Dive Summary:
- The Illinois Senate voted for a resolution that protest rate cuts imposed by state regulators on Commonwealth Edison (ComEd); the utility claims the cuts have hurt its efforts to modernize its distribution grid.
- Actions in May and October of this year by the Illinois Commerce Commission (ICC) lowered rates for ComEd's customers to the point that the utility will be getting about $100 million less per year.
- The resolution is non-binding, but will give ComEd ammunition in its upcoming legal challenge to the ICC's cuts.
From the article:
The 47-4 vote, with two voting present, represents a shot at the Illinois Commerce Commission and gives the utility ammunition in its legal challenge to the commission's decisions on the smart-grid rate case.
The non-binding resolution "expresses the serious concern of the Senate over the Illinois Commerce Commission's orders implementing the Energy Infrastructure Modernization Act, commonly known as the smart-grid bill," said Senate President John Cullerton (D-Chicago), the resolution's chief sponsor. ...