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Cutting ties with ComEd could cost Chicago $8.8B, report finds
Utility Dive: Chicago had been considering a break away from the Exelon subsidiary since last summer, initiating the preliminary study for municipal utility feasibility in the fall of 2019.
The considerations are part of a larger trend of cities seeking greater control over their energy costs and emissions, but such efforts have been complicated by high cost projections. Boulder, Colorado, announced a proposed settlement agreement with Xcel Energy in July to end a decade-long fight for municipalization. In Pueblo, Colorado, voters shut down similar efforts to form a city utility this year. And San Francisco in 2019 threatened to exit Pacific Gas and Electric.
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