CUB

CUB Thanks Gov. Pritzker for Protecting Customers, Vetoing Expensive Ameren 'Right of First Refusal' Provision

Retrieved on: 
Wednesday, August 16, 2023

CHICAGO, Aug. 16, 2023 /PRNewswire/ -- The Citizens Utility Board (CUB) on Wednesday thanked Gov. J.B. Pritzker for protecting Illinois consumers and issuing an amendatory veto on Ameren's controversial "Right of First Refusal" legislation that the watchdog said would have needlessly raised costs for electric customers. 

Key Points: 
  • An amendment to House Bill 3445 would have given Ameren Illinois a monopoly over transmission projects.
  • "CUB thanks Governor J.B. Pritzker for protecting consumers and issuing an amendatory veto on a provision of House Bill 3445 that would have given Ameren a monopoly over transmission projects," CUB Executive Director Sarah Moskowitz said.
  • Created by the Illinois Legislature, CUB opened its doors in 1984 to represent the interests of residential and small-business utility customers.
  • Since then, CUB has saved consumers more than $20 billion by helping to block rate hikes and secure refunds.

Consumer Advocates to Illinois Utilities: Pause Shut-offs in Storm-ravaged Areas

Retrieved on: 
Thursday, July 20, 2023

They said even though stormy weather has passed, for now, the costs of the aftermath are ongoing.

Key Points: 
  • They said even though stormy weather has passed, for now, the costs of the aftermath are ongoing.
  • "In an emergency like this, utilities need to rise to the occasion and be good corporate citizens," CUB Executive Director Sarah Moskowitz said.
  • Created by the Illinois Legislature, CUB opened its doors in 1984 to represent the interests of residential and small-business utility customers.
  • For more information, call CUB's Consumer Hotline at 1-800-669-5556 or visit CUB's award-winning website, www.CitizensUtilityBoard.org .

CUB Ventures/CDLLife Appoints New CEO and CRO to Drive Growth and Innovation

Retrieved on: 
Thursday, July 20, 2023

Kevin Hall has been named as Chief Executive Officer (CEO) and Todd Hensley will assume the role as Chief Revenue Officer (CRO) at CUB Ventures/CDLLife.

Key Points: 
  • Kevin Hall has been named as Chief Executive Officer (CEO) and Todd Hensley will assume the role as Chief Revenue Officer (CRO) at CUB Ventures/CDLLife.
  • Travis Overton, CEO for the last 6 years has transitioned to the role of Chairman of the Board.
  • "Together we will continue to innovate and drive the critical connections that matter among the professionals in the transportation industry."
  • As CUB Ventures/CDLLife continues to prioritize community growth, and customer-centric solutions through technological advancement, the addition of Kevin Hall as CEO and Todd Hensley as CRO signals the organization's commitment to providing unparalleled service to the trucking industry.

CUB Alert: ICC to Hold Public Forum on Ameren's Proposed $1.3 Billion Electric Rate Hike

Retrieved on: 
Thursday, July 13, 2023

CHICAGO, July 13, 2023 /PRNewswire/ -- The Citizens Utility Board (CUB) is asking consumers to make their voices heard at an Illinois Commerce Commission (ICC) public forum on Ameren Illinois' $1.3 billion, four-year electric rate-hike request. The in-person event is: 

Key Points: 
  • "We encourage Ameren Illinois customers to go to the Decatur Civic Center and let their voices be heard against this proposed rate hike," CUB Executive Director Sarah Moskowitz said.
  • That proposed increase plus five other gas or electric rate-hike requests filed by utility companies in 2023 total a record $3.7 billion.
  • For consumers not able to attend the forum, public comments can be left on the ICC website on Docket Nos.
  • In addition to attending the meeting or filing a public comment online, Ameren customers also can sign a CUB petition against the proposed Ameren rate hike at CUBHelpCenter.com .

Stanley Black & Decker Announces Release Date for Second Quarter 2023 Earnings

Retrieved on: 
Tuesday, June 27, 2023

NEW BRITAIN, Conn., June 27, 2023 /PRNewswire/ -- Stanley Black & Decker (NYSE: SWK) will broadcast its second quarter 2023 earnings conference call on Tuesday, August 1, 2023.

Key Points: 
  • NEW BRITAIN, Conn., June 27, 2023 /PRNewswire/ -- Stanley Black & Decker (NYSE: SWK) will broadcast its second quarter 2023 earnings conference call on Tuesday, August 1, 2023.
  • A news release outlining the financial results will be distributed before the market opens on Tuesday, August 1, 2023.
  • A replay will also be available two hours after the call and can be accessed on the "Investors" section of Stanley Black & Decker's website.
  • Headquartered in the USA, Stanley Black & Decker (NYSE: SWK) is a worldwide leader in tools and outdoor operating manufacturing facilities worldwide.

