AARP IL, CUB CALL FOR LEGISLATION TO PROHIBIT UTILITIES FROM CHARGING CUSTOMERS MILLIONS FOR SELF-SERVING PR CAMPAIGNS, RATE-HIKE LEGAL FEES
CHICAGO, Feb. 15, 2024 /PRNewswire/ -- Illinois utilities would be prohibited from charging customers potentially tens of millions of dollars for self-serving purposes to increase their political power and advance their agenda, including goodwill advertising, political-issue campaigns and bankrolling high-priced legal teams working to win rate hikes against consumers, under legislation supported by the Citizens Utility Board (CUB) and AARP Illinois.
- Three other states have passed similar reform legislation over the past year—including Connecticut, Colorado and Maine.
- CUB estimates the Illinois legislation could, for the average year, save ratepayers across Illinois more than $50 million, based on documents the utilities filed with their most recent rate cases.
- "I am proud to sponsor a bill that will hold utilities accountable and result in lower rates."
- "This is part of Illinois' continued effort to protect rate-paying customers from egregious utility rates," said State Senator Glowiak Hilton.