ICC Announces $318 Million In Credits To ComEd Customers From Return Of Transmission Costs
ComEd Bypassable PJM Services Charges Falling 43%
The Illinois Commerce Commission announced that, due to recent FERC approval of a settlement agreement regarding PJM transmission expansion costs, customers at ComEd will receive $318 million in credits.
The ICC said that credits should start to appear on ComEd customer’s bills beginning this October.
An ICC news release did not specify the mechanism under which the credits would appear on the bill, but the credits relate to transmission expansion costs
However, the ICC's Price to Compare page for ComEd notes that while the bypassable transmission charge that makes up part of the Price to Compare is adjusted annually, usually effective in June, the transmission services charge will change again in October 2018.
According to PlugIn Illinois, the current ComEd Transmission Services Charge effective June 2018 through September 2018 is 1.328 cents per kWh.
Per ComEd's tariff, the PJM Services Charges (PSCs) for residential customers for Sept. 2018 is 1.327¢/kWh
Per ComEd's tariff, the PJM Services Charges (PSCs) for residential customers for the period October 2018 through May 2019 is is 0.749¢/kWh