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Ameren Illinois Electric Rates Drop

By: Doug Jenkins | The rates you pay for electricity through Ameren Illinois is dropping. The utility’s new electric supply rates for those customers who get their power from Ameren Illinois and not a third party will be 5.038/kWh. For residential customers, that is 18.3% lower than this time last year. Citizen’s Utility Board spokesman … Read more

Court upholds Illinois nuclear power subsidy law

By: Cole Lauterbach | A federal appellate court ruling upheld Illinois’ law directing hundreds of millions of dollars in subsidies to nuclear plants and other green energy incentives. The ruling from the Seventh Circuit Court of Appeals says that Illinois’ Future Energy Jobs Act, a 2016 law providing Zero Emissions Credits to Exelon, the owner of … Read more

FERC rejects PJM capacity market reform proposals, seeks quick resolution

In a 3-2 decision that drew sharp dissent from two commissioners, the Federal Energy Regulatory Commission late Friday rejected both of PJM Interconnection’s proposals to address failures in its capacity markets due to state subsidies supporting preferred generation resources. Whether to add more renewable energy or to keep struggling emissions-free nuclear online, many states are increasingly … Read more

ComEd bills are rising this summer—and more after that

By: Steve Daniels | Commonwealth Edison customers will see their electricity rates rise modestly this summer, but that’s just a prelude to a more dramatic increase beginning in the fall and running through next May. The price ComEd charges for electricity, along with its charge to move that power from plants to its local delivery … Read more

Capacity prices nearly double in largest U.S. power market

By: Jeffrey Tomich | The cost of ensuring adequate available generation in the nation’s largest power market surged as power plant operators raised offer prices to offset lower energy revenues and fewer new natural gas plants coming online. PJM Interconnection yesterday said clearing prices for capacity across much of its 13-state footprint nearly doubled to … Read more

Report: Illinois Can Reliably Replace Dynegy-Vistra Coal Fleet and Save Up To $14 Billion

By: NRDC.org | All of Dynegy-Vistra’s coal fleet in Southern Illinois can be replaced without damaging the regional stability of Illinois’s electricity grid, and this replacement could save Illinois ratepayers up to $14 billion, according to a report released today by the Natural Resources Defense Council (NRDC) and Sierra Club. The report, prepared by Vibrant Clean … Read more

ComEd Files For $23 Million Rate Decrease

By: Katherine Newman | ComEd recently filed their annual formula rate update with the Illinois Commerce Commission (ICC). The new rates call for a $23 million decrease overall, compared to the currently approved rates. If approved, the new rates would appear as a 50 cent decrease on customers monthly bills. “Our filing includes a rate … Read more