ComEd
Commonwealth Edison, Chicago’s primary electricity distributor, announced in May that its customers should expect monthly bills to increase by $2 to $3 beginning June 1.
CHICAGO — A law originally enacted to keep the state’s nuclear fleet profitable is instead giving relief to energy customers due to rising power costs and increased federal subsidies for nuclear generators.
ComEd customers in Illinois will see an average $19 monthly reduction to their electricity bills over the coming months, thanks to a policy in the state’s landmark climate bill.
The Seventh Circuit Court of Appeals reversed its own previous ruling and granted Pramaggiore and McClain bail pending a new trial. That ruling came just hours after attorneys for the pair asked the court to throw out their convictions.
A federal judge on Thursday handed Fidel Marquez a two-year sentence of probation along with a $50,000 fine, more than five years after he entered a guilty plea to a bribery charge.
If the investments proposed are approved in full by the ICC, ComEd expects residential customers to see an increased average cost of between $2.50 to $3 per month starting in 2028.
Anne Pramaggiore, who was convicted along with three other former ComEd officials in 2023, has begun serving her sentence at the federal correctional institution in Marianna, Florida, according to federal records.
A new report by state regulators projects energy shortfalls will begin in northern Illinois by 2029 and the rest of the state by 2031 if lawmakers and grid operators don’t act.
Households with an income up to 300% of the federal poverty level will qualify for benefits on a tiered schedule. Those with incomes less than or equal to 50% of the federal threshold will see the largest discounts.
Jay Doherty, the longtime City Club president and consultant for utility giant ComEd, will be headed to prison for his role in a yearslong conspiracy to bribe ex-Illinois Speaker Michael Madigan.
Michael McClain and three codefendants — former ComEd CEO Anne Pramaggiore, ex-ComEd lobbyist John Hooker and former contract lobbyist Jay Doherty — were each convicted of bribery conspiracy and willfully falsifying the utility company’s books in the 2023 “ComEd Four” trial.
In a sentencing memo published late Tuesday, prosecutors asked that ex-City Club president and ComEd lobbyist Jay Doherty be sentenced to 15 months in prison.
Anne Pramaggiore was sentenced in a downtown Chicago courtroom to two years in federal prison, more than two years after she was convicted as part of the “ComEd Four” trial.
John Hooker, one of the four former Commonwealth Edison officials convicted of conspiring to bribe ex-Illinois House Speaker Michael Madigan, has been sentenced to 18 months in prison. The sentence is well below the recommendation from federal prosecutors of 56 months. Hooker’s defense team had asked for a sentence of probation.
Michael McClain, 77, a former Illinois representative lobbyist for Commonwealth Edison, was convicted of bribery conspiracy and willfully falsifying the utility giant’s books as part of the “ComEd Four” trial in 2023.
Prosecutors this week asked a federal judge to hand Anne Pramaggiore a 70-month prison sentence along with a fine of $1.75 million after she was convicted in the 2023 “ComEd Four” trial on charges including bribery conspiracy and willfully falsifying the company’s books.
The feds asked a judge to give John Hooker, a former ComEd exec, a prison sentence of 56 months following his conviction on charges including bribery conspiracy and willfully falsifying the utility company’s books.