Electricity Price Comparison

According to Crain’s Chicago Business there’s a rate hike coming in the 2nd or 3rd quarter of 2010.

ComEd the local utility which provides electricity in Northern Illinois – to approximately 70% of the state’s population including Chicago – has announced the inevitable increase to recoup the cost of maintaining and upgrading the system and power-lines.

While I certainly understand that they incur costs and expenses for regular updates – I don’t see why it needs to be increased because the upkeep of the delivery system (note: ComEd does not own power plants – they just maintain the delivery) should already … Continue Reading

The Bellington-Shire Courier Sun out of North South Wales, Australia is reporting that its North Coast residents will get a hefty utility raise of 62% (so its not just us in the States!).

They are looking at double-digit increases over a 3 to 4 year period. They are forecasting that the average small business in that area would be paying an extra $3,000 annually in electricity bills.

Unfortunately – at a time when small businesses need to be the engine for job growth in every part of the world – they are getting slammed with fees and more fees.

In a worst-case … Continue Reading