Latest news with #JimChilsen
Yahoo
4 days ago
- Business
- Yahoo
CUB asks Ameren to work with customers this summer amid utility price hike
PEORIA, Ill. (WMBD) — The Citizens Utility Board is asking Ameren Illinois to work with customers amid utility increases. Ameren Illinois customers will be facing a 50% power increase, prompting the group to request that the utility work with those who may struggle to pay the increased bill, according to Jim Chilsen, a CUB spokesman. 'This will be a difficult summer for far too many customers,' said CUB Executive Director Sarah Moskowitz. 'In this expensive summer, we urge Ameren to do everything possible to work with customers so they can stay connected and keep their homes safe and cool.' She has requested from Ameren that they offer 'customer-friendly payment plans' which allow customers longer periods to pay off their debt, Chilsen said. The increase is estimated to raise customers' bills by about $38 to $46 each month. This summer, the increase is credited to the rise in cost for reserve power, Chilsen said. According to CUB's website, reserve power, also called 'capacity,' prices have risen because of 'poor policies' from regional power grid operators such as PJM Interconnection in ComEd territory and MISO in Ameren territory. CUB has released the following tips to help customers 'get through expensive utilities' this summer: Use energy efficiency to soften the blow of the price spike. Simple actions can help, such as weatherizing windows and doors and turning off unnecessary lights. Don't take risks that keep your home too hot. Efficiency is about eliminating waste but staying safe and cool this summer. Stay in contact with your utility. Consumers who are struggling should contact Ameren to inquire about payment plans and learn about energy efficiency programs. Consider programs to help ease costs. Ameren's Peak Time Rewards program gives customers the opportunity to earn bill credits by reducing electricity usage during high-demand periods, typically summer afternoons. Also, Illinois' community solar program offers customers the benefits of solar power without having to install panels on their homes. All offers currently guarantee savings compared to Ameren's supply price. CUB's resource, can help you carefully shop for offers. Beware of rip-offs. Since 2015, Illinois consumers have lost about $1.8 billion to alternative electricity suppliers. These suppliers are impacted by the same market conditions that are causing utility prices to increase, so it's likely, even in this expensive market, that Ameren is your best bet. One exception: If your community has negotiated a power deal with a supplier, it's possible the price is lower than Ameren's supply rate. Confirm the price and find out when the offer expires. More tips can be found on CUB's website. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Miami Herald
20-05-2025
- Business
- Miami Herald
ComEd customers to see rate increase this summer
ComEd customers may be feeling the heat this summer after a spike in electricity supply charges goes into effect in June, just in time for air conditioning season. The cost for an average residential customer is expected to go up $10.60 per month beginning with the July bill, according to ComEd, but the actual increase could run a lot higher depending on actual usage. Beyond increased demand from data centers pushing up prices, ComEd and the consumer watchdog group Citizens Utility Board are pointing fingers at PJM Interconnection, a Pennsylvania-based regional transmission organization, for dragging its feet in bringing new renewable energy sources online. "Customers could easily end up paying well over $100 extra on their power bills over the next year and the infuriating fact is that this was a completely preventable situation," CUB spokesperson Jim Chilsen said during a news conference Monday. "Because of poor policy at PJM, we will pay higher summer electric bills and big power plant operators will laugh all the way to the bank." PJM manages the electricity supply grid for 13 states, including ComEd's 4.2 million customers in northern Illinois. It holds an annual capacity auction for expected reserve electricity needed during peak demand, and last year those supply prices "skyrocketed," according to CUB. The electricity charge for ComEd customers from June through September is expected to be 10 cents per kilowatt-hour - up 45% from last summer, according to CUB. The price will change again in October. The supply charge represents about half of the monthly bill and does not benefit ComEd, which makes its profit on the delivery charges. The average residential ComEd