SUBSCRIBE to Capitol Fax      Advertise Here      Mobile Version     Exclusive Subscriber Content     Updated Posts    Contact
CapitolFax.com
To subscribe to Capitol Fax, click here.
Déjà vu all over again… and again

Thursday, Feb 14, 2013

* A Senate committee voted unanimously this week to give ComEd what it wants

Illinois legislators already gave Commonwealth Edison and Ameren the go-ahead to raise rates, in 2011. They passed a law over Governor Pat Quinn’s objections that changes the formula used to determine what the companies can charge. The new formula was supposed to get ComEd and Ameren more money they could use to pay for improvements to the electric grid.

But the utilities say it didn’t work as intended. They say regulators aren’t letting them charge what they need.

Now the companies are back , asking the legislature to pass another law, clarifying the old one. […]

Consumer watchdogs, like Scott Musser of AARP, say the new proposal is an end run around the courts and regulators.

* And now Peoples Gas wants in on the action

Peoples-backed legislation introduced in the Illinois Senate Wednesday would permit the natural gas utility serving Chicago to boost delivery rates up to 5 percent annually over the next decade.

In return, Peoples would commit to a $1.2 billion infrastructure program centered on replacing the aging cast-iron pipes underneath city streets. Under the bill, that program would have to create at least 1,000 jobs at its peak. […]

As controversial as the “smart grid” law that allowed ComEd to hike rates annually was, this bill may be even more so.

“We have serious concerns with what we’ve seen,” said David Kolata, executive director of consumer watchdog Citizens Utility Board. “Say what you will about the smart grid law, at least it had some measures in it that really are beneficial for consumers. We don’t see anything like that in this bill. We certainly don’t want to see it become law.”

The smart grid, if done right, would be very good for Illinois. Upgrading natural gas infrastructure would also be good for the state. A modern, functional infrastructure is absolutely crucial to a healthy economy, and infrastructure ain’t free, but that price tag does look awful high for no apparent reason other than ComEd got a similar deal for doing a lot more.

- Posted by Rich Miller        


11 Comments
  1. - Small Town Liberal - Thursday, Feb 14, 13 @ 1:22 pm:

    - awful high for no apparent reason other than ComEd got a similar deal for doing a lot more. -

    I don’t believe that’s accurate. Peoples has approximately 2000 miles of cast iron pipe (about half their total) in the ground, some dating back to the 1880s. They were aggressively pursuing a 20 year replacement schedule until a rider added to customer bills was overturned.

    These leaky cast iron mains are dangerous and cost an enormous amount in maintenance each year, and replacing buried pipelines in an urban area like Chicago is extremely expensive.

    ComEd got what they wanted, and now want more. I think there’s a difference.


  2. - Pfft_-_ - Thursday, Feb 14, 13 @ 1:33 pm:

    Whatever happened to the cost of doing business? Nowadays it’s more like “Gladly give me a dollar today and maybe I’ll give you a hamburger tomorrow.”


  3. - Abe the Babe - Thursday, Feb 14, 13 @ 1:50 pm:

    -The smart grid, if done right, would be very good for Illinois. Upgrading natural gas infrastructure would also be good for the state.-

    These bills were and always have been about regulatory reform and not so much about modernizing our grid. The above statement assumes that current laws and regs don’t provide avenues to recover infrastructure expenses in a timely manner. If they want infastructure spending recovered even faster then that could be done. But don’t come down to Springfield and cry jobs and smart meters when it’s really about executive bonuses, inflated costs of equity, fictitious pension assets, and weak performance standards. If these bills were such good public policies then why the need to spend $20 million in lobbying and advertising to pass the bill?


  4. - RNUG - Thursday, Feb 14, 13 @ 2:05 pm:

    Since it’s supposedly good enough for the state retirees, let the businesses get the same for their needs - 1/2 of the CPI-U capped at 3% maximum.


  5. - Loop Lady - Thursday, Feb 14, 13 @ 2:31 pm:

    The overt greed of ComEd never ceases to amaze me…
    Let’s see if the GA does their bidding for them yet again.


  6. - wordslinger - Thursday, Feb 14, 13 @ 2:40 pm:

    ComEd has the clout.

    In addition to campaign contributions, they have an awful lot of jobs to fill. I’m sure recommendations from legislators help.


