State regulators on Thursday rejected a new grid plan and $1.5 billion rate hike sought by ComEd, saying the utility’s proposal “failed to comply” with a sweeping clean energy law signed two years ago by Gov. J.B. Pritzker.
The 4-1 decision from the Illinois Commerce Commission sends ComEd back to the drawing board for a plan that lines up with the 2021 law that aims to phase out carbon emissions — and it means Chicagoans will see much smaller electric bill increases than expected in the new year.
