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Last Updated on Wednesday, 2 January 2008 12:21 Written by rslcpol Wednesday, 2 January 2008 12:21
But the rate-relief law, which Attorney General Lisa Madigan’s office helped negotiate, knew it would take time to set up the IPA. The law included a provision requiring the Ameren Illinois utilities and Chicago-based Commonwealth Edison to enter into long-term contracts with power suppliers to buy electricity at fixed prices. The idea behind the long-term contracts was to try to keep electricity costs as low as possible for consumers.
This entry was posted on Wednesday, January 2nd, 2008 at 12:21 pm and is filed under Attorney General News.
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