Capitol Fax.com - Your Illinois News Radar » Déjà vu all over again… and again
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.


* Dispute erupts over how many people can attend a meeting
* ILGOP unleashes robocalls in wake of Senate tax hike vote
* It's just a bill
* Question of the day
* It's not 4.95 percent, it's 5.81 percent for the rest of this year
* Far more heat than light
* Caption contest!
* *** UPDATED x1 *** "Eyes are back on to the Senate"?
* *** UPDATED x2 *** Mendoza warns of "breaking point"
* Can an oligarch be a progressive?
* *** UPDATED x2 - Kennedy responds - Pawar responds *** Pritzker, Biss respond to Senate budget votes
* In her dreams
* Support High-Performing Charter Schools
* "I’m a big believer in win-win"
* Unkind headlines
* Modernize the Vital Records Act - Support HB 1785
* *** 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


* Our View: Did your loved one have life insuranc.....
* Illinois Bonds an Opportunity for `Bold' Invest.....
* Illinois Bonds an Opportunity for 'Bold' Invest.....
* The Latest: Cullerton says OK'd budget had GOP .....
* *** UPDATED x1 *** “Eyes are back on to the Sen.....
* Illinois budget spotlight shifts to Madigan - C.....


* Raimondo attends fundraiser at home of former Playboy CEO
* Mayor seeks to revoke liquor license of club after shooting
* Decatur dad charged in crash that killed 1-year-old daughter
* Special prosecutor to probe Macon County misconduct claims
* Airlines have rules about taking photos, video on planes
* Chicago officials seek requests to overhaul Midway parking
* Indianapolis high school football star dies from shooting
* $100M gift to create University of Chicago health institute
* EXCHANGE: Company looks to put Peoria on the textile map
* Man accused of stealing $10 million in mortgage scheme

* 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

* CME chief recovering from collapsed lung
* Fate of Obamacare repeal teeters on CBO score
* 'Jurassic World' opens at the Field Museum
* DeVry parent changes name


* Unveiling the thinking behind Melania Trump’s headgear choices
* Top-seeded Northwestern golf faces Arizona State in Championship Round
* Man critically wounded in Gage Park shooting
* Former Commerce Sec. Pritzker to President Trump: “You Can’t Wing It.”
* City Council cracks down on valet parking — again
* Melania’s hand swat was so not news
* Oh brother, really big walleye, Heidecke Lake: Fishes of the Week
* Aldermen propose cellphone privacy awareness act
* NBA All-Star Game will return to Charlotte in 2019
* Chicago Police officer pinned by car, suspect shot in Austin


* All aboard: Joliet Rocket steamin' into town
* Cheap out: Five fun things to do for free
* Quigley says Russia probe is 'in its infancy'
* Chicago police shoot suspect as officer is pinned between cars at West Side traffic stop
* Manchester bomber's father arrested, brothers aware of attack plan, Libya says
* Shooting suspect in Cook County judge's slaying indicted on 27 counts
* Mental evaluation sought for man accused in Amtrak shooting; conductor improving
* Elena Delle Donne leads Mystics over Sky in her return to Chicago
* McDonald's shareholder meeting brings roar of protests but few surprises
* Family of Naperville teen who committed suicide sues school, police


» United CEO To Investors: We'll Be More Focused On Customers
» Red-Light Cameras Rake In Millions For Chicago Suburbs
» Judge Delays Decision On How Quickly State Should Pay Medicaid
» 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


* 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


* Alstork picks Illinois
* Hampton Inn coming to Carle at the Fields
* May 29 Bob Asmussen chat
* Six sent to hospital after crash in Fairview Heights
* DeStihl tasting room opens Saturday
* 2017 Global Brass and Copper scholarship recipients announced
* Figge Art Museum to offer free admission starting Saturday
* Reunion salutes Sacred Heart school one last time
* 26-year-old Swansea man faces criminal sexual assault charge
* Granite City man charged for armed robbery, discharge of firearm


* Natural-gas smell is from a print job, Geneva officials say
* How an Elgin group has planned Memorial Day for 125 years
* Driver killed in Fox Lake crash may have suffered medical episode
* Shots fired at Aurora cops; several people arrested
* Fifth 'Pirates of the Caribbean' takes fans on disappointing journey

* House GOP takes first steps to undo financ...
* 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...
* 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...
* Common Cause seeks action to get Trump's t...

* Durbin: Trumpcare Will Rip Away Health Cov......
* Durbin: Trumpcare Will Rip Away Health Cov......
* Durbin: Trumpcare Will Rip Away Health Cov......
* The GOP must fight against the Durbin amen......

* Inspector General Finds 'Cockroach Infesta......

* Cook County municipalities opt out of paid time off, minimum wage hike mandates
* Thorner: Koch Brothers' Money Funds Pro-Con Con Agenda
* Through faith, reconnecting ‘two Chicagos’ divided by violence and inequality
* Confessions of a sniveling collectivist
* If your community news is slanted, Dan Proft may be to blame
* It must be campaign time in Illinois, ’cause someone ‘blew the cap’
* Kwame Raoul wants to stop the violence. Will his new bill accomplish this?
* Making sense of Putin's ‘ghastly trick’
* If only Chicago had been as cavalier about NATO gatherings as Trump is
* Potheads rejoice: Illinois lawmakers move to legalize recreational weed


* 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

  
* Apple Releases New Firmware Update for AirPods
* Galaxy S9 development already on with codename “Star”
* Canada Android Pay availability reportedly begins from May 31
* Apple Shares First Trailer for 'Can't Stop Won't Stop' Sean Combs Documentary
* Chuwi SurBook, light on its feet, stomps all over Indiegogo goal
* Amazon adds shoppable stickers to its iOS app
* [Video] Unboxing the Samsung Galaxy S8

* 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