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Eye On Illinois: ComEd customers in line for whopping $4.80 refund

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Eye On Illinois: ComEd customers in line for whopping .80 refund


How will you spend your $5?

Not everybody studying it is a ComEd buyer, however these of us who’re needs to be fairly darn excited to study the Illinois Commerce Fee Wednesday authorised the utility’s proposal to concern refunds due to the corporate’s “unacceptable conduct” in the course of the bribery investigation that resulted in a $200 million positive paid to the federal authorities in 2020.

In accordance with the feds, ComEd bigwigs used jobs and different advantages to affect lawmakers to cross the 2011 reforms making a “system price” system the Residents Utility Board says “left electrical clients susceptible to a whole bunch of hundreds of thousands of {dollars} in price hikes during the last decade.”

CUB broke down the maths as follows: A 3-0 ICC vote ordered ComEd to concern $31,296.338. As soon as the Federal Vitality Regulatory Fee approves, one other $5,019,312 will likely be added, plus curiosity. Clients will get the refund within the type of a invoice credit score, delivered in April, with the typical payout coming to $4.80.

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Everybody’s invoice varies, however wanting on the final 12 months of statements for our suburban house, the refund doesn’t cowl a full day. It additionally is a bit more than 10% of the price of one share in ComEd’s mother or father firm, Exelon, which was buying and selling at $46.30 Thursday and has bounced between $40 and $50 over the previous six months. Headquartered in Chicago, Exelon ranks 99 on the Fortune 500 with a web value exceeding $45 billion. The Illinois Public Curiosity Analysis Group mentioned ComEd’s earnings are up $6 billion ensuing from bribery.

“A $36 million refund falls in need of the refund beneficial by CUB, the Illinois Lawyer Common’s Workplace and the town of Chicago,” the Residents Utility Board mentioned Wednesday. “Additional, this case was restricted to direct prices and solely partially compensates clients for ComEd’s misconduct – folks deserve higher within the wake of Illinois’ most vital utility scandal ever.”

CUB direct slight optimism towards final September’s passage of the Local weather & Equitable Jobs Act, meant to interchange the system price strategy. However whereas that laws known as for the investigation that finally yielded the refund, advocates had aimed for $45 million by a broader probe that factored how a lot customers paid by increased electrical charges made doable by the shady dealings.

I’d spend my refund, together with a number of dimes, to purchase a $5 “The Worth Is Proper” scratch ticket – new from the Illinois Lottery – in hopes of gathering one in every of 4 $400,000 grand prizes. The chances of successful any prize by that recreation are one in 4.08, however I like my possibilities.

Perhaps I’ll simply set the central air-con one diploma decrease for an hour. In any case, this refund is little greater than chilly consolation.

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Scott T. Holland writes about state authorities points for Shaw Media. Observe him on Twitter @sth749. He might be reached at sholland@shawmedia.com.





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Illinois

Illinois Basketball Fans Ask: Who Is Ed Cooley?

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Illinois Basketball Fans Ask: Who Is Ed Cooley?


If you’re an Illini fan today, you’re probably somewhere putting your feet up, basking in the glow of an epic come-from-behind football win and an iron-fisted basketball beatdown, and patting yourself on the back for a hard day’s work rooting on your favorite nationally ranked programs. Oh, and you’re undoubtedly asking yourself a question:

Who in the world is Ed Cooley?

Unless you’re a die-hard college basketball fan, you can be forgiven for scratching your head over the name. Cooley, the current coach of the Georgetown Hoyas and previously a longtime head man at Providence and Fairfield, doesn’t do a lot of business in the Midwest, or anywhere else – like, say, the NCAA Tournament – where you might have seen him often.

More to the point, what does Cooley have to do with the Illini? It’s a fair question – one that a lot of observers were asking in the wake of his postgame press conference after his Hoyas’ 82-65 win over Saint Francis on Saturday.

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Ostensibly, the subject of conversation was Hoyas guard Jayden Epps and his glowing defensive performance against the Red Flash, but it was the Illini (and, by implication, coach Brad Underwood and his staff) who wound up catching strays from 700 miles away.

Here’s a quick sound bite:

You may remember that Epps – a top high school prospect out of Norfolk, Virginia, a few years back – signed with Illinois and played his freshman season in Champaign. Had a pretty good year, too: averages of 9.5 points and 1.5 assists in 31 games, including 11 starts. But Epps bounced out of Illinois through the transfer portal – and wasn’t the first or last in the Underwood era – and landed at Georgetown.

Perhaps Cooley felt Epps was underappreciated in Champaign and thought he was defending his guy. Maybe he even thought he had been mistreated. But the message wasn’t a response or reaction – it was delivered unprompted, without further context or explanation. it was a calculated shot wrapped in an offhanded remark inside a monumentally dumb decision. Neither Cooley nor Epps gained anything from the comment. It just came off as sour grapes.

