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Big biz challenges ComEd surcharge: An association including AbbVie and ADM is asking regulators to overturn a decision allowing ComEd to claw back more than $100 million in credits it previously made to customers.
- Source :
- Crain's Chicago Business; 9/11/2023, Vol. 46 Issue 36, p4-4, 1p
- Publication Year :
- 2023
-
Abstract
- An association representing more than 120 corporations, including high-profile locally based heavyweights like drugmaker AbbVie and agribusiness giant Archer Daniels Midland, has asked state regulators to overturn a Commonwealth Edison surcharge that they say is collectively costing them more than $100 million. Those credits, which turned out to be wildly and overly generous, were tied to payments under the 2021 clean-energy law that nuclear power generator Constellation Energy Group made to ComEd under provisions to bail out three nukes in Illinois. [Extracted from the article]
- Subjects :
- SURCHARGES
CONSUMERS
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Subjects
Details
- Language :
- English
- ISSN :
- 01496956
- Volume :
- 46
- Issue :
- 36
- Database :
- Supplemental Index
- Journal :
- Crain's Chicago Business
- Publication Type :
- Periodical
- Accession number :
- 171965601