Reporting from Illinois Public Radio's Amanda Vinicky used in this report.
The Illinois Senate has approved changes intended to help revive electricity legislation vetoed by the governor.
The changes passed 37-20 Tuesday, despite opposition from Gov. Pat Quinn.
At issue is a plan to let power companies raise rates to pay for infrastructure improvements, including high-tech changes called "Smart Grid." Critics say the plan guarantees unfair profits and weakens state regulators.
Reporting from WCBU's Denise Molina-Weiger used in this report.
Ill. Gov. Pat Quinn is traveling the state urging lawmakers to uphold his veto on a measure that allows Ameren and ComEd to automatically raise electric rates on consumers. The utilities say the rate increases are necessary to help pay for modernizing Illinois’ power grid.
Opponents of Ameren Illinois’ $90 million rate increase request are gearing up for a hard fight.
The Citizens Utility Board (CUB) and the AARP held a series of press conferences today to explain why they want state regulators to reject the proposal. Ameren Illinois is asking for an exorbitant “return on equity,” which is the allowed profit rate for shareholders, according to CUB senior policy analyst Bryan McDaniel.