New ComEd rates
January 13, 2014—A $340 million ComEd rate hike greeted customers in the new year. CUB is filing a "petition for rehearing" to challenge the new increase. In the meantime, get the facts on the new rates you'll see on your bill in 2014.
The increase was ordered by the Illinois Commerce Commission (ICC), under a new state law to pay for about $2.6 billion in upgrades to the power grid over the next decade. It hits the delivery part of our bills—what we pay ComEd to get the electricity to our homes.
Delivery charges include the customer, distribution facilities, and the standard metering charges, which take up about a third to a half of our bills. The rest is what we pay for the actual power.
ComEd has said the rate hike means the average household bill will see an increase of about $5.50 per month. A rundown of your new delivery charges:
Single family homes without space heat
Monthly Customer Charge: $15.37/month
Distribution Facilities Charge:2.376 cents/kWh
Standard Metering Charge: $3.32/month
Single Family homes with space heat
Monthly Customer Charge: $17.45/month
Distribution Facilities Charge: 1.13 cents/kWh
Standard Metering Charge: $3.32/month
Multifamily homes without space heat
Monthly Customer Charge: $8.18/month
Distribution Facilities Charge: 3.09 cents/kWh
Standard Metering Charge: $3.32/month
Multifamily homes with space heat
Monthly Customer Charge: $9.14/month
Distribution Facilities Charge: 1.429 cents/kWh
Standard Metering Charge: $3.32/month
The increase was ordered by the Illinois Commerce Commission (ICC), under a new state law to pay for about $2.6 billion in upgrades to the power grid over the next decade. It hits the delivery part of our bills—what we pay ComEd to get the electricity to our homes.
Delivery charges include the customer, distribution facilities, and the standard metering charges, which take up about a third to a half of our bills. The rest is what we pay for the actual power.
ComEd has said the rate hike means the average household bill will see an increase of about $5.50 per month. A rundown of your new delivery charges:
Single family homes without space heat
Monthly Customer Charge: $15.37/month
Distribution Facilities Charge:2.376 cents/kWh
Standard Metering Charge: $3.32/month
Single Family homes with space heat
Monthly Customer Charge: $17.45/month
Distribution Facilities Charge: 1.13 cents/kWh
Standard Metering Charge: $3.32/month
Multifamily homes without space heat
Monthly Customer Charge: $8.18/month
Distribution Facilities Charge: 3.09 cents/kWh
Standard Metering Charge: $3.32/month
Multifamily homes with space heat
Monthly Customer Charge: $9.14/month
Distribution Facilities Charge: 1.429 cents/kWh
Standard Metering Charge: $3.32/month