SPRINGFIELD — The Illinois Commerce Commission struck $11.2 million from Ameren Illinois’ $59.6 million multi-year rate reconciliation request and $25.4 million from ComEd’s $268.5 million 2024 request following the first performance-based evaluations of the utilities’ grid and rate plans. The decisions require both companies to provide updated affordability data and cost-benefit analyses in future filings to allow the ICC to review grid plan impacts in real time. The ComEd ruling removed overrun costs and performance incentives tied to a mismanaged customer care and billing rollout. The impact on individual customers will vary by service class and usage, with ComEd customers also benefiting from an $803 million rebate and a low-income discount program beginning in January. The ICC oversees Illinois utilities to ensure reliable and safe service at reasonable costs while evaluating performance under the Climate and Equitable Jobs Act.
ICC Reduces Ameren and ComEd Rate Reconciliation Requests After Performance Review
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