HomeMy WebLinkAboutRESOLUTION - 20-87 - 3/24/1987 - CALLING ON ICC/REJECT COMED'S INCREASERESOLUTION NO. 20-87
A RESOLUTION CALLING ON THE ICC TO REJECT COMMONWEALTH EDISON'S
PROPOSAL FOR THE LARGEST RATE INCREASE IN ILLINOIS HISTORY
WHEREAS, fair and affordable electric rates are essential for the economic
well-being of both residential and business consumers in our community; and
WHEREAS, the Illinois General Assembly has granted the Illinois Commerce
Commission with the authority and the responsibility to assure fair and
reasonable electric rates; and
WHEREAS, Commonwealth Edison is the largest supplier of electricity to
consumers in northern Illinois, and Edison has been granted nine rate increases
in the last thirteen years, and these increases have totaled over 2.8 billion
dollars in higher rates to consumers during that period; and
WHEREAS, groups representing Illinois consumers are currently involved
in a number of proceedings before the Illinois Commerce Commission which may
result in significant rate reductions and refunds for Commonwealth Edison
customers; and
WHEREAS, Commonwealth Edison has asked the Commission to suspend these
proceedings involving potential savings of billions of dollars to utility
consumers and has requested that the Commission order the largest rate in-
crease ever in just nine weeks, and Edison has made this request despite the
opposition of every consumer group involved in rate case proceedings before
the Commission; and
WHEREAS, the issues involved are extremely complex, with rate cases
typically requiring eleven months of investigation, analysis and deliberation;
and
WHEREAS, the interests of business and residential consumers in our
community are being seriously compromised by suspension of current proceedings
and the unreasonably swift consideration of Edison's request for an increase;
and
WHEREAS, the decision made by the Commission in this case will have a
profound effect on the level of electric rates for the next twenty years.
NOW, THEREFORE, BE IT RESOLVED, by the President and Board of Trustees
of the Village of Elk Grove Village, Cook and DuPage Counties, Illinois as
follows:
Section 1. That the Village of Elk Grove Village memorializes the
Illinois Commerce Commission to reject Commonwealth Edison's proposal for
the largest rate increase in Illinois history.
Section 2.
That the Village of Elk Grove Village memorializes the Illinois
Commerce Commission to avail itself of the full amount of time granted by the
Illinois General Assembly for the thorough and complete examination of any
rate increase proposal.
Section That the
Village Clerk is hereby directed to prepare and send
a copy of this Resolution to the Chairman of the Illinois Commerce
Sect! q . That Chis Resolution Commission.
shall be in full force and effect from
and after its passage and approval according to law.
VOTE: AYE: 6 NAY: 0
ABSENT: 0
PASSED this 24th
d
APPROVED this Nth ay of March 1987.
day of March 1987
Charles J. Zettek
Village President
ATTEST:
Patricia S. Smith
Village Clerk