SUBSCRIBE to Capitol Fax      Advertise Here      Mobile Version     Exclusive Subscriber Content     Updated Posts    Contact
CapitolFax.com
To subscribe to Capitol Fax, click here.
Today’s number: $16.2 million

Monday, Dec 17, 2012

* From Crain’s

Commonwealth Edison Co. spent big — very big — to win passage last year of its controversial “smart grid” law. The act permits the electric utility to raise its rates annually via a formula as it pursues a 10-year, $2.6 billion grid modernization program featuring smart meters in every home and business.

ComEd may be back in Springfield, lobbying lawmakers to force state utility regulators to interpret the law more favorably to the utility and boost its revenue further.

* And the accompanying chart

Ameren’s expenses were $3.4 million.

Keep in mind that lobbying expenses are not directly financed by ratepayers.

* Related…

* Cable TV, satellite TV industries embroiled in fight over fees

* Illinois rings up $1M from video gambling in November

- Posted by Rich Miller        


13 Comments
  1. - just sayin' - Monday, Dec 17, 12 @ 10:49 am:

    “Keep in mind that lobbying expenses are not directly financed by ratepayers.”

    Yes I know that’s what ComEd says, but come on. It all comes out of the same pot. It’s money that could be spent on something productive or reducing rate hikes.


  2. - Judgment Day - Monday, Dec 17, 12 @ 11:04 am:

    IMO, the satellite TV providers have a legit beef toward the cable companies on the taxation issue. The cable companies using a grid style system, while the satellite TV folks are basically point-to-point service providers.

    The grid style service providers have a direct effect on local governments, because they are digging and stringing cables. There’s a cost incurred by local governments for all of that, so there should be charge backs in the form of taxes.

    Satellite TV does not have the same set of issues. They only affect the property they are being contracted to provide services to.

    From a purely technical standpoint, it looks to be a slam dunk in favor of the satellite TV providers.

    The truth of the matter is that the cable companies have been avoiding extending broadband services into many rural areas because of the expense. So now they want to make it more expensive for the satellite TV providers, who in many cases are the only practical provider option. Which means that people’s bills will go up.


  3. - reformer - Monday, Dec 17, 12 @ 11:22 am:

    Do the millions in ComEd campaign donations have any influence on policy? I presume ComEd believes they do or else why spend the money? Of course legislators piously deny any influence, insisting they are immune to the lure of campaign cash.


  4. - Abe the Babe - Monday, Dec 17, 12 @ 11:37 am:

    The best regulations that money can buy.


  5. - Dave V - Monday, Dec 17, 12 @ 11:57 am:

    Lets not forget, there is still money left over for hiring former legislators.


  6. - Chicago Cynic - Monday, Dec 17, 12 @ 11:58 am:

    The piece speaks for itself. Wow.


  7. - Small Town Liberal - Monday, Dec 17, 12 @ 12:03 pm:

    Ridiculous. If utility law wasn’t so complicated the public would revolt at what these companies are doing.

    What it comes down to, regardless of how they spin it, these companies want more money to flow into their shareholders pockets, under the guise of it flowing into their infrastructure.

    They spent all that money getting the bill passed to modernize the grid, but now they’re upset that the ICC still won’t let them recover enough costs that have nothing to do with that modernization.

    If the clowns running these companies spent a fraction of the effort they waste fighting with the ICC on actually building up the grid, we’d have the cadillac of electric grids by now.


  8. - Dave V - Monday, Dec 17, 12 @ 12:04 pm:

    Before I get yelled at, I know contracts would be included. But the promise of a job after your term is up (or before) can be a pretty convincing reason to vote a certain way.


  9. - SportShoz - Monday, Dec 17, 12 @ 12:49 pm:

    The icing is that with their new formula rates it will make it easier for ComEd to recoup lobbying expenses, on top of getting all their executive bonuses, charitable contributions and lawyer fees covered by their ratepayers. All under the guise of “modernizing” and creating “jobs,” a $2.6 Billion rate hike for only $16.2 million.


  10. - dang - Monday, Dec 17, 12 @ 2:11 pm:

    Re-Com Ed. That number might be comical if it wasn’t so dang sad. You smell that? That’s this country rotting from the inside out.


  11. - wordslinger - Monday, Dec 17, 12 @ 5:32 pm:

    What other sources of revenue, other than ratepayers, does ComEd have?


  12. - walkinfool - Monday, Dec 17, 12 @ 5:39 pm:

    The difference between a big potential campaign contributor and any other interested party, for some legislators, is that they will meet and listen more closely to the arguments of one before other. That access may not always change a vote, but it can provide a better chance.

    The best reps make it a point to provide plenty of access and to listen closely to those without campaign contributions.


  13. - Sideliner - Tuesday, Dec 18, 12 @ 11:36 am:

    Enough is never enough.


Sorry, comments for this post are now closed.