customer pays $108 per month for the total bill, before the expected supply charge increase, the utility said Monday. "Beginning this summer, the average monthly residential customer bill in the ComEd service territory is expected to rise by about $10.60 due to the annual PJM Interconnection capacity auction held last year," ComEd said in a statement. "These costs go into effect in June and will be reflected in the 'supply' portion of customer bills, which ComEd passes on directly to customers with no markup." On its website, ComEd said the retirement of fossil fuel plants along with rising demand from data centers, artificial intelligence and electrification puts more pressure on the grid, contributing to higher supply prices. The utility also said delays in renewable energy integration are making it harder to replace lost capacity. CUB said the backlog of renewable energy providers waiting to connect to the grid rests squarely with PJM. "There are enough wind, solar and battery projects waiting in line to power all of PJM and bring down prices, but they've been waiting for so long, in many cases, five years or more, that many are in danger of never getting built," Clara Summers, manager of CUB's grid reform campaign, said at the news conference. PJM, which is regulated by the Federal Energy Regulatory Commission, said in an emailed statement Monday that procuring power across its 13-state footprint is getting more expensive because "supply is decreasing on the system and demand is increasing." On the demand side, PJM said the proliferation of data centers and the race for AI advancement are leading the charge, along with electrification and the onshoring of U.S. manufacturing. It blames state and federal decarbonization policies for the decreasing electricity supply. PJM takes no blame, however, for moving too slowly to bring renewable energy sources online. "In order to shift blame for these price spikes, PJM is being accused of an unwillingness or inability to connect new renewable resources to the grid. PJM reformed its processes in 2022 so that we could safely and more efficiently connect these many smaller renewable resources to the grid," PJM said in its statement. CUB said the supply price increase will be somewhat offset by a provision of the state's Climate and Equitable Jobs Act, which requires ComEd to issue a credit when energy prices go above a certain level. According to the consumer group's calculation, the credit will reduce the electricity price by 1.7 cents per kilowatt-hour beginning in June. In Springfield, legislators are working to address the increasing strain on the energy grid while managing costs for consumers. Legislation could combine several proposed bills offering solutions such as large-scale energy storage, the expansion of nuclear power, limits on utility rate hikes and increased access to solar power into one legislative package by the end of May, according to Jennifer Walling, executive director for the Illinois Environmental Council, one of the groups involved in negotiations. The legislative proposal follows Gov. JB Pritzker's recent shift in support of expanding nuclear power in the state. Moreover, Walling said that while the IEC opposes nuclear power, it would support it as part of a legislative package. ComEd customers are already dealing with an increase on the delivery portion of the bill this year. In December, the Illinois Commerce Commission approved the utility's power grid improvement plan, increasing electric bills by more than $600 million over four years. The approved grid plan will result in an average delivery increase of $1.84 to monthly residential bills each year through 2027, according to ComEd. The supply spike will add an average of $10.60 per month beginning in July, representing a 10% increase on the total bill for most customers. The costs could run a lot higher as temperatures go up, and Chicago is projected to have a hotter-than-average summer, according to the National Weather Service. Downstate, Ameren customers may see an even higher increase in their electric bills this summer. An Ameren spokesperson said the typical customer's monthly summer bill is expected to increase by approximately 18% to 22%, depending on their usage, due to the recent Midcontinent Independent System Operator (MISO) capacity auction. Rates should decrease by October, according to the spokesperson. "These results highlight the ongoing energy challenge in downstate Illinois and the need for a more robust resource planning process on the state level," the Ameren spokesperson said. Copyright (C) 2025, Tribune Content Agency, LLC. Portions copyrighted by the respective providers.
