ComEd files for service rate hike to pay for Smart Grid

ComEd filed a service rate hike with the Illinois Commerce Commission on Wednesday that would cost about $2 more per month for the average customer beginning in 2017.

The rate increase, about $138 million, would cover costs of investment obligations to modernize the Smart Grid, according to ComEd…Please click here to read Tina Sfondeles’ story in the Sun Times. Last fall, ComEd lobbied communities for Smart Grid support (see story here), but did not disclose future plans to increase rates.