The state’s largest electric utility is asking lawmakers for a series of automatic rate increases to upgrade infrastructure, but consumer advocates say it’s an unfair deal. Commonwealth Edison, which delivers electricity to about 70 percent of the state’s population, is pushing legislation that would allow them to skip the ICC’s approval for automatic yearly rate […]
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State’s power buyer under fire
The state agency responsible for buying Illinois’ electricity is under fire after an annual audit showed numerous problems with accounting and transparency. A March 24 report by Illinois Auditor General William Holland says the Illinois Power Agency (IPA) needs to correct 35 “weaknesses” in financial transparency, rulemaking and more. The report admonishes IPA for storing […]
