ComEd claims that House Bill 14 is necessary for investments in “smart” technologies. Let’s see what they really say….
Tuesday, Apr 26, 2011 - Posted by Advertising Department [The following is a paid advertisement.] ComEd President and COO, Anne Pramaggiore: Exelon (ComEd’s Parent Company) CEO John Rowe: “Smart grid we are reluctant to embrace because it costs too much and we’re not sure what good it will do… The real issue is are we doing the customers more good by putting money into more advanced electronics or would we do them more good by putting the same money into replacing more old cable? To me that’s an unknown answer. If I had to choose, I’d bet on the cable.” http://www.eenews.net/tv/transcript/1293 House Bill 14 is the wrong bill at the worst time. The bill completely ignores ComEd’s current Smart Meter pilot, which was funded by a surcharge on customer’s bills. What would motivate ComEd to rush for full Smart Meter deployment before pilot results are known and analyzed? The answer: profit margins. AARP urges lawmakers to oppose House Bill 14.
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