Illinois regulators OK $38M in ComEd customer refunds tied to …

Aug 18, 2022 · The Illinois Commerce Commission, or ICC, on Aug. 17 issued an order (dockets 21-0607, 21-0739) approving ComEd's proposed refund to cover all costs that any party contends were used in connection with allegations detailed in a deferred prosecution agreement with …

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Illinois Regulators OK $38M In ComEd Customer Refunds Tied To …

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ComEd To Pay $38 Million In Rebates To Illinois Customers In Wake …

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Aug 17, 2022 · The Illinois Commerce Commission approved a plan for ComEd to issue a $38 million rebate to customers in the wake of a bribery scheme that has seen numerous high …

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$38 Million 'bribery' Refund For ComEd Customers Amounts To $5 …

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Jun 15, 2022 · (The Center Square) – State regulators are considering a $38 million proposal for refunds to Commonwealth Edison customers in connection with a federal bribery scandal. The …

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ComEd To Pay Out $38M In Rebates, $200M Fine For Bribery …

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Aug 19, 2022 · ComEd CEO Gil Quiniones said in a statement that the $38 million refund “resolves any question of whether customer funds were used in connection with the …

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ATTORNEY GENERAL RAOUL URGES COMMERCE …

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(CUB), filed an application for rehearing requesting the Illinois Commerce Commission (ICC) revisit its Aug. 17 decision ordering Commonwealth Edison (ComEd) to refund $38 million to …

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Illinois AG Wants ComEd To Pay Customers Larger Refund After …

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Sep 20, 2022 · The Illinois Commerce Commission approved a $38 million settlement after the utility company admitted in federal court it paid more than $1 million in bribes to members of …

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Proposal Calls For ComEd To Pay $38 Million Back To Ratepayers For ...

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Jun 15, 2022 · Commonwealth Edison electricity customers would get more than $38 million in refunds tied to the federal bribery scandal that led to former Illinois House Speaker Michael …

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Regulators Approve Accelerated Plan For ComEd To Deliver $434 …

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Jul 12, 2022 · The Illinois Commerce Commission approved the plan last week to credit nearly $485 million in tax refunds to the state’s electric customers beginning in 2023, including $434 …

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ComEd Customers Will Get Their Bribery Scandal Refunds

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Aug 17, 2022 · The average household ratepayer in northern Illinois will get a $4.80 credit on their electric bill next April in recompense for Commonwealth Edison’s nine-year-long bribery scheme.

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Here's When Illinois ComEd Customers Might See A Rebate

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Sep 28, 2022 · Last month, the Illinois Commerce Commission approved a plan requiring ComEd to issue $38 million in rebate to customers amid a high-profile bribery scandal that saw the …

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Lawsuit Seeks $150M In ComEd Refunds After Bribery Scheme

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Jul 28, 2020 · A class-action lawsuit seeks $150 million in refunds from ComEd for customer rate increases and other benefits the utility received from Illinois as part of an alleged bribery scheme.

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Chicago, Illinois Attorney General Call For Higher ComEd Bribery …

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Feb 10, 2022 · In testimony submitted to state regulators, the city, state attorney general and Citizens Utility Board said ComEd should refund more than $49 million to ratepayers rather …

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FAQs about Illinois regulators OK $38M in ComEd customer refunds tied to … Coupon?

Why are ComEd customers getting a $38 million refund?

ComEd customers will be receiving a $38 million refund due to a bribery investigation linked to the utility company. The Illinois Commerce Commission approved the refund during a meeting Wednesday morning. The refunds are tied to allegations of misconduct involving former ComEd employees and lobbyists for the company. ...

Why is ComEd getting a $38 million bribery refund?

ComEd customers will be receiving a $38 million refund due to a bribery investigation linked to the utility company\. The Illinois Commerce Commission approved the refund during a meeting Wednesday morning. Customers should see the refund as part of their bill for April of next year. ...

What is the amount of the COMED rebate?

The COMED rebate amounts to a $4.80 refund on average for each customer, which will be delivered as part of their April 2023 bills. ComEd also was required to pay a $200 million fine to the government as part of a deferred prosecution agreement in connection with the scheme. ...

Did ComEd use customer funds in a deferred prosecution agreement?

The utility company, ComEd, stated that "today’s approval of ComEd’s voluntary $38 million customer refund resolves any question of whether customer funds were used in connection with the unacceptable conduct detailed in the July 2020 deferred prosecution agreement". ...

Will ComEd pay off bribery costs from the rebate?

According to an announcement Wednesday, the Illinois Commerce Commission approved a plan for ComEd to issue a $31 million rebate directly to consumers to help pay off costs associated with the bribery scheme\. Another $7 million rebate will be awarded to consumers through a ‘federal regulatory process'. ...

Is ComEd a good company?

According to an announcement Wednesday, the Illinois Commerce Commission approved a plan for ComEd to issue a $31 million rebate directly to consumers to help pay off costs associated with the bribery scheme, while another $7 million rebate will be awarded to consumers through a ‘federal regulatory process'. ...