A month after state regulators ordered Commonwealth Edison to pay $38 million in refunds due to the scandal tied to ex-House Speaker Michael Madigan, the Illinois attorney general wants consumers to get a little more.
Attorney General Kwame Raoul at Bright Star Church in the Bronzeville neighborhood on Sept. 20, 2022.
ComEd disagreed with the analysis, citing how the ICC had agreed with the $38 million refund. A ComEd spokesman said the company had met its obligations.
To pay ComEd’s $200 million fine, Raoul said, the utility received a contribution from its parent company, Exelon Corp., causing an equity infusion that gives ComEd a permanent boost.
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