  7. - walkinfool - Thursday, Feb 14, 13 @ 3:35 pm:

    Com Ed’s got the most effective allies and lobbyists in S’field.

    Fair? What’s that got to do with it?

    People’s has a better case on the merits.


  8. - other guy - Thursday, Feb 14, 13 @ 3:45 pm:

    what happened to natural gas prices going down due to all the fracking?


  9. - Abe the Babe - Thursday, Feb 14, 13 @ 3:52 pm:

    “People’s has a better case on the merits.”

    Not true. People’s has a worse case. At least on the electric side you have the potential benefits to consumers through peak time pricing, energy efficiency, and smart meters. I dont believe you needed formula rates to provide these but at least there was some rationale to the smart grid bill.

    The peoples bill is simply all infastructure. They want regulatory relief for something they are required by law to do now and something they should have been investing in already.


  10. - Going nuclear - Thursday, Feb 14, 13 @ 4:17 pm:

    In the old days, the ICC would hold extensive hearings to rule on a rate hike request. Now the utilities are coming to the legislature to guarantee a rate hike or set up a process for automatic increases. This is not a good trend. We all want to see the electric and gas infrastructure updated, but there should be an open, deliberate process to make sure the utilities justify the increases they need.


  11. - Judgment Day - Thursday, Feb 14, 13 @ 5:16 pm:

    “what happened to natural gas prices going down due to all the fracking?”

    That’s related to the price of fuel. This is all about infrastructure (pipes, pumps, backup electrical capability, software/hardware digital controls for flow management, etc., etc.). Also hopefully) an expansive inventory of spare parts and backup equipment in case primary systems fail.

    What I’d be interested in is how much of this is going to require major digging programs to replace the existing deteriorating underground lines, and if any type of liners using existing piping would function as a feasible alternative.


Sorry, comments for this post are now closed.


* Reader comments closed until Monday
* The Pat Quinn rehab tour continues
* Question of the day
* IML, firefighters unite on "public duty rule"
* Nuclear Energy: Vital for Illinois’ Clean Power Plan Goals
* Tackling opioid overdoses
* Why didn't Hastert's secret come out sooner?
* A silly idea
* AG Madigan wants GA to eliminate statute of limitations for felony criminal sexual assault and sexual abuse crimes against children
* Caption contest!
* A very weird and specific law applies only to one county clerk
* Today's quotable
* 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

  
* LG K530 and K535 could be new additions to the budget-friendly K-series
* Best screen protectors for the Samsung Galaxy S7 Edge
* AnyMote Home review
* Apple to Analyze Recovered iPhone of Florida Teens Lost at Sea
* Second Android N Developer Preview is now available for the Nexus Player
* HTC delays Marshmallow update for AT&T’s One M8 and One M9
* How important is the warranty when you purchase a smartphone?

* White Sox rally late for wild win over Orioles
* White Sox rally late for wild win over Orioles
* Ventura ejected after arguing over slide rule
* Ventura ejected after arguing over slide rule
* Garcia isn't concerned with hamstring issue
* Hit in 57 games, win $5.6 million
* After clawing back, White Sox done in by late HR

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


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

Archives
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


* Local groups counting on stopgap funding plan –.....
* Madigan on phone for county fundraiser – The St.....
* State constitutional amendments – including gra.....
* StateHouse Insider: Time for lawmakers to hunke.....
* Burke saved Trump $11.7M in Chicago property-ta.....


* Disbarred Naperville attorney gets 4-plus years for scheme
* Review finds police shooting of mentally ill man justified
* Naperville must spend $2.5M on handicap accessibility
* Illinois man charged with threatening prosecutor
* Central Illinois Mitsubishi plant sold to liquidation firm
* Illinois budget standoff forces 300 layoffs at Chicago State
* Flooding leaves behind sand, debris in Illinois county
* NIU faculty to form union, seeks voice in school decisions
* Troopers step up highway enforcement for prom, graduation
* Woman pleads not-guilty in poisoning death of husband

* Constitutional amendments face a deadline this week
* Local groups counting on stopgap funding plan
* Normal's Mitsubishi plant sold to liquidation firm
* Director of George W. Bush museum appointed to lead Lincoln museum in Springfield
* Swastikas, noose lead U of I to call for tolerance
* Illinois weighs college aid for students in U.S. illegally
* Young offenders hindered by system, panel finds
* Advocates fear chaos after Rauner home health care ruling
* Report: Laws holding back juveniles with criminal records
* Business leaders say early childhood education funding is key to filling STEM jobs in future