Longtime Consumer Advocate Sarah Moskowitz Succeeds David Kolata as CUB Executive Director

Retrieved on: 
Tuesday, June 20, 2023

CHICAGO, June 20, 2023 /PRNewswire/ -- Sarah Moskowitz, who during a two-decade career at the Citizens Utility Board (CUB) has advocated for thousands of utility customers and pioneered the group's nation-leading Outreach program, will now head Illinois' top utility watchdog, succeeding David Kolata, who concludes an acclaimed 18-year tenure at the organization's helm, the CUB Board of Directors announced Tuesday.

Key Points: 
  • "First and foremost, Sarah is a fierce consumer champion," said CUB Board President Robert Craig Neff.
  • Moskowitz will be CUB's fourth executive director, after Kolata, Martin Cohen and Sue Stewart.
  • "Sarah is a lifetime consumer advocate who loves wrestling with the question of how energy policy can better serve consumers.
  • Moskowitz began at CUB even before Kolata, and she was a key player in the group's consumer victories over the last two decades.

CUB, MREA, Chicagoland Counties Partner to Launch Solar Switch Program

Retrieved on: 
Monday, June 5, 2023

CHICAGO, June 5, 2023 /PRNewswire/ -- A unique partnership among five Chicagoland counties, nonprofit advocates and expert solar professionals will educate consumers on how they can install solar panels at some of the deepest discounts in the state, the Citizens Utility Board (CUB), Illinois' top utility watchdog, said Monday as the program launched.

Key Points: 
  • The Solar Switch program, formerly called Grow Solar Chicagoland, is a partnership among Cook, DuPage, Kane, Lake and Will Counties, along with nonprofits CUB and the Midwest Renewable Energy Association (MREA), and iChoosr, a company of solar experts who manage similar programs around the world.
  • Solar Switch is a "group-buy" program, which means it secures volume discounts for quality solar installations, based on how many residents of those five counties, along with residents of Kendall and McHenry counties, participate.
  • Solar Switch gives consumers an introduction to solar power, and it offers a safe and reliable process to connect interested participants with qualified, vetted and affordable solar installers."
  • Solar Switch Chicagoland is a no-cost solar group-buy program offered to residential customers and small businesses through nonprofits MREA and CUB , and in partnership with Cook, DuPage, Kane, Lake and Will counties.

CUB shares new Summer Power Prices for Illinois Electric Utilities

Retrieved on: 
Friday, June 2, 2023

Gas, which is often used to generate electricity, pushed power prices to extreme levels across the nation.

Key Points: 
  • Gas, which is often used to generate electricity, pushed power prices to extreme levels across the nation.
  • As of June 1, the utilities have changed their "price to compare"—the supply rate customers should compare to alternative electricity supplier offers, according to PlugInIllinois.gov , the state of Illinois' electric competition website.
  • See if your community has a municipal aggregation deal and at what price at the state of Illinois' electric competition website, Plug In Illinois .
  • Created by the Illinois Legislature, CUB opened its doors in 1984 to represent the interests of residential and small-business utility customers.

CUB Working to Cut Peoples Gas Hike by $100+ Million

Retrieved on: 
Thursday, June 1, 2023

CHICAGO, June 1, 2023 /PRNewswire/ -- With Peoples Gas making record profits while customers struggle to afford their bills under the utility's mismanaged pipeline-replacement program, the Citizens Utility Board (CUB) said Thursday it is working to reduce the utility's record rate-hike request by more than $100 million. 

Key Points: 
  • "Peoples Gas customers have been suffering for years under rapidly rising bills, as the company rakes in record profits," Kolata said.
  • On January 6, Peoples Gas filed for a $402 million increase in the rates it charges to deliver the heating fuel to homes.
  • Instead, CUB argues for a more reasonable 9.5 percent ROE, which would reduce the rate hike by $14 million.
  • Other financial adjustments, including issues related to pension and cash working capital, totaled about $21 million for total reductions of about $63 million.

Stanley Black & Decker Announces Upcoming Conferences

Retrieved on: 
Wednesday, May 31, 2023

Deutsche Bank 14th Annual Global Industrials, Materials & Building Products Conference in New York City on June 7th, 2023, at 10:00 AM ET.

Key Points: 
  • Deutsche Bank 14th Annual Global Industrials, Materials & Building Products Conference in New York City on June 7th, 2023, at 10:00 AM ET.
  • Headquartered in the USA, Stanley Black & Decker (NYSE: SWK) is a worldwide leader in tools and outdoor operating manufacturing facilities worldwide.
  • The company's iconic brands include DEWALT®, BLACK+DECKER®, CRAFTSMAN®, STANLEY®, CUB CADET®, HUSTLER® and TROY-BILT®.
  • Recognized for its leadership in environmental, social and governance (ESG), Stanley Black & Decker strives to be a force for good in support of its communities, employees, customers and other stakeholders.