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The Atlanta-based owner of Nicor Gas last week laid off about 25 mid- and senior-level employees and for now has halted merit raises for many workers.
A policy adviser to ICC Chairman Doug Scott will become the next director of the state office that buys electricity on behalf of utility customers.
Legislation introduced in the state Senate would permit the utility to boost delivery rates up to 5 percent annually over the next decade.
Illinois Senate President John Cullerton today introduced legislation that would give ComEd the favorable rate treatment it didn't get last year from state utility regulators.
When is a ban on utility rate increases not one? AGL Resources Inc., owner of suburban utility Nicor Gas, appears to be getting ready to answer that question.
The 41 percent cut caps the annus horribilis of Chris Crane, who took over for predecessor John Rowe as CEO nearly a year ago and has presided over a series of woes and setbacks.
The Nuclear Regulatory Commission is accusing Exelon of misleading the agency over several years on the health of its funds to clean up many of its nuclear power plants.
Exelon gave no reason for Mr. Thompson's decision not to stand for re-election to the board this year. Mr. Thompson has served as an Exelon director since 2007.
Judge finds utility liable for its response to the worst summer storm in 2011.
Exelon's retail power sales unit was a distant runner-up to Integrys, the winner of the city's contract to provide electricity to its nearly 1 million households and small businesses.
Company will sell natural gas plants, but plans for its coal plants are uncertain.
(AP) — Commonwealth Edison is expecting significant damage to its system in Northern Illinois and power outages as the first winter storm of the season bears down on the area.
$89 million rate hike will add about $1 to the average residential bill.
The long-anticipated move marks an important chapter in determining the future of MidwestGen's four power-plant stations, three of which are in the Chicago area.
Chicago residents will pay a price for their electricity under the city's contract with Integrys that's roughly in line with the deals far smaller suburbs have been getting in recent weeks.
Commonwealth Edison CEO Anne Pramaggiore resigned her seat on the board of Motorola Solutions Inc. on Wednesday because of a regulatory quirk.
Now Integrys will move quickly to lock in a power price through May 2015 for the more than 900,000 customers it soon will serve.
Integrys Energy Services won the bidding to provide electricity to more than 900,000 households and small businesses.
In a first-of-its-kind requirement, bidders must specify the percentage of each power source they'd use to meet the city's electricity needs. The goal: little or no supply from coal-burning plants.
The Illinois Commerce Commission today agreed to ComEd's request to delay installing smart meters in its service territory until 2015.
Unemployment is falling across the country — some places faster than others. The rate in the Chicago metropolitan area comes in 2 percentage points above the national figure.
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