Capitol Fax.com - Your Illinois News Radar » Today’s number: $16.2 million
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.


* Rep. Ives pre-files for Senate tax hike sponsorship
* *** UPDATED x3 - Radogno responds - Madigan responds - ILGOP responds, blames Madigan *** Senate passes tax hike bill
* The least of the House's problems
* Fitch looks to June 30, not May 31 for action deadline as Rauner demands property tax relief
* Suburbs raking in red-light cam bucks
* Gov. Word Salad
* It's just a bill
* Question of the day
* Our sorry state
* Unsolicited advice
* "What we are being asked to do is cut off vital organs"
* GOP gearing up for 2018
* *** UPDATED x1 *** Kennedy can't or won't explain misleading property tax claim
* 69 percent say Illinois on wrong track, 69 percent say budget is most important issue
* New Poll Shows 76% of Illinois Voters Oppose Increased Data Collection Legislation
* Another hostage warns of imminent demise
* HDems say they want to work in "good faith" with Rauner
* Senate Dems try to go it alone with their own budget plan
* Broken promises, broken state cause bond downgrade in Quincy
* *** LIVE *** Session coverage
* SUBSCRIBERS ONLY - Today's edition of Capitol Fax (use all CAPS in password)
* Yesterday's stories

Support CapitolFax.com
Visit our advertisers...

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

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

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

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

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

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

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

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


Loading


* Work to continue Wednesday on budget for Illino.....
* DCFS under fire after closing abuse probes quickly..
* Day after Senate budget vote, GOP tries to push.....
* Madigan back in shadows this spring after Raune.....
* Morning Spin: City Council could address gun ra.....
* Day after Senate budget vote, GOP tries to push.....
* Day after Senate budget vote, GOP tries to push.....
* Madigan back in shadows this spring after Raune.....
* Day After Senate Budget Vote, GOP Tries to Push.....


* EXCHANGE: Company looks to put Peoria on the textile map
* Man accused of stealing $10 million in mortgage scheme
* Chicago education officials considering borrowing plans
* Day after Senate budget vote, GOP tries to push Rauner plan
* $100M gift to create University of Chicago health institute
* Airlines do limit what you can photograph, video on flights
* After England bombing, Chicago reminds people to be alert
* Illinois treasurer returns Purple Heart to WWII vet's family
* Science Says: Whale of a mystery solved? How they got so big
* Hines VA Hospital staff say they've rid kitchen of roaches

* House Democrats propose college grant program
* Senate Dems approve $5.4B tax increase; budget fight continues
* Budget showdown: Senate Dems approve $5.4B tax increase
* Budget showdown: Senate Dems approve $5B tax increase
* Red-light cameras rake in millions for Chicago suburbs
* Budget showdown: House Dems call on Rauner to negotiate
* Budget showdown: House Democrats call on Rauner to negotiate
* Illinois Senate plans to vote on budget today
* Museums team up for reflection on former Gov. James Thompson
* Workers' comp changes could face Illinois Senate vote

* Duchossois family donates $100 million for new U of C wellness institute
* Next month's electricity price hike is just the start
* Here's what you probably don't know about Illinois pensions
* Together again: Victor Reyes and the Daleys
* Illinois gets slice of $18.5M Target data breach settlement


* Rock bass big enough for Illinois record: Reasons why not worth seeing
* Police: Man tried to drag woman to car in Elgin
* Chicago-area family giving $100 million to U of C
* Police: Person killed in Fox Lake crash
* Man shot to death in Harvey
* Boy, 15, fatally shot in Chicago Heights
* Georgia Nicols horoscopes for May 24, 2017
* Dear Abby: In love with a man who’s cheated before
* Jon Lester pitches complete game in Cubs’ 4-1 win over Giants, Cueto
* Jesse Jackson Jr. on hook for $122K for Chicago divorce lawyers


* All aboard: Joliet Rocket steamin' into town
* Cheap out: Five fun things to do for free
* Quigley says Russia probe is 'in its infancy'
* Madigan back in shadows this spring after Rauner's attacks
* Morning Spin: City Council could address gun ranges, valet parking and the United dragging Wednesday
* Historic Lincoln Park row house: $1.4M
* LINDA C. BLACK HOROSCOPES for 5/24/17
* FCC: No punishment for late-night host Colbert's Trump joke
* China stocks fall after rating cut, other Asian markets gain
* Mother worries excessively, wants to let go


