BOMA/Chicago Invited to Participate in Governor’s Working Energy Group

After an initial postponement due to COVID, and a secondary delay in the wake of the ComEd Legislative scandal, Governor Pritzker has called for a resumption of the energy working groups.  BOMA/Chicago was appointed to the Industrial/Buildings Working Group which will begin meeting on October 13.

Some of the issues to be discussed include:

* Whether and how to repeal ComEd and Ameren’s formula rates for “smart-grid” infrastructure investment;

* Whether ComEd should be prohibited from using rate payer money to fund charitable contributions. Over the last year, ComEd charitable contributions have totaled $20 million in the last year, $14 million of which were recovered from rate payers; and

* Examining existing and any future subsidies for Exelon to determine whether existing or future subsidies are warranted.

BOMA/Chicago continues to participate in working group meetings and will update members as new issues and outcomes arise.