Saturday, February 16, 2013
The utility wants lawmakers to amend a 2011 rate-hike law to allow the utility to retroactively collect money for electricity already used.
The Illinois Senate Executive Committee unanimously approved a request by ComEd and Ameren to "clarify" a 2011 law that allowed the utilities to raise electricity rates, Illinois Public Radio reports. The clarification would allow the power companies to retroactively charge higher rates for the electricity you've already used, potentially raising up to $70 million for ComEd, according to Sun-Times Media. The 2011 law changed the formula used to determine charges. But the utilities say it didn't work as intended. They say regulators aren't letting them charge what they need. Now the companies are back, asking the legislature to pass another law, clarifying the old one. (Says) ComEd CEO Anne Pramaggiore: "Without it we are stalled in these…
Thursday, December 6, 2012
It's unknown how the bill will fare in the Illinois House.
The Illinois Senate on Tuesday approved legislation that could allow undocumented illegal immigrants to have driver's licenses. State Senators voter overwhelmingly in favor of Senate Bill 957, which would allow immigrants to receive a temporary visitor driver's license (TVDL) upon successful completion of driver's training. The TVDL would then allow undocumented immigrants to obtain auto insurance, but do not provide a means of lawful identification for any other purpose, according to a statement issued by State Sen. Pat McGuire (D-Joliet) on Tuesday. Forty-one Senators voted in favor of the bill, while 14 voted no and one abstained. “The more tested and insured drivers there are, the safer our roads will be," McGuire said. "While …
Thursday, May 31, 2012
Gov. Pat Quinn is expected to sign the bill that is designed to raise $800 million to help cover Medicaid costs. Check out how your local legislators voted.
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Thursday, May 31, 2012
When Illinois smokers take a drag, more than tobacco will go up in smoke. They face a new $1-per-pack state tax in a bill that now goes to Gov. Pat Quinn to sign into law. The Illinois Senate on May 29 and the House on May 25 approved a cigarette tax increase to raise revenue to avoid even deeper cuts to health care for low-income people. No Senate Republicans voted for the tobacco tax measure. Four Democrats, primarily those representing districts on the state's borders, voted against it. According to the Chicago Tribune, the tobacco debate unfolded as House members appeared poised to take action on plans for a revamp of public employee pensions, which have been major drivers of spending in a state that can't pay its bills and has the …
Tom S
9:42 pm on Sunday, February 17, 2013
Under the Smart Grid law passed in 2011, ComEd committed to spend $2.6 billion over 10 years to modernize the electric grid in Northern Illinois. The ICC's interpretation of the law reduced funding to complete the modernization program. As a result, ComEd faced a reduction in funding of nearly $100 million per year in 2014 and beyond. Without the additional funding, ComEd stated it could not … more ›