The Illinois Commerce Commission approved ComEd’s request for a $14 million decrease in delivery service charges in 2021 compared to rates in effect this past January. The approval comes after an eight-month proceeding in which regulators, the Illinois Attorney General, the Illinois Industrial Energy Consumers, the Citizens Utility Board and others review the costs and investments that determine customer rates. It marks ComEd’s fifth rate decrease in the past 10 years.  The new delivery rate will lower residential customer bills by about $1 per month.

ComEd’s total average monthly residential rate of 13.05 cents per kilowatt hour (kWh) is 10% below the average of the top 20 U.S. metro areas by population, according to rates reported by the Edison Electric Institute for the 12 months ending in December 2019. ComEd’s average industrial rate of 7.37 cents per kWh is 21% below the top 20 average, and its average commercial rate of 9.79 cents per kWh is 18% below the top 20 average.  While ComEd customers will pay roughly half as much for energy efficiency next year as they did before Illinois implemented the Future Energy Jobs Act (FEJA) in 2017, they will save significantly more: In just three years under FEJA, energy efficiency investments have saved customers almost as much as they did in the 10 years before the law was implemented.