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The City of Chicago issued a request for information (RFI) for its electric utility franchise, currently held by Commonwealth Edison (ComEd). This is the first time in nearly 30 years that Chicago is evaluating its options for electricity delivery.
The city has identified priority areas for the next agreement including safe and reliable power service, more transparency and accountability, greater equity and the advancement of climate goals like carbon reduction.
ComEd plans to participate in the RFI, ComEd CEO Joe Dominguez said last week on an earnings call for parent company Exelon. “We’re pretty confident that ComEd is going to be successful at the end,” he said. “We’re leaning in on the city’s priorities around energy efficiency, jobs, support for low-income families, clean and renewable energy, and more.”