed every spring," Beth Bosch of the ICC told The Times.

Jeff Burdick, ComEd company spokesman, said ComEd does not procure the electricity, the Illinois Power Agency does on behalf of ComEd and the cost is passed on to the consumer without markup. (read full article)

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