Ill. Vote Will Delay $2.6B Smart Grid Upgrade, ComEd Says

Law360, New York (October 4, 2012, 8:17 PM EDT) -- Exelon Corp. subsidiary Commonwealth Edison Co. on Wednesday promised litigation and warned of harm to consumers after the Illinois Commerce Commission rejected some of its funding requests related to a $2.6 billion electricity system upgrade that includes creation of a digital smart grid.

The Chicago utility, which serves 3.8 million customers in northern Illinois, said the commission’s vote to allow it cost recovery on pension-related matters but deny money on a pair of other issues runs afoul of the state’s Energy Infrastructure Modernization Act, which lawmakers...
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