Chicago expected to see higher electric bills
If you pay an electric bill in Chicago, your monthly bills are about to jump by 14-percent.
Last year, Mayor Emanuel promised that a typical homeowner or business would save more than $10 a month in electricity costs when the city switched from Com-Ed to another supplier.
The actual savings will be much smaller — less than $3 a month.
The mayor’s office blames the price hike on new federal regulations on coal-burning power plants.