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