ComEd customers paying for modernization legislation exposed in bribery scandal: report
Report claims consumers have seen a 37% increase in the delivery portion of their electricity bills
CHICAGO (WLS) -- Consumers are paying the price for the legislation that ComEd obtained in the recently exposed bribery scandal, according to a new report.
The Illinois Public Interest Research Group claims the "smart grid" and modernization legislation allowed ComEd to increase profits by 47% over eight years.
The watchdog report also claims consumers have seen a 37% increase in the delivery portion of their electricity bills.
RELATED: ComEd $200M bribery scheme fine won't be passed on to consumers
While ComEd admitted to its role in the bribery scheme, it disputes the report's findings. They said consumers have seen benefits from the modernization, including fewer unplanned outages.
