Chicago-area households could see their electric bills bump up by $6.72 per month next year — and that would only be the first of three straight annual hikes under a record-high $1.5 billion rate increase request filed by ComEd on Tuesday.
The utility’s four-year, phased-in hike would include similar increases in power delivery rates in 2025 and 2026, followed by a slight reduction in 2027, according to ComEd’s filing with the Illinois Commerce Commission.