New DH calendar
Article updated: 5/6/2013 7:10 AM

Quinn rejects bill raising electric rates

Gov. Pat Quinn vetoed a plan Sunday to increase ComEd electric rates by roughly $70 million.

Gov. Pat Quinn vetoed a plan Sunday to increase ComEd electric rates by roughly $70 million.

 
 1 of 1 
 
text size: AAA
By Associated Press

Gov. Pat Quinn has rejected a plan to increase electric rates by roughly $70 million, a proposal ComEd says would have helped get so-called Smart Grid technology back on track.

Quinn vetoed the plan Sunday saying the bill would undermine oversight and force automatic rate hikes.

Advertisement


ComEd touted the bill as a way to clarify 2011 legislation allowing utilities to raise rates to fund a high-tech system. But executing it has been tricky.

The Illinois Commerce Commission and ComEd disagreed over implementation. ComEd filed a court appeal over technical matters. And ComEd faces a class-action lawsuit over installation delays.

The bill was meant to clarify some of those issues and speed up installation.

ComEd officials say they're disappointed and the veto threatens jobs.

Comments ()
We are now using Facebook comments to offer a more inclusive, social and constructive discussion. Guidelines: Keep it civil and on topic; no profanity, vulgarity, slurs or personal attacks. People who harass others or joke about tragedies will be blocked. If a comment violates these standards or our terms of service, click the X in the upper right corner of the comment box. To find our more, read our FAQ.

This article filed under

Latest Video

MostViewed

Today
Yesterday
Most Commented
Top Jobs

    View all Top Jobs Place a job ad

    MarketsReport

    DHExtras

       
    • Newspaper next section - Newspaper next section Report card checker - report card checker
    • Dh innovation award 2 - Dh innovation award 2 Zillow /real estate page
    • Discuss refer On Guard series
    • Newspaper archives -- Monday or anyday Mike North

    FacebookActivity

    BusinessDirectory

    Connect with a business or service in your area fast. First select a town, then enter a search term or choose one of the listed popular searches:

    Don't see your town listed? Visit our full directory to begin your search.