ComEd eyes rate hike for remaining customers

Faced with more competition, Commonwealth Edison is considering raising rates to its remaining customers.

Faced with the possible loss of much of its customer base as hundreds of suburban communities, including Evanston, vote on alternative energy supplier referendums this spring, Crain's Chicago Business is reporting that ComEd is considering raising the "purchase electricity surcharge" to its remaining customers.

One plan floated by the utility but then withdrawn would have raised overall rates by 4 percent next month.

The utility says the new competition to supply power makes it more difficult for it to forecast how much power to purchase to meet its needs.

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