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Chicago expected to see higher electric bills

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated.

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.

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