Illinois Commerce Commission opens investigation into ComEd following bribery scheme

Electricity costs

CHICAGO (WBBM NEWSRADIO) -- State regulators want to find out if ComEd improperly made you pay the fine that was ordered in a bribery-for-favors scandal. An investigation could result in money going back to customers.

Last year, ComEd agreed to pay $200 million in fines for admitting to being part of a bribery scandal to try to influence former Illinois House Speaker Mike Madigan. Madigan has not been charged with any wrongdoing and said he did nothing wrong.

Now, the Illinois Commerce Commission has voted to look into how whether ComEd improperly used payments from customers to pay those fines.

According to the Tribune, if the utility improperly charged customers to pay those fines, the ICC may order ComEd to make it up to them.

The federal government had accused ComEd of making payments to people close to former Illinois House Speaker Mike Madigan, as a way of winning favor from him. Madigan denies knowing about such a scheme.

According to a staff report, ComEd said its rates have been “just and reasonable” and the company did not over-collect.

Additionally, in a statement, ComEd said ratepayers were not charged improperly.