Politics & Government
ComEd Customers Will Receive $803M In Bill Credits In 2026
ComEd said the credits were made possible by the Climate and Equitable Jobs Act, which requires nuclear plants to pay when prices are up.
ComEd customers across Illinois will see a reduction in their electricity bills in 2026, as the company distributes $803 million in "credits."
The bill credits are possible under the framework established in the Illinois Climate and Equitable Jobs Act (CEJA), which requires nuclear plants to pay customers when prices are high. No action is required by customers to receive the credits.
In total, the hundreds of millions in credits will amount to about $13 a month for most residential users. Customers can expect to see the credits on their bills during the first five months of the new year.
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?ComEd will always advocate on behalf of our customers, and we are encouraged to see significant savings being passed through to them as a result of Illinois? leadership in clean energy policy,? said Gil Quiniones, president and CEO of ComEd. ?Thanks to the foresight and leadership of Governor Pritzker and the Illinois General Assembly, CEJA puts our customers on a path to a cleaner future while upholding our commitment to ensuring sustainability and affordability.?
The funds are being returned as part of the CEJA's Carbon Mitigation Credit program, which aims to protect customers from over-paying. The program is in effect through 2027.
Find out what's happening in Across Illinoisfor free with the latest updates from Patch.
Over the summer, customers noticed a stark jump in their bills, with some reporting their electricity costs going up hundred of dollars. With a bitter winter promised, many households have been staring down rising heating bills.
While future prices cannot be predicted with certainty, ComEd said the CMC program is expected to keep providing credits, helping to offset supply cost increases and support families during periods of economic uncertainty.
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