Electricity Policy

       

Fri05182012

Last update09:49:33 PM

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Switching Ill. users quit ComEd costs

The heralded arrival of competition in the residential electricity market is leading to an unwanted consequence: higher rates for those still with Commonwealth Edison.

ComEd confirms that it’s considering a shift in how it charges customers for the cost of buying power that could lead to a significant increase in rates—at least in the short term.

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