Utilities companies like ComEd and Peoples Gas make money by delivering energy. The rates they’re seeking to hike are for distribution, including infrastructure like pipes and transmission lines, and the profit they can tack on to those costs.
In Illinois, there’s an added layer of intrigue (or skepticism) about electrical costs given that in 2020 ComEd admitted to federal prosecutors it spent nearly a decade using bribery to get laws passed that were favorable to the utility company’s bottom line.
President Obama's Clean Power Plan aims to reduce carbon emissions 32 percent by 2030. It's the administration's "biggest, most important step" in combating climate change. We take a closer look at the new policy, the legalities and how it will impact the state and consumers.