ComEd To Pour $2.6B Into Ill. Electric Grid Upgrade

Law360, New York (January 6, 2012, 6:31 PM EST) -- Electricity provider Commonwealth Edison Co. will spend $2.6 billion over the next decade to improve electrical systems and add a new digital smart grid in northern Illinois, according to an infrastructure investment plan filed with the Illinois Commerce Commission on Friday.

The project will be funded by rate increases of about $3 per month on average for Illinois customers, ComEd said in the report. The funds will be split evenly between improvements to the existing electrical system and development of the smart grid and advanced in-home...
To view the full article, register now.