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Cooley must have recognized as much – or been instructed by an administrator that he had better – because he quickly apologized for the indiscretion. Sort of:

“My comment today was said in jest with one of my players, but I admit it was a poor choice of words,” Cooley posted on his X social media account. “I have the utmost respect for the University of Illinois, its men’s basketball program, coaches and players.”

For his part, Underwood blew off the beef when asked about Cooley’s comments in the postgame presser following Illinois’ 87-40 shellacking of Maryland Eastern Shore.

“My guys told me about it,” Underwood said. “That’s not even worth wasting my time on. I don’t know what he’s referencing that about. Jayden had a productive freshman year here. But I’m not getting into all that. I’ll let our fans have some fun with that, which I’m sure they probably are. But I’ve got Arkansas Little Rock to worry about and Arkansas to worry about and Northwestern to worry about and everybody else to worry about. I mean, I don’t read [the media’s] stuff, I’m sure as heck not gonna read his.”

Illini fans will surely have less tolerance and longer memories for this sort of thing than Underwood himself, so of course we’re rooting for an Illinois-Georgetown NCAA Tournament matchup. Because what’s March Madness without a little extra chaos?

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Instant Analysis: Illinois Basketball Dominates Maryland Eastern Shore 87-40

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Top 5 Must-Watch Matchups for Illinois Basketball in 2024-25





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Will Riley’s 19 points in the 2nd half leads No. 25 Illinois past Maryland Eastern Shore 87-40

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Will Riley’s 19 points in the 2nd half leads No. 25 Illinois past Maryland Eastern Shore 87-40


Associated Press

CHAMPAIGN, Ill. (AP) — Will Riley scored his 19 points in the second half and No. 25 Illinois beat Maryland Eastern Shore 87-40 on Saturday.

Kylan Boswell added 13 points, Tomislav Ivisic had 11 and Morez Johnson Jr. finished with 10 points and 13 rebounds for the Illini (4-1), who shot 25% (10 for 40) from 3-point range but committed just nine turnovers.

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Tre White grabbed 11 rebounds and Kasparas Jakucionis seven for Illinois, which outrebounded the Hawks 59-38.

Jalen Ware scored 10 points and Christopher Flippin had 10 rebounds for Maryland Eastern Shore (2-6), which had its lowest point total of the season. The team’s previous low came in 102-63 loss to Vanderbilt on Nov. 4.

Illinois is unbeaten in four home games. Maryland Eastern Shore is winless in six road games.

Takeaways

Illinois: Coming off a 100-87 loss Wednesday to No. 8 Alabama, the Illini had no trouble dominating the overmatched Hawks. They led 35-15 at halftime and extended the lead to as many as 52 points in the second half.

Maryland Eastern Shore: The Hawks couldn’t match Illinois’ height and depth and were slowed by 15 turnovers.

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Key moment

After struggling at the start of the game, the Illini went on a 17-0 run over a seven-minute stretch to move in front 25-8 with 5:15 to go in the first half.

Key stat

Maryland Eastern Shore struggled from the field, shooting 22% (15 for 68), including 5 for 20 on 3-pointers.

Up next

Illinois hosts Little Rock on Monday. Maryland Eastern Shore plays at No. 20 Arkansas on Monday.

___

Get poll alerts and updates on the AP Top 25 throughout the season. Sign up here. AP college basketball: https://apnews.com/hub/ap-top-25-college-basketball-poll and https://apnews.com/hub/college-basketball

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5 huge observations from the Illinois basketball win over Oregon State

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5 huge observations from the Illinois basketball win over Oregon State


The women’s Illinois basketball team continued to impress on Friday night with another big win.

Coming into the game, the Illini were 4-0 and had already beaten a top-25 program in Florida State and a good team in Marquette. We were on top of the world.

It would be understandable for a letdown game to happen. Illinois didn’t let it happen, though. We came out of the gates firing, and Oregon State didn’t have answers.

Illinois played well in both halves. We took a 10-point lead into the halftime locker room and quickly expanded on that lead in the third quarter. By the game’s end, Illinois managed to secure an 85-66 win over Oregon State.

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Coming into the game on Friday night, Illinois has been able to hold their own when it comes to the rebounding department. But this wasn’t an easy matchup, as Oregon State is a good rebounding team as well.

Despite Oregon State having some great size, the Illini were tough on the boards. We were able to pull down rebounds at a rate that I was impressed with considering the opposing team had a 6-foot-7 center starting.

Illinois finished the game pulling down 36 rebounds compared to Oregon State’s 34 rebounds. Five of the 36 rebounds were on the offensive glass too, but we didn’t have a ton of opportunities considering the team shot 54.7% from the field.

The thing that impressed me the most about Illinois’ rebounding ability on Friday night was the size differential. Oregon State trotted out a 6-foot-7 center and a 6-foot-5 forward. We limited those two players to just 12 rebounds in 42 minutes of game action.

I think a big part of the great rebounding effort on the part of Illinois is the fact our frontcourt is strong and athletic. It is hard to move Kendall Bostic off her spot, and she does a great job boxing out. The same can be said for Brynn Shoup-Hill. Both players were quicker than anything Oregon State had in the frontcourt too.

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