Energy News for the Illinois Market

Capacity prices nearly double in largest U.S. power market

By: Jeffrey Tomich |

The cost of ensuring adequate available generation in the nation’s largest power market surged as power plant operators raised offer prices to offset lower energy revenues and fewer new natural gas plants coming online.

PJM Interconnection yesterday said clearing prices for capacity across much of its 13-state footprint nearly doubled […]

Report: Illinois Can Reliably Replace Dynegy-Vistra Coal Fleet and Save Up To $14 Billion

By: |

All of Dynegy-Vistra’s coal fleet in Southern Illinois can be replaced without damaging the regional stability of Illinois’s electricity grid, and this replacement could save Illinois ratepayers up to $14 billion, according to a report released today by the Natural Resources Defense Council (NRDC) and Sierra Club. The […]

2018-05-17T09:51:05-05:00May 17th, 2018|Illinois Market|

Ameren files for rate rise but says bills should go down in 2019

By: Tim Ditman |

A recent Ameren filing with the Illinois Commerce Commission could lead to an electricity-rate increase, but the utility said other factors will actually lead to an overall decrease on your power bill starting in January.

Ameren spokeswoman Marcelyn Love said the company last week filed its annual reconciliation of costs related […]

2018-04-26T10:23:52-05:00April 26th, 2018|Illinois Market|

Illinois Commerce Commission orders five major utilities to share tax savings with customers

By: Kevin Randolph |

The Illinois Commerce Commission (ICC) recently approved tariffs requiring five Illinois utilities to pass savings from federal corporate income tax reductions on to their customers.

The affected utilities are Peoples Gas, North Shore Gas, Nicor Gas, Ameren Gas, and Illinois-American Water Company.

“The Commission’s orders Thursday will ensure that tax savings […]

2018-04-24T14:05:24-05:00April 24th, 2018|Illinois Market|