Overview

• Beginning June 1, ComEd residential customers in northern Illinois will see an average monthly bill increase of $10.60 due to higher capacity charges.
• The rate hike stems from PJM Interconnection's 2023 capacity auction, which set record-high reserve power prices, driven by surging demand and supply constraints.
• ComEd does not profit from the increase, as Illinois law mandates utilities to pass supply costs directly to customers without markup.
• Illinois Attorney General Kwame Raoul has filed a complaint with FERC, seeking a rerun of the auction under revised rules and potential refunds if the auction is not redone before the new rates take effect.
• Consumer relief options include bill-assistance programs, energy-efficiency measures, and credits from the Climate and Equitable Jobs Act, though advocates continue to call for systemic reforms to PJM's policies.