Particle.news

Download on the App Store

ComEd Customers Face 10%–15% Electricity Bill Increase Starting June 1

The hike, driven by PJM Interconnection's capacity auction, will raise average monthly bills by $10.60 as Illinois officials challenge the auction's fairness.

Image
Image
Image
Image

Overview

  • ComEd customers in northern Illinois will see an average monthly bill increase of $10.60 starting June 1 due to higher capacity charges.
  • The price hike stems from PJM Interconnection's annual capacity auction, with costs passed directly to consumers without profit for ComEd.
  • Illinois Attorney General Kwame Raoul has filed a complaint with FERC, seeking a rerun of the auction under revised rules or consumer refunds.
  • Consumer advocates criticize PJM policies for favoring outdated power plants and delaying renewable energy integration, exacerbating costs.
  • ComEd and state programs, including bill assistance and efficiency incentives, aim to mitigate the financial strain on impacted households.