* Reader comments closed for the weekend
* *** UPDATED x1 *** The dirty little secrets about Facebook video views
* Life on a ledge
* Question of the day
* Our totally inspiring and uplifting US Senate race
* Trump piles on Chicago, but he may want to ask his running mate about Indiana
* Don't hold your breath
* More ugliness
* Today's number: $105,733
* SUBSCRIBERS ONLY - Supplement to today’s edition, fundraiser list and a campaign roundup
* SUBSCRIBERS ONLY - Today's edition of Capitol Fax (use all CAPS in password)
* Yesterday's blog posts

Support CapitolFax.com
Visit our advertisers...

...............

...............

...............
<


Search This Blog...

Search the 98th General Assembly By Bill Number
(example: HB0001)

Search the 98th General Assembly By Keyword

  
* Android-Chrome merger may be previewed at Pixel event
* Oculus faces developer backlash over founder’s politics
* The hopes and headaches of Snapchat’s glasses
* Taking a swing for the Grammys with the new Lip Sync Battle app
* Prices for Google Home and new 4K Chromecast have leaked
* Hands-on with Pictar, which adds buttons and wheels to your iPhone camera
* Will you try to persuade your friends and family to use Allo and Duo?

* Frazier hits HR, Quintana solid in Sox win
* Amid struggles, Sox close in on milestones
* Frazier hits HR, Quintana solid in Sox win
* Rodon hopes to derail Indians in finale
* Eaton jolted after slamming into wall
* Pitching for Team USA in WBC intrigues Sale
* Pair of homers not enough vs. 1st-place Tribe

...............


Main Menu
Home
Illinois
YouTube
Pundit rankings
Obama
Subscriber Content
Durbin
Burris
Blagojevich Trial
Advertising
Updated Posts
Polls

Archives
September 2016
August 2016
July 2016
June 2016
May 2016
April 2016
March 2016
February 2016
January 2016
December 2015
November 2015
October 2015
September 2015
August 2015
July 2015
June 2015
May 2015
April 2015
March 2015
February 2015
January 2015
December 2014
November 2014
October 2014
September 2014
August 2014
July 2014
June 2014
May 2014
April 2014
March 2014
February 2014
January 2014
December 2013
November 2013
October 2013
September 2013
August 2013
July 2013
June 2013
May 2013
April 2013
March 2013
February 2013
January 2013
December 2012
November 2012
October 2012
September 2012
August 2012
July 2012
June 2012
May 2012
April 2012
March 2012
February 2012
January 2012
December 2011
November 2011
October 2011
September 2011
August 2011
July 2011
June 2011
May 2011
April 2011
March 2011
February 2011
January 2011
December 2010
November 2010
October 2010
September 2010
August 2010
July 2010
June 2010
May 2010
April 2010
March 2010
February 2010
January 2010
December 2009
November 2009
October 2009
September 2009
August 2009
July 2009
June 2009
May 2009
April 2009
March 2009
February 2009
January 2009
December 2008
November 2008
October 2008
September 2008
August 2008
July 2008
June 2008
May 2008
April 2008
March 2008
February 2008
January 2008
December 2007
November 2007
October 2007
September 2007
August 2007
July 2007
June 2007
May 2007
April 2007
March 2007
February 2007
January 2007
December 2006
November 2006
October 2006
September 2006
August 2006
July 2006
June 2006
May 2006
April 2006
March 2006
February 2006
January 2006
December 2005
April 2005
March 2005
February 2005
January 2005
December 2004
November 2004
October 2004

Blog*Spot Archives
November 2005
October 2005
September 2005
August 2005
July 2005
June 2005
May 2005

Syndication

RSS Feed 2.0
Comments RSS 2.0
WordPress

Loading


* Illinois state representative warns of more sto.....
* Bernard Schoenburg: Interesting twists in Troem.....
* Court decisions in other states put heat on Ill.....
* Statehouse Insider: Do you remember where you w.....
* Statehouse Insider: Do you remember where you w.....


* EXCHANGE: Deputies in right place to save life of woman
* EXCHANGE: Roselle family calls safe haven mothers 'angels'
* Iowa State president damaged school plane on personal trip
* Illinois man arrested in kidnapping of teenager and baby
* Family of Chicago man found dismembered files lawsuit
* Experts: May be hard convicting Tulsa cop of manslaughter
* Record number of Illinois youths killed while in DCFS care
* South Chicago suburbs try to curb video gambling businesses
* Federal grant to pay for repairs at Abraham Lincoln's office
* Iowa State president damaged school plane on personal trip

* Planning underway locally for Illinois' 200th birthday
* Attack on state senator leads to arrest of murder suspects
* Illinois Supreme Court overturns law allowing 6-member juries
* Local unemployment of 4.6 percent still lowest in state
* Elderly frozen-treat seller gets $380,000 from GoFundMe page
* Creation of Amish history museum in central Illinois underway
* Privately funded Executive Mansion work will follow traditional wage, bidding rules
* 'Memorandum of agreement' outlines restoration rules for Executive Mansion work
* Gov. Rauner uses Facebook Live to announce bicentennial plans
* Environmental groups push for lead testing of water in schools

