Commonwealth Edison News
Staying informed about news from Commonwealth Edison (ComEd) electric utility company is crucial for several reasons. One of the most important is rate updates. ComEd regularly adjusts electricity rates based on market conditions, regulatory changes, or new infrastructure investments. For both residential and commercial customers, staying updated on these changes helps in managing monthly energy costs and planning budgets accordingly.
Another key reason is service reliability and power outages. ComEd provides regular updates on planned maintenance, storm-related outages, and recovery efforts. Customers can stay informed about service interruptions and learn about expected restoration times, allowing them to plan around these disruptions. Additionally, ComEd frequently introduces energy-saving programs and rebates that encourage energy efficiency and renewable energy adoption. By reading the latest news, customers can take advantage of these opportunities, lower their energy bills, and contribute to sustainability efforts in their community.
Commonwealth Edison News
- ComEd exec testifies utility prepared for bankruptcy before 2011 law threw it a lifeline - Capitol News Illinois October 24, 2024ComEd exec testifies utility prepared for bankruptcy before 2011 law threw it a lifeline Capitol News Illinois
- Electric rates to rise due to inflated price at capacity auction - The Center Square August 30, 2024Electric rates to rise due to inflated price at capacity auction The Center Square
- Com Ed, Ameren customers in Illinois lost $1.8B to alternative suppliers, watchdog says - POWERGRID International®️ August 29, 2024Com Ed, Ameren customers in Illinois lost $1.8B to alternative suppliers, watchdog says POWERGRID International®️
- Exelon Prepping for Major Load Growth in Utility Service Territories - RTO Insider August 6, 2024Exelon Prepping for Major Load Growth in Utility Service Territories RTO Insider
- CUB: COM ED PUSHES FOR CUSTOMERS TO PAY MILLIONS TO FIX BOTCHED BILLING 'UPGRADE' THAT HAS CRIPPLED IL'S ACCLAIMED COMMUNITY SOLAR PROGRAM - PR Newswire June 24, 2024CUB: COM ED PUSHES FOR CUSTOMERS TO PAY MILLIONS TO FIX BOTCHED BILLING 'UPGRADE' THAT HAS CRIPPLED IL'S ACCLAIMED COMMUNITY SOLAR PROGRAM PR Newswire
- ComEd’s computer billing fiasco shuts down community solar program for four months - Chicago Tribune June 24, 2024ComEd’s computer billing fiasco shuts down community solar program for four months Chicago Tribune
- Exelon Reports First Quarter 2024 Results - Business Wire May 2, 2024Exelon Reports First Quarter 2024 Results Business Wire
- Exelon Focuses on ComEd, Other Rate Cases in Q1 Earnings Call - RTO Insider May 2, 2024Exelon Focuses on ComEd, Other Rate Cases in Q1 Earnings Call RTO Insider
- After Being Rebuffed by Regulators, Illinois Utilities File Slimmed-Down Spending Plans - WTTW News March 18, 2024After Being Rebuffed by Regulators, Illinois Utilities File Slimmed-Down Spending Plans WTTW News
- Exelon Outlines Distribution Capex Cuts Due to ComEd Rate Case Decision - T&D World February 22, 2024Exelon Outlines Distribution Capex Cuts Due to ComEd Rate Case Decision T&D World
- Customers pay for utilities’ lawyers and corporate donations. Advocates want to change that. - Capitol News Illinois February 16, 2024Customers pay for utilities’ lawyers and corporate donations. Advocates want to change that. Capitol News Illinois
- Illinois utilities regulator puts the screws to state’s IOUs during crucial time, experts say - Daily Energy Insider February 14, 2024Illinois utilities regulator puts the screws to state’s IOUs during crucial time, experts say Daily Energy Insider
- ComEd Grid Plan Denial Has Leaders Re-Evaluating Investment Plans - T&D World January 2, 2024ComEd Grid Plan Denial Has Leaders Re-Evaluating Investment Plans T&D World
- Exelon, ComEd, Ameren outlooks lowered by financial firms after regulator rejects grid plans - Utility Dive December 21, 2023Exelon, ComEd, Ameren outlooks lowered by financial firms after regulator rejects grid plans Utility Dive
- Editorial: Commonwealth Edison did not deserve the record-shattering delivery rate hike they wanted - Chicago Tribune December 15, 2023Editorial: Commonwealth Edison did not deserve the record-shattering delivery rate hike they wanted Chicago Tribune
- Smaller electric bill increases for Chicagoans as regulators pull plug on ComEd’s rate-hike bid - Chicago Sun-Times December 14, 2023Smaller electric bill increases for Chicagoans as regulators pull plug on ComEd’s rate-hike bid Chicago Sun-Times
- State regulators once again flex muscle in rejecting utilities’ grid plans, lessening rate hikes - WQAD Moline December 14, 2023State regulators once again flex muscle in rejecting utilities’ grid plans, lessening rate hikes WQAD Moline
- Illinois Officials Recommend Gas Price Increase for 4.1M Consumers - WTTW News October 17, 2023Illinois Officials Recommend Gas Price Increase for 4.1M Consumers WTTW News
- Complaint Alleges ComEd Violated State Law by Raising Fees on Customer Bills - WTTW News September 5, 2023Complaint Alleges ComEd Violated State Law by Raising Fees on Customer Bills WTTW News
- Utilities' union workers get generous raises as companies seek record-breaking rate hikes - Crain's Chicago Business August 18, 2023Utilities' union workers get generous raises as companies seek record-breaking rate hikes Crain's Chicago Business
Historical Rate Graph (2019-2023)
Graph showcasing the gradual increase in rates over the last five years
The graph above illustrates the gradual increase in ComEd commercial energy rates over the past five years. The steady upward trend reflects broader changes in the energy market and regulatory environment.
ComEd's Future Commercial Electricity Rates: Projections for 2024-2028
Based on current market conditions, regulatory updates, and projected demand, ComEd's commercial electricity rates are expected to follow an upward trajectory over the next five years. These estimates come from analyzing historical trends and market forecasts from official sources.
| Year | Projected Rate (cents per kWh) |
|---|---|
| 2024 | 7.55 |
| 2025 | 7.65 |
| 2026 | 7.78 |
| 2027 | 7.88 |
| 2028 | 8.00 |
The graph above shows the projected increase in ComEd commercial electricity rates over the next five years. This upward trend suggests businesses should remain vigilant in monitoring energy prices and consider long-term contracts or alternative suppliers to manage costs effectively.
Today Why Businesses Should Monitor ComEd Rates
ComEd continues to play a vital role in supplying electricity to businesses across Illinois. With prices steadily increasing and future projections showing further hikes, it's essential for commercial account holders to compare suppliers and consider locking in rates through deregulated energy markets. By staying informed about trends, businesses can make strategic decisions that reduce utility costs over the long term.
For more information about commercial electricity and to explore supplier options, visit Commercial Electricity.
History and Future Graph
The graph above presents a comprehensive view of ComEd's commercial energy rates, combining the historical data from 2014 to 2023 and future projections from 2024 to 2033. This 20-year outlook illustrates the upward trend in commercial energy prices, offering valuable insights for businesses planning their energy strategies.
Company Stock Price
The graph above shows Exelon Corporation's (EXC) stock prices over the past 10 years (2014-2023), highlighting the fluctuations and general trends in the company's stock value. This visual representation helps provide insight into Exelon's financial performance over the last decade.
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