» How Would Trump’s Budget Affect Illinois?
» Illinois Democrats Pass Budget Proposal in Senate
» Illinois Senate Approves Tax Hike, $37B Budget Plan
» Chicago Teachers Give Schools Chief No Confidence Vote
» Palatine Transgender Student To Graduate, But Locker Room Debate Continues
» Unusual Suspects: Who Supports Stricter Punishment For Illinois’ Repeat Gun Offenders
» Springfield Developer, Lobbyist Pitch Downtown Casino
» Cook County Board President To Seek Third Term Next Year
» 2 More Leaks Found Along Dakota Access Pipeline
» Springfield Casino? A Businessman Likes The Odds


* Sounding the Alarm: Unacceptable
* House Democrats propose college grant program
* Senate Dems approve $5.4B tax increase; budget fight continues
* E.J. Dionne: Can the pope save Trump?
* Byron York: At this rate, it won't matter if Trump colluded with Russia
* Guest Column: Innovation key to improved public works infrastructure
* Catherine Rampell: To see how Trumpcare would work, look to Iowa
* Michael Gerson: Trump's house of betrayal
* Budget showdown: Senate Dems approve $5.4B tax increase
* Budget showdown: Senate Dems approve $5B tax increase


* Grab that umbrella, it’s going to be another wet day in the metro-east
* Our View: Unacceptable
* Daily Digest 5/24/17
* Wong named special prosecutor in Macon County misconduct probe
* Rick's Six: Fog, lane closures and a vet's park fight
* Upcoming Services for May 24
* Switch flips on region’s first 1 gigabit-per-second internet city
* A mission to comfort: Quilt honors veteran for years of service
* Illinois Senate Democrats vote for $5.4 billion tax increase
* Change could leave Route 66 without funding


* Downers Grove family's 'lighthearted' race aims to improve mental health support
* Dawn Patrol: Woodridge husband shot pregnant wife before killing himself
* 3 more arrests in Manchester; London tourist sites protected
* 'We can use peace': Trump and Pope Francis meet
* Trump's health care budget means deep cuts for safety net

* US Rep. Randy Hultgren's office the scene ...
* Second Democrat announces bid to unseat Hu...
* Sweet: Hultgren, Roskam, Kinzinger avoid b...
* Local Republicans, Democrats praise appoin...
* Batavia resident announces candidacy for 1...
* Comey's firing, health care fuel voters' a...
* Teacher raised in Yorkville running agains...
* Jim Walz Will Challenge Randy Hultgren for...
* PHOTOS: Protesters stage die-in at Randy H...
* Protesters continue die-in at US Rep. Rand...

* The GOP must fight against the Durbin amen......

* Hines VA Hospital staff working to rid kit......
* Senator Duckworth Calls For Investigation ......

* Too many “Bonds” for Moore’s death to be definitive blow to film franchise
* Magic Show Tonight At The Bezazian... And More Events Coming
* That Was Quick. TCF Bank Robbery Suspect Arrested By FBI
* EXTRA: $40, and a new life
* “The Driver’s Side” – News From The Motorist’s Perspective
* Taco Thursday At Larry's
* LSD Closed On Sunday Morning For Bike The Drive
* Cook County Democratic Party announces dates for pre-slating, slating
* Vibist Paris Smith is an undiscovered treasure of Chicago underground jazz
* WBEZ Reporter Natalie Moore Will Speak About Chicago and Segregation Wednesday In Uptown


* Illinois Awarded Funds to Offer Advanced Training on Detecting Impaired Driving
* Illinois EPA Announces Upcoming Household Hazardous Waste Collection Events
* IEMA Highlights Emergency Preparedness for People with Access and Functional Needs in May - Ready Illinois website offers preparedness tips for people, caregivers
* First Lady Launches Illinois Family Connects
* Governor and Lt. Governor Unveil 2016 Journal of Local Government Shared Service Best Practices

  
* Google Adds New Family Sharing Features to Calendar, Keep, and Photos
* It’s ridiculously easy to bypass the Galaxy S8’s iris security, using a printed photo and contact lens
* Pinterest opens up autoplay videos in home feed and search with new measurement tools
* Apple Launches App Development Curriculum for U.S. High School and College Students
* Another interesting LG G5 deal bundles the phone with an LG 360 VR headset for $300 total
* HTC U11 unboxing: A jam-packed experience (Video)
* Time to also check out the unreleased Moto G5S Plus in sharp render form, dual cam and all

* Quintana looks to avoid another no-decision
* Renteria uses NL maneuvers to guide club
* Trio of HRs not enough as White Sox fall in desert
* Keeping it 100: Abreu hits milestone homer
* Covey exits start in 3rd with oblique soreness
* Trio of HRs not enough as White Sox fall in desert
* Quintana looks to avoid another no-decision


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

Archives
May 2017
April 2017
March 2017
February 2017
January 2017
December 2016
November 2016
October 2016
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




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