Dive Summary:

• The Illinois House on Thursday passed a new ComEd-supported bill 86 to 28, potentially providing revenue to fund new smart grid developments in the in state, including the expansion of a smart meter pilot program.
• Illinois Governor Pat Quinn is now expected to veto the bill, which would give ComEd $2.6 billion through consumer rate hikes over a 10-year period.
• The bill's sponsors, however, will have the chance to attempt a veto override.

From the article:

"... In exchange for $2.6 billion in consumer rate hikes over 10 years, ComEd had pledged to digitize the electrical grid. The utility said that operational changes would ultimately save money and that in-home devices would give consumers more control over their electricity usage. New smart meters were to be installed throughout ComEd's service territory of roughly 3.8 million customers. About 130,000 have been installed as a pilot project. ..."