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[The following is a paid advertisement.]
…..but a wolf in sheep’s clothing is still a wolf.
ComEd and other Illinois utility companies have revamped their automatic rate hikes bill – House Bill 14 (Amendment #3). They claim the bill is now more “consumer friendly.” The reality: the revamped version of House Bill 14 is now a wolf in sheep’s clothing.
In spite of changes in the way in which rate cases would be brought before the Illinois Commerce Commission, the most troubling aspects of the bill are still in place: locking in rate hikes for Illinois consumers for a number of years; and bolstering utility company profit margins. The consumer is still on the losing end of House Bill 14
The simple fact that utility companies have revamped the bill shows that it was the wrong bill to begin with. The changes are no more than cosmetic, aimed at deflecting some of the public pressure brought on utility companies by a number of elected leaders, including Governor Pat Quinn and Attorney General Lisa Madigan, as well as consumer advocacy organizations.
House Bill 14 is still the wrong bill at the worst possible time. AARP urges lawmakers to oppose House Bill 14.
posted by Advertising Department
Thursday, May 12, 11 @ 12:16 pm
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