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Illinois Rules Review Committee Rejects Requirement For Double Verification Of Retail Electric Sales

Mandatory Telephone Call To Customers About Renewals Also Rejected "Written" Notice For 20% Variable Rate Increases Adopted

The Illinois Joint Committee on Administrative Rules (JCAR) largely approved revisions to the retail electricity marketing rules as approved by the Illinois Commerce Commission in a second notice, but ordered several key revisions, including the elimination of double verification for in-person sales…

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Residential Customers On Competitive Supply At Ameren, Where Muni Aggregation Accounts for 90% of Switched Customers, Paying On Average Nearly 0.7¢/kWh Higher Rates Than Default Service

Residential customers on competitive electric supply at Ameren, where opt-out municipal aggregation accounts for 90% of switched residential customers, paid on average nearly 0.7¢/kWh above the default service rate for electricity supply during the 12-month period ending May 31, 2017, according to a…

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Residential Customers On Competitive Supply At ComEd Paying On Average Nearly 1.4¢/kWh Higher Rates Than Default Service (40% Muni Aggregation)

Non-Aggregation Residential Shopping At ComEd Increases By 175,000 As Aggregations Shrink By 300,000

Residential customers on competitive electric supply at Commonwealth Edison, where opt-out municipal aggregation accounts for 40% of switched residential customers, paid on average nearly 1.5¢/kWh above the default service rate for electricity supply during the 12-month period ending May 31, 2017…

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State Adopts Separate "Written" Notice for Variable Rate Increases Greater Than 20%, Additional Disclosures

Retail Suppliers Must Provide Customers With High Price Alerts For Certain Products, At Customer-Selected Levels Advanced Posting Of All Variable Rates Required

The Illinois ICC has issued a second notice order to adopt a host of new retail electric marketing rules, including new rules requiring the advance posting of residential variable rates, including a separate notice for rate increases above a set threshold.

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State Adopts Double Verification (LOA and TPV) For All In-Person Sales

"All In-Person Interactions" Now Regulated Will Apply Same Customer Protections To MLM Sales As Required For Door-to-Door Sales Will Require Background Checks on All MLM Agents Conducting In-Person Sales

The Illinois ICC has issued a second notice order to adopt a host of new retail electric marketing rules, including new rules that would subject all in-person sales, including multi-level marketing sales, and sales conducted outside the customer's home (such as at kiosks), to the same requirements…

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Update: Crius Energy Trust To Acquire U.S. Gas & Electric

MVC Says Crius Acquisition of USG&E Determined To Be Superior To Equus Transaction Crius Energy Trust Announces Acquisition of U.S. Gas & Electric, Inc. and C$110 Million Bought Deal Offering of Subscription Receipts

Update, 5/31: MVC Capital, Inc., the parent of U.S. Gas & Electric, Inc., said that the Crius Acquisition (first reported yesterday, see below) was determined to be superior to the Equus transaction announced last month.

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SFE Energy Receives License In New State

The Illinois Commerce Commission recently granted SFE Energy Illinois, Inc. d/b/a SFE Energy an alternative retail electric supplier license to serve nonresidential customers with annual electric consumption greater than 15,000 kWh in the territories of Ameren and Commonwealth Edison.

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Illinois Retail Energy News (Page 25) | EnergyChoiceMatters.com