* A challenging climate for Chicago entrepreneurs
* Does Acme make a Rauner-catching machine?
* You're not imagining it, techies: Investment and valuations are dropping
* What Clinton needs to do now to win
* Student housing is one of real estate's hottest sectors—and Chicago's at the heart of it


* White Sox rally twice to defeat Orioles
* Building Blocks: Bears know what type of players they want
* Chicago chefs on special dishes they’d make Mom for Mother’s Day
* Arthur Bryan III, owned The Redhead Piano Bar, dead at 55
* NW Side high school teacher dies in I-294 chain-reaction crash
* Man, 40, shot in foot on South Side in gang shooting: police
* NFL ‘Draft Town’ traffic disrupted by Lake Shore Dr. protesters
* Cubs cap April with best record in game, and they’re winning big
* Brown: Emanuel backing 4 percent surcharge on Airbnb bills
* Sun-Times experts evaluate every Bears draftee


* White Sox 8, Orioles 7
* Saturday's recap: White Sox 8, Orioles 7
* Fatal accident puts spotlight on Aurora intersection
* White House Correspondents' Association Dinner
* Bears agree to deal with quarterback Brian Hoyer as Jay Cutler's backup
* Bears draft Class of 2016
* 1 dead, 5 wounded after South Side shootings
* Bears top pick Leonard Floyd has 'some things you just can't teach'
* Bill Clinton makes pitch for Hillary in Gary
* Obama gets one more chance to zing official Washington at correspondents' dinner


* Our View: Keep focus, momentum moving on rail consolidation
* Angie Muhs: Meet the newest reader advisory board
* Constitutional amendments face a deadline this week
* Local groups counting on stopgap funding plan
* Madigan on phone for county fundraiser
* Time for lawmakers to hunker down at the Capitol
* (No heading)
* Gina Gemberling: Tourism is critical economic driver for Springfield
* Charles Krauthammer: The world according to Trump
* U.S. Sen. Mark Kirk: Why Gitmo can't be closed


* UI roundup: Illini men win at Drake Relays
* Men's tennis rematch set between UI, OSU
* Saturday's highlights: Centennial soccer wins title
* All-female crews help Habitat for Humanity in constructing home for single mom
* Busey Illinois Youth Run 2016
* Patriots pick Karras
* Patriots pick Karras, Bengals take Fejedelem
* Street closures listing
* Weapons charge likely for armed man who charged at police
* UI student arrested over LSD found in room


* Badminton: Buffalo Grove wins fourth straight MSL crown
* Softball: Bailitz, Hersey top Glenbrook North
* Community leaders gather to honor Dr. Martin Luther King Jr.'s leadership
* Baseball: Elk Grove is in its element at Libertyville
* Baseball: Stevenson shuts out BG

* 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

* Cahokia Mounds Could Become National Monum......

* U.S. Sen. Mark Kirk: Why Gitmo can't be cl......

* Weyermuller: When did Drake U turn against conservatives like Turning Point USA?
* Citizen journalist David Daleiden faces continued legal jeopardy
* Elizabeth Warren endorses Duckworth for U.S. Senate
* Tennessee makes it legal for counselors to practice religious beliefs
* Biga: The Eloi Arrive a Tad Early
* Where's Weyermuller? With Ozzie at Special Olympics 2016 kickoff
* Teachers (Deborah Meier).
* Straight out of Brooklyn.
* Tony at the Red Line Tap.
* Teachers (Margaret Mead).


* Emergency Management Officials, National Weather Service Encourage Winter Preparedness - November is Winter Weather Preparedness Month in Illinois
* Keep Your Family Safe This Winter - November through February are leading months for carbon monoxide related incidents
* Governor Takes Bill Action
* Illinois Department of Labor Director Hugo Chaviano Awards Governor’s Award for Contributions in Health and Safety to the Illinois Refining Division of Marathon Petroleum Company LP
* State Regulator Elected Treasurer of Interstate Medical Licensure Compact




Hosted by MCS -- CapitolFax.com Privacy Policy -- SUBSCRIBE to Capitol Fax -- Advertise Here -- Mobile Version -- Contact Rich Miller