Franchise Agreement Comed

However, this unbilled energy results in significant costs to payers in more than 350 municipalities, which together pay hundreds of millions of dollars more than they might otherwise owe as a result of the agreements. According to estimates by Mark Pruitt, a former director of the Illinois Power Agency, who studied how franchise agreements prevent cities from reducing energy costs and investing in clean energy. Negotiations for a new franchise agreement with ComEd have been going weekly behind closed doors for a year and have continued, even as federal prosecutors have been working on public services as part of a wide-reaching investigation involving lawmakers and public lobbyists. The franchise agreement is a contract that allows ComEd to continue to supply electricity to Chicagoer. .