Yahoo
20-05-2025
- Business
- Yahoo
ComEd customers to see rate increase this summer
ComEd customers may be feeling the heat this summer after a spike in electricity supply charges goes into effect in June, just in time for air conditioning season. The cost for an average residential customer is expected to go up $10.60 per month beginning with the July bill, according to ComEd, but the actual increase could run a lot higher depending on actual usage. Beyond increased demand from data centers pushing up prices, ComEd and the consumer watchdog group Citizens Utility Board are pointing fingers at PJM Interconnection, a Pennsylvania-based regional transmission organization, for dragging its feet in bringing new renewable energy sources online. 'Customers could easily end up paying well over $100 extra on their power bills over the next year and the infuriating fact is that this was a completely preventable situation,' CUB spokesperson Jim Chilsen said during a news conference Monday. 'Because of poor policy at PJM, we will pay higher summer electric bills and big power plant operators will laugh all the way to the bank.' PJM manages the electricity supply grid for 13 states, including ComEd's 4.2 million customers in northern Illinois. It holds an annual capacity auction for expected reserve electricity needed during peak demand, and last year those supply prices 'skyrocketed,' according to CUB. The electricity charge for ComEd customers from June through September is expected to be 10 cents per kilowatt hour — up 45% from last summer, according to CUB. The price will change again in October. The supply charge represents about half of the monthly bill and does not benefit ComEd, which makes its profit on the delivery charges. The average residential ComEd customer pays $108 per month for the total bill, before the expected supply charge increase, the utility said Monday. 'Beginning this summer, the average monthly residential customer bill in the ComEd service territory is expected to rise by about $10.60 due to the annual PJM Interconnection capacity auction held last year,' ComEd said in a statement. 'These costs go into effect in June and will be reflected in the 'supply' portion of customer bills, which ComEd passes on directly to customers with no markup.' On its website, ComEd said the retirement of fossil fuel plants along with rising demand from data centers, artificial intelligence and electrification puts more pressure on the grid, contributing to higher supply prices. The utility also said delays in renewable energy integration are making it harder to replace lost capacity. CUB said the backlog of renewable energy providers waiting to connect to the grid rests squarely with PJM. 'There are enough wind, solar and battery projects waiting in line to power all of PJM and bring down prices, but they've been waiting for so long, in many cases, five years or more, that many are in danger of never getting built,' Clara Summers, manager of CUB's grid reform campaign, said at the news conference. PJM, which is regulated by the Federal Energy Regulatory Commission, said in an emailed statement Monday that procuring power across its 13-state footprint is getting more expensive because 'supply is decreasing on the system and demand is increasing.' On the demand side, PJM said the proliferation of data centers and the race for AI advancement are leading the charge, along with electrification and the onshoring of U.S. manufacturing. It blames state and federal decarbonization policies for the decreasing electricity supply. PJM takes no blame, however, for moving too slowly to bring renewable energy sources online. 'In order to shift blame for these price spikes, PJM is being accused of an unwillingness or inability to connect new renewable resources to the grid. PJM reformed its processes in 2022 so that we could safely and more efficiently connect these many smaller renewable resources to the grid,' PJM said in its statement. CUB said the supply price increase will be somewhat offset by a provision of the state's Climate and Equitable Jobs Act, which requires ComEd to issue a credit when energy prices go above a certain level. According to the consumer group's calculation, the credit will reduce the electricity price by 1.7 cents per kilowatt-hour beginning in June. In Springfield, legislators are working to address the increasing strain on the energy grid while managing costs for consumers. Legislation could combine several proposed bills offering solutions such as large-scale energy storage, the expansion of nuclear power, limits on utility rate hikes and increased access to solar power into one legislative package by the end of May, according to Jennifer Walling, executive director for the Illinois Environmental Council, one of the groups involved in negotiations. The legislative proposal follows Gov. JB Pritzker's recent shift in support of expanding nuclear power in the state. Moreover, Walling said that while the IEC opposes nuclear power, it would support it as part of a legislative package. ComEd customers are already dealing with an increase on the delivery portion of the bill this year. In December, the Illinois Commerce Commission approved the utility's power grid improvement plan, increasing electric