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NewsFriday, July 27, 2007 1:39 PM CDT
$1 billion electric rate deal sent to governor
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SPRINGFIELD — After months of negotiating, the Illinois House and Senate on Thursday both approved a $1 billion deal that forces Ameren and ComEd to give rebates to their customers across the state.

The plan needs Gov. Rod Blagojevich’s signature before it becomes law. Spokeswoman Rebecca Rausch said that while the governor has been calling for rate relief, he needs time to look it over.

“We need to review the bill,” Rausch said.

If Blagojevich signs off, ComEd and Ameren would begin issuing rebates to customers in September. Most Ameren customers would get checks in the mail. ComEd customers would get credits on their bills.

Customers would get various amounts, but in general the higher someone’s rates spiked in January, the bigger the rebate. Both utilities say the credits would refund about half their increases.

Ameren says everyone would get at least $100 for the year, starting with at least an $80 check in September.

The measure passed on an 80-33 vote in the House and a 40-11 vote in the Senate.

Most opposition came from Republicans, some of whom disagreed with the amount of money the deal offers.

State Rep. Mike Bost, R-Murphysboro, said that because lawmakers talked so much about cutting electric rates all the way back to 2006 levels, anything less will be met with disapproval.

“This is crumbs that are being thrown to our constituents,” he said. He voted “yes,” though, saying there were no other deals to be voted on.

A majority of the deal was hammered out behind closed doors since lawmakers threatened to force the utilities to cut their rates. Republicans had complained that while they sat in some meetings, they were closed out of negotiating the final deal.

Some Democrats disagreed.

“Anyone who wanted to be part of those negotiations could be,” said state Rep. Bob Flider, D-Mount Zion.

The $1 billion comes from the utilities and electric generation companies. Exelon and ComEd combined to pay $800 million of the final tab.

And the final deal also includes the creation of a new state agency that supporters say could help keep rates in check in the future.

State Sen. Bill Brady, R-Bloomington, who voted against the measure, remained skeptical of that idea.

“We don’t need to create another government entity,” he said.

State Sen. Dan Rutherford, R-Chenoa, did not vote.

The measure was sponsored by state Sen. Gary Forby, D-Benton, in the Senate and state Rep. George Scully, D-Flossmoor, in the House.

The legislation is Senate Bill 1592.

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Reader comments on this story - 13 total

Note: All views and opinions expressed in reader comments are solely those of the individual submitting the comment, and not those of the Pantagraph or its staff.

Chelly wrote on Jul 27, 2007 2:10 PM:

" Amazingly after this deal was worked through I lost power in rain this AM for 3 hrs along with 6,000+ other Ameren customers. "

Gov't Opressed Mule wrote on Jul 27, 2007 12:02 PM:

" HOW IS THIS HELPING AFTER WE GET THE CHECKS? Our rates will still be jacked up. This is nothing more than a political smoke screen used by OUR politicians to hide the fact that their hands are in the back pockets of the power companies and they are not doing their job. THIS STATE IS PREPOSTEROUS! "

Next Election wrote on Jul 27, 2007 11:04 AM:

" I hope everyone votes for the new guy on the ballot for the next election. Maybe we can get things cleaned up before they get corrupted by Corprate (I can't say America) unAmerica. The government is for the PEOPLE not the individual and I think we need to stand together and get it back to what it should be. "

Let's do the math wrote on Jul 27, 2007 9:34 AM:

" My electric rates increasedy by 100%. If I get a $100 refund, that comes no where close to what I paid in increases. This bogus refund scheme all looks like a big smoke screen to hide the fact that Ameren and ComEd are getting away with a lot more than what it looks like. "

What a farce wrote on Jul 27, 2007 8:39 AM:

" The small cash refunds will not even come close to the extra amount we paide due to the huge increase. If I understand correctly the rate will be the same inflated rate we are now paying plus it will be subject to continued annual increases. How is this supposed to help us? "

democrat wrote on Jul 27, 2007 8:28 AM:

" This is the best they can do? I can wait to vite GOP for the first time in State Politics next year. Bring on anyone other than the current incumbents. Let's see if Ameren continues to line their pockets when they're unemployed! Of course all of my state legislators are GOP so that won't make a difference. I just hope Chicago wakes up. "

Maybe.... wrote on Jul 27, 2007 7:10 AM:

" Maybe they could discuss and act upon something truly important; such as passing Concealed Carry for Illinois residents. "

Mary wrote on Jul 27, 2007 6:50 AM:

" Can't wait to get my $1 billion! Thank you, Rod! "

So Excited wrote on Jul 27, 2007 6:35 AM:

" Wow I can't wait either for my $100.00 from Ameran. Makes a person sick while the CEO's get a whopping huge bonus check. And our state leader waste thousands of dollars each day flying and driving back and forth to work (per say) each day working on the budget. (So they say). This does not even touch the raise in our electric bill since January so why did they waste all this time bickering about this. They should have been getting the budget passed so our lovely state goverment does not shut down. Of course this will not affect any of the pigs that set in the capital robbing us each and everyday. But anyway hope when you go to bed tonight you all can sleep well with you pockets and bank accounts full of money. While us working class continue to stay up nights wondering how we are going to pay for the luxury of having lights. "

nuts wrote on Jul 27, 2007 6:30 AM:

" they say now we may get $80 rebate checks, big deal that's far less tahn 1 months electric bill and this is relief? i call it a slap in the face. maybe it's time after living here 49 years to try another state to live in "

redbirds1202 wrote on Jul 27, 2007 1:12 AM:

" I got a $50 credit last month from ComEd. So my total electric bill for the month was $6. I'm glad I don't live in B-N anymore. My electric bills when I lived there were the highest of anywhere I've ever lived. "

psychicynic wrote on Jul 26, 2007 7:47 PM:

" I can see them now. all these Illinois lawmakers jumping up and down, squealing with glee, waving around fistfuls of bribe money. Oops, I mean campaign contributions. This bunch has lost all moral authority. There has to be some kind of pay-back. "

Can't Wait wrote on Jul 26, 2007 6:40 PM:

" I have paid about 1300.00 more on electric this year then last year. I can't wait to get my 100.00. It will pay for about 4 days of my next electric bill. I am also looking forward to the next election. "

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