The expected $10.50 rise in ComEd customers’ monthly bills is tied to an auction process that PJM holds each year to make sure that its multistate territory has enough power to meet demand.

PJM manages the electricity supply grid for 13 states, including ComEd’s 4.2 million customers in northern Illinois. It holds an annual capacity auction for expected reserve electricity needed ...

Power-generating companies increased their prices at PJM’s most recent auction, and ComEd is passing that increase along to consumers, said Gil Quinones, ComEd’s president and CEO.

ComEd, the primary electric utility in Chicagoland and the largest in Illinois, is increasing its “Capacity Charge” starting June 1.

ComEd price hike coming June 1 00:59. Your ComEd electricity bills could increase on June 1. The Citizens Utility Board is sending customers another warning about the possible impact of a price hike.

According to ComEd, the price hike is due to the "results of a PJM Interconnection capacity auction held last year." Stream NBC 5 for free, 24/7, wherever you are. WATCH HERE ...

ComEd electric bills set to surge in June Electric bills are about to jump by an average of $10.60 a month due to increased power demand across the country.

The price hike, which applies to all ComEd customers, is due to the "results of a PJM Interconnection capacity auction held last year." Stream NBC 5 for free, 24/7, wherever you are. WATCH HERE ...

While energy suppliers like ComEd and grid operators like PJM won’t profit from the rate increase, Chilsen said, power generators like Vistra Corp., Talen Energy and J Power USA stand to make a ...

ComEd customers may be feeling the heat this summer after a spike in electricity supply charges goes into effect in June, just in time for air conditioning season.