Two former ComEd executives and two consultants, one a longtime confidant of Illinois House Speaker Michael Madigan, have pleaded not guilty to federal charges against them alleging that they conspired in a bribery scheme to influence the powerful lawmaker, who has not been charged with any criminal wrongdoing but now faces a massive uphill political battle to retain his long-held leadership role amid the scandal. NBC 5’s Mary Ann Ahern reports.
The ICC approved the rebate during its regularly-scheduled meeting on Wednesday. A $31 million rebate will be issued by the company directly to consumers to help pay off costs associated with the highly-publicized bribery scheme, while another $7 million rebate will be awarded to consumers through a “federal regulatory process,” according to the ICC.
ComEd also was required to pay a $200 million fine to the government as part of a deferred prosecution agreement in connection with the scheme.
“The quality and value of ComEd’s service to our customers is arguably the best in the nation, but we recognize that delivering excellent performance and value for the dollar is not enough, and we are equally dedicated to earning and maintaining our customers’ trust,” the utility said in a statement.
While it is unclear when the rebates will be issued, likely as a credit on the bill of customers, the rebate amount would average out to around $5 per customer.
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