ComEd's potential rate hike, which could take effect in 2024 and continue for four years, have people around the Chicago area worried.
ComEd's potential rate hike, which could take effect in 2024 and continue for four years, have people around the Chicago area worried.ComEd's potential rate hike, which could take effect in 2024 and continue for four years, have people around the Chicago area worried.
Camile Boyce said inflation costs have caused her to get behind on her electric bill. She's also been using space heaters to stay warm this winter, which use more electricity. And on top of all that, ComEd recently asked the state to grant a rate hike."ComEd is seeking a record a rate hike," said David Kolata, the executive director of the Citizens Utility Board.
"So this would be a pretty significant rate increase if they get everything that they're asking for," Kolata said. ComEd said there are programs to help those who qualify for financial assistance, and said the rate increase is needed to invest in infrastructure and a grid that is expected to have increased demand in years to come.
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