* How Presence Health cracked the code on telehealth
* Merz Apothecary at your door within hours
* Where did the bankruptcy wave hit hardest?
* Seven years after selling the Cubs to the Ricketts family, Tribune's tax battle is in extra innings
* Meet the Dems' chief weapon against remap reform: Michael Kasper


* Person shot in the neck in Calumet Heights
* Man shot in Back of the Yards
* Man wounded in Logan Square shooting
* Pickup crashes into house in Round Lake Beach
* Man shot while driving in Humboldt Park
* 2 women wounded in Little Village shooting
* Police: Man with dementia missing from Austin
* 18-year-old Park Forest woman killed in I-80 crash
* Man shot in the buttocks in Little Village
* Man wounded in Back of the Yards shooting


* Windsor school 'tasting menu' a big hit with students
* Man critically wounded in shooting near Millennium Park among 17 shot citywide
* American Airlines downgraded my seat, won't give refund
* Suspect in Washington mall shooting 'zombie-like' when arrested
* Washington Post-ABC poll finds virtual tie for Clinton, Trump ahead of debate
* On the Air
* Northwestern coach decries mistakes after 24-13 loss to Nebraska
* Use economic ties with Cuba as leverage for North Korea issues
* Brian Kelly on Notre Dame's loss to Duke: 'Coaching had nothing to do with the outcome'
* No. 7 Stanford scores 13 in final 24 seconds, beats UCLA 22-13


The widget AQL4JYGHIY powered by Feed Informer does not exist.


* Bernard Schoenburg: Interesting twists in Troemper-Reid circuit judge race
* Statehouse Insider: Do you remember where you were during Rauner's Facebook Live session?
* Compass for Kids supports at-risk children
* Innovate Springfield gives boost to new businesses
* Eric Zarnikow: Aid changes mean students should act now
* Planning underway locally for Illinois' 200th birthday
* Attack on state senator leads to arrest of murder suspects
* Illinois Supreme Court overturns law allowing 6-member juries
* Local unemployment of 4.6 percent still lowest in state
* Bernard Schoenburg: Policy institute criticized for secrecy in Madigan project


* Top of the Morning, Sept. 25, 2016
* History, fashion, food featured at Apple 'n Pork festival
* Sunday Extra: Science should guide transgender therapy
* Study says video gaming has generated about $785 million in taxes since September 2012
* OUTTAKES
* Week in Review: Some stories you may have missed last week
* Solar project to bring jobs to unemployed coal workers
* Popping the bubble: Baby's life saved by screening
* Old King's Orchard celebrates with two anniveraries
* Small towns are feeling the effects of ag economy drop


* Friends sing the praises of 'Voice' contestant Riley Elmore
* LEADING OFF: Mets need innings, Lester makes Cy pitch
* Top 25 Capsules
* Elliott Sadler wins inaugural Xfinity Chase race at Kentucky
* Russell has 4 TD passes, No. 16 Baylor beats Oklahoma State

* House lawmakers overcome hurdle on key tra...
* Rodney Davis talks funding with Bloomingto...
* The agency that fought Illiana gets a new ...
* Rep. Dold takes educational cruise down Ch...
* Lawmakers decry high turnover rate of VA h...
* CBD Oil, and politics
* Simon considering state Senate bid
* Killer Congressman Tom MacArthur trying to...
* Shutdown? State may not notice
* Rep. Bob Dold

* Illinois/Wisconsin briefs - Dubuque Telegr......

* Senators Introduce Legislation Aimed at Bo......
* Report questions accuracy of Kirk, Duckwor......

* Rumdum
* Putting A Fresh Face On The Uptown Theater
* Attempted Hold-Up Of American Metro Bank On Friday
* "A Taste Of Uptown" Is Coming In October
* Carol's Pub Closes (At Least For Now) - One Of Uptown's Last Appalachian-Era Hangouts
* Blues people (an art project).
* Teachers (an art project).
* Wilson Avenue Closed To Vehicles Between Broadway & Clifton 9am-5pm This Week
* Sneak Peek: Upcoming Outdoor Space At Lawrence House
* Where's Weyermuller? At Illinois Tea Party's 2016 Golf Outing & Dinner


* IDOT Hiring in Preparation of Winter Weather - Temporary help needed to assist with snow-and-ice removal, public urged to apply
* Illinois Department of Insurance Reminds ‘Land of Lincoln Health’ Customers to Enroll In New Coverage - The deadline for ‘Land of Lincoln Health’ customers to enroll in a new plan is September 30, 2016; Consumers could experience a gap in health care cove
* Governor Rauner Celebrates Illinois’ Hunting Heritage on National Hunting and Fishing Day
* Governor Signs Executive Order Creating New Illinois Bicentennial Commission
* State of Illinois Announces Online Enrollment Platform for Group Insurance Programs - MyBenefits Marketplace continues Illinois’ digital transformation, improves state employee experience




      Hosted by MCS SUBSCRIBE to Capitol Fax Advertise Here Mobile Version Contact Rich Miller