Citing expert testimony and excessive profits, the Citizens Utility Board is petitioning state regulators to slash ComEd's proposed four-year, $1.47 billion rate increase by more than 60%.The filing Monday with the Illinois Commerce Commission seeks to reduce ComEd's proposal by at least $914.5 million, with additional testimony by other watchdog groups and the Illinois attorney general's office expected to bring the cumulative recommended cuts to over $1 billion.
#years #performance #communities #climate-change #participants #investments #news-release #shareholders
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