Dive Summary:

• The Illinois Commerce Commission recently shrank a rate cut for ComEd customers, but the decision did not satisfy the utility’s request; while the ruling is under appeal, customers will already see an average increase in their electric bills of 57 cents a month.
• In addition to the rate appeal, ComEd is delaying its smart meter installation program until 2015, while the 130,000 meters that have already been installed during the program will continue operating as part of a pilot program.
• ComEd had initially asked the ICC to cut rates around $50 million, but the commission decided to quadruple that figure and cut rates a total of $168.6 million.

From the article:

ComEd said Wednesday it will delay key elements of its “smart grid” modernization program and appeal a ruling by the Illinois Commerce Commission that shrank a rate cut but not enough to satisfy the utility.

Meanwhile, customers will see an increase in their electric bills of 57 cents a month on average starting at the end of October, because of the ICC ruling, ComEd said. ...