Attorney General Lisa Madigan has promised to fight legislation in Springfield currently being championed by ComEd that would lock in rate hikes automatically over the next decade to finance a $2.6 billion infrastructure improvement project. more ›

ComEd is once again pushing for automatic rate increases. Crain’s reports that the utility plans a big push at Illinois lawmakers this spring which would allow electric and natural gas providers to raise rates each year along with curbing regulatory powers which control pricing. ComEd is hoping for a “policy based approach” that would allow all utilities that invest in their infrastructure at a particular level to change increase rates based on costs. The process would allow utilities to avoid a lengthy review process from the Illinois Commerce Commission. more ›

On May 18, the Chicago City Council will hold hearings on the 75-year lease that the city signed with a subsidiary of Morgan Stanley to privatize the city's parking meters. 49th Ward Alderman Joe Moore sponsored the ordinance that called for the hearings. more ›

As the city's efforts to change all of the parking meters to accept the new steep rates fall further behind schedule, reader/Flickr Pool contributor lauren*o captured one meter who seemed to have the same feelings about Mayor Daley's meter privatization as we do. more ›