bills by more than $600 million over four years. The approved grid plan will result in an average delivery increase of $1.84 to monthly residential bills each year through 2027, according to ComEd. The supply spike will add an average of $10.60 per month beginning in July, representing a 10% increase on the total bill for most customers. The costs could run a lot higher as temperatures go up, and Chicago is projected to have a hotter-than-average summer, according to the National Weather Service. Downstate, Ameren customers may see an even higher increase in their electric bills this summer. An Ameren spokesperson said the typical customer's monthly summer bill is expected to increase by approximately 18% to 22%, depending on their usage, due to the recent Midcontinent Independent System Operator (MISO) capacity auction. Rates should decrease by October, according to the spokesperson. 'These results highlight the ongoing energy challenge in downstate Illinois and the need for a more robust resource planning process on the state level,' the Ameren spokesperson said. rchannick@
Chicago Tribune
19-05-2025
- Business
- Chicago Tribune
ComEd customers to see rate increase this summer
ComEd customers may be feeling the heat this summer after a spike in electricity supply charges goes into effect in June, just in time for air conditioning season. The cost for an average residential customer is expected to go up $10.60 per month beginning with the July bill, according to ComEd, but the actual increase could run a lot higher depending on actual usage. Beyond increased demand from data centers pushing up prices, ComEd and the consumer watchdog group Citizens Utility Board are pointing fingers at PJM Interconnection, a Pennsylvania-based regional transmission organization, for dragging its feet in bringing new renewable energy sources online. 'Customers could easily end up paying well over $100 extra on their power bills over the next year and the infuriating fact is that this was a completely preventable situation,' CUB spokesperson Jim Chilsen said during a news conference Monday. 'Because of poor policy at PJM, we will pay higher summer electric bills and big power plant operators will laugh all the way to the bank.' PJM manages the electricity supply grid for 13 states, including ComEd's 4.2 million customers in northern Illinois. It holds an annual capacity auction for expected reserve electricity needed during peak demand, and last year those supply prices 'skyrocketed,' according to CUB. The electricity charge for ComEd customers from June through September is expected to be 10 cents per kilowatt hour — up 45% from last summer, according to CUB. The price will change again in October. The supply charge represents about half of the monthly bill and does not benefit ComEd, which makes its profit on the delivery charges. The average residential ComEd customer pays $108 per month for the total bill, before the expected supply charge increase, the utility said Monday. 'Beginning this summer, the average monthly residential customer bill in the ComEd service territory is expected to rise by about $10.60 due to the annual PJM Interconnection capacity auction held last year,' ComEd said in a statement. 'These costs go into effect in June and will be reflected in the 'supply' portion of customer bills, which ComEd passes on directly to customers with no markup.' On its website, ComEd said the retirement of fossil fuel plants along with rising demand from data centers, artificial intelligence and electrification puts more pressure on the grid, contributing to higher supply prices. The utility also said delays in renewable energy integration are making it harder to replace lost capacity. CUB said the backlog of renewable energy providers waiting to connect to the grid rests squarely with PJM. 'There are enough wind, solar and battery projects waiting in line to power all of PJM and bring down prices, but they've been waiting for so long, in many cases, five years or more, that many are in danger of never getting built,' Clara Summers, manager of CUB's grid reform campaign, said at the news conference. PJM, which is regulated by the Federal Energy Regulatory Commission, said in an emailed statement Monday that procuring power across its 13-state footprint is getting more expensive because 'supply is decreasing on the system and demand is increasing.' On the demand side, PJM said the proliferation of data centers and the race for AI advancement are leading the charge, along with electrification and the onshoring of U.S. manufacturing. It blames state and federal decarbonization policies for the decreasing electricity supply. PJM takes no blame, however, for moving too slowly to bring renewable energy sources online. 