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Lawmakers go along with ComEd rate hikes, override Quinn
Clout StreetSPRINFFIELD -- Gov. Pat Quinn's effort to block ComEd from hiking rates was rejected by state lawmakers on Wednesday. The House voted 71-44 to override Quinn's veto of the legislation, the minimum number of votes needed to do so. The vote came a day...Tags: Consumers, Louis I Lang, Justice System, Skokie, Illinois General Assembly
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State's renewable energy fund lacks power to fulfill purpose
Five years ago, Illinois passed legislation requiring electric suppliers to buy more renewable energy such as wind and solar power and then pass those costs on to customers. The intent of the mandate was to have so-called green electricity accounting...
Tags: Farms, Finance, Wind Power, Conservation, Energy
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Peoples Gas seeks surcharge to pay for $2.5 billion pipe replacement program
Peoples Gas has dropped its request for automatic rate hikes on home heating bills to pay to replace aging pipes below city streets. Chicago's Peoples Gas is floating legislation in Springfield that would add a surcharge onto utility bills to pay for a...Tags: Consumers, Nicor Incorporated, Home Heating, Criminal Minds: Suspect Behavior (tv program)
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Peoples Gas wants surcharge
Peoples Gas has dropped its request for automatic rate hikes on home heating bills to pay to replace aging pipes below city streets. The natural gas utility is now floating new legislation in Springfield that would add a surcharge onto its utility bills...
Tags: Consumers, Nicor Incorporated, Home Heating, Energy Resources
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FACTBOX-U.S. coal-fired power plants scheduled to shut
ReutersMay 16 (Reuters) - U.S. power companies plan to shut or convert over 50,000 megawatts (MW) of coal-fired plants over the next several years as cheap natural gas prices and strict environmental rules have made coal the more expensive option in some areas....Tags: Hopewell (Hopewell, Virginia), Bay Shore, Lansing, Mining, Coal
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U.S. RESEARCH ROUNDUP: Apple, Berkshire Hathaway, Walt Disney, AIG
ReutersMay 6 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S. companies, including Apple, Berkshire Hathaway and Walt Disney, on Monday. HIGHLIGHTS * Apple : Barclays ups target price to $525 from $465; rating...Tags: United States Cellular Corporation, Ratings, Weight, Sigma-Aldrich Corporation, Pioneer Natural Resources Company
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U.S. RESEARCH ROUNDUP: Estee Lauder, Actavis, MGM Resorts
ReutersMay 3 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S. companies, including Estee Lauder and MGM Resorts, on Friday. HIGHLIGHTS * LinkedIn Corp : BMO, JP Morgan, Canaccord Genuity, others raise...Tags: Zions Bancorporation, Investment Technology Group Incorporated, Ratings, Weight, DexCom Incorporated
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FACTBOX-Proposed U.S. nuclear power reactors
ReutersMay 3 (Reuters) - The following lists the NRC's schedule for deciding the combined construction and operating license (COL) applications for new reactors and certifying new reactor designs. The schedules for several new reactors and designs have been...Tags: Heavy Engineering, Korea Electric Power Corporation, U.S. Nuclear Regulatory Commission, The Babcock & Wilcox Co., Toshiba Corporation
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The day ahead in business May 2
Reports: Challenger job cuts for April, 6:30 a.m.; Initial jobless claims for week ended April 27, 7:30 a.m.; Productivity/costs for first quarter, 7:30 a.m.; Trade balance for March, 7:30 a.m.; Mortgage rates for week ended May 2, 9 a.m.; Natural gas...
Tags: Kraft Foods Group, Inc., General Motors Corp., Beazer Homes USA Incorporated, Zebra Technologies Corporation, Monster Worldwide Incorporated
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U.S. Midwest grid expects to have enough power for summer
ReutersApril 23 (Reuters) - The operator of the U.S. Midwest power grid said Tuesday it expects to have enough power to serve homes and businesses this summer. In its summer assessment, the Midwest Independent Transmission System Operator (MISO), the grid...Tags: MidAmerican Energy Company, Conservation, Electricity Production and Distribution, DTE Energy Company, Water Supply
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Power company seeks to exceed emissions levels
The president of Midwest Generation recently argued that state regulators should allow the financially-strapped company to exceed some emissions limits for two years at its Illinois power plants, including two in Will County. The proposal was met with...
Tags: Environmental Pollution, Bankruptcy, Metal and Mineral, Financially Distressed Companies, Environmental Issues
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Commerce Commission orders electrical utility Ameren to cut its rates
The Illinois Commerce Commission says Ameren Illinois must cut its electric rates by $48 million. The State Journal-Register reports that the ICC announced its decision Thursday after reviewing electric rates proposed by the utility when it submitted its...
Tags: Electricity Production and Distribution
May 22, 2013
|Story| Chicago Tribune
May 13, 2013
|Story| Chicago Tribune
May 20, 2013
|Story| Chicago Tribune
May 20, 2013
|Story| Chicago Tribune
May 16, 2013
|Story| Reuters
May 6, 2013
|Story| Reuters
May 3, 2013
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May 3, 2013
|Story| Reuters
May 2, 2013
|Story| Chicago Tribune
Apr 23, 2013
|Story| Reuters
Feb 5, 2013
|Story| Chicago Tribune
Sep 21, 2012
|Story| Chicago Tribune
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