Please note the ComEd rate increases to 11.234¢ per kWh on June 1. This will be reflected on your July 2022 ComEd bill. (Illinois rates continue to remain below that of other Great Lake States.)
Annualized rate announced May 24: 9.763¢ per kWh.
Why the spike? An unprecedented “perfect storm” formed. First, natural gas production, a large component of electric generation, dropped off during the pandemic which reduced stores. The situation was exacerbated when the invasion of Ukraine wildly disrupted power supply and prices worldwide.
What to do? Consider setting your home thermostat now to higher temps. Discover other ways to reduce your consumption here.
For help paying past-due balances, or to find Federal or state-funded programs for which you may be eligible, visit ComEd’s Payment Assistance page.
For more detail about this increase, visit ilagg.com/the-comed-rate.