'In order to shift blame for these price spikes, PJM is being accused of an unwillingness or inability to connect new renewable resources to the grid. PJM reformed its processes in 2022 so that we could safely and more efficiently connect these many smaller renewable resources to the grid,' PJM said in its statement. CUB said the supply price increase will be somewhat offset by a provision of the state's Climate and Equitable Jobs Act, which requires ComEd to issue a credit when energy prices go above a certain level. According to the consumer group's calculation, the credit will reduce the electricity price by 1.7 cents per kilowatt-hour beginning in June. In Springfield, legislators are working to address the increasing strain on the energy grid while managing costs for consumers. Legislation could combine several proposed bills offering solutions such as large-scale energy storage, the expansion of nuclear power, limits on utility rate hikes and increased access to solar power into one legislative package by the end of May, according to Jennifer Walling, executive director for the Illinois Environmental Council, one of the groups involved in negotiations. The legislative proposal follows Gov. JB Pritzker's recent shift in support of expanding nuclear power in the state. Moreover, Walling said that while the IEC opposes nuclear power, it would support it as part of a legislative package. ComEd customers are already dealing with an increase on the delivery portion of the bill this year. In December, the Illinois Commerce Commission approved the utility's power grid improvement plan, increasing electric bills by more than $600 million over four years. The approved grid plan will result in an average delivery increase of $1.84 to monthly residential bills each year through 2027, according to ComEd. The supply spike will add an average of $10.60 per month beginning in July, representing a 10% increase on the total bill for most customers. The costs could run a lot higher as temperatures go up, and Chicago is projected to have a hotter-than-average summer, according to the National Weather Service. Downstate, Ameren customers may see an even higher increase in their electric bills this summer. An Ameren spokesperson said the typical customer's monthly summer bill is expected to increase by approximately 18% to 22%, depending on their usage, due to the recent Midcontinent Independent System Operator (MISO) capacity auction. Rates should decrease by October, according to the spokesperson. 'These results highlight the ongoing energy challenge in downstate Illinois and the need for a more robust resource planning process on the state level,' the Ameren spokesperson said.
Yahoo
15-05-2025
- Business
- Yahoo
Citizen groups challenge $134M Ameren Illinois rate increase
PEORIA, Ill. (WMBD) — Citizen advocacy groups, on Wednesday, argued that a proposed $134 million rate hike for natural gas use is beyond what is needed. The Citizens Utility Board and the Illinois Public Interest Research Group held a joint news conference, saying Ameren Illinois' request to the Illinois Commerce Commission asking to raise the gas prices is overly excessive, said Jim Chilsen, CUB's communications director. 'Consumer advocates argue Ameren's bid for $134 million rate hike is unjust, unreasonable, and it's at least triple what the utility could justify' he said. In a release, Ameren said that the price increase is a necessary step in order to ensure safety and meet federal guidelines, according to Brad Kloeppel, an company spokesman. Ameren files electric and gas rate hikes before Illinois Commerce Commission 'The investments we have proposed in our reliability plan will enable us to meet strict federal pipeline safety requirements, reduce leaks, and provide reliable and affordable natural gas to our residential and business customer,' he said. 'We evaluate all available methods to maintain compliance at the lowest possible cost based on operational feasibility and industry best practices.' The proposed hike would be the fourth rate increase since 2018. CUB says it will raise monthly bills by 12% to 13%. That comes to about $10 more a month, or more than $100 a year for the average person, Chilsen said. He argued that the ICC should reject at least two-thirds of the proposed rate hike. Eric DeBellis, general counsel for CUB, accused Ameren of using money from customers to pay for things that stockholders should pay for. 'Ameren's proposed increase is at least triple what the utility can justify under law. In this case, we and other parties have already exposed more than $85 million in excessive, unjustified charges, largely driven by Ameren's push for an excessive shareholder profit margin and questionable accounting practices,' he said. DeBellis said CUB and others are pushing for lawmakers to approve the Utility Transparency Act, which would work to stop companies from doing just that. Kloeppel says that there is a strategic process Ameren uses to keep gas rates affordable for their customers. 'Ameren Illinois takes a strategic approach to maintaining the natural gas system and keeping customer rates affordable. A significant amount of natural gas is purchased in the summer, when prices are typically lower, and stored in twelve underground storage fields for withdrawal during the colder winter months,' he said. 'Up to 24.2 billion cubic feet of natural gas are in reserve and available for distribution at lower prices.' Kloeppel added they understand a price increase can be difficult for some customers to pay, and said anyone who needs assistance can find programs on Ameren's website. The ICC will give their final decision on whether Ameren can raise the rates sometime in November. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
