Statement From Attorney General Lisa Madigan On Trailer Bill To SB 1652

Chicago, IL-(ENEWSPF)- Illinois Attorney General Lisa Madigan issued the following statement Monday regarding the trailer bill to SB 1652:

Just like they tried to muscle this legislation through the spring session, ComEd and Ameren are at it again. On the eve of veto session, the utility companies gave the public just 59 minutes to review their smart grid "trailer bill" before taking it to the Senate for a vote. If ComEd and Ameren’s proposal were actually a "smart" deal for consumers, it would hold its own rather than be rushed through the process without public input. Instead, ComEd and Ameren have produced a "Trojan Horse" deal that’s designed to distract us from what this legislation really does: guarantee the utilities’ profits, mandate automatic, annual rate hikes and eviscerate independent oversight.

Madigan has been critical of rate hikes proposed by utility companies.