Friday, October 07, 2011
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Quinn urges lawmakers to uphold his veto on utility increases

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[October 07, 2011]  PEORIA (AP) -- Gov. Pat Quinn is urging lawmakers to uphold his veto of a measure that he says would weaken state regulation of Illinois' powerful utility companies.

The (Peoria) Journal Star reports that Quinn says the legislation is a guarantee for utility companies to give themselves annual rate increases while eliminating accountability.

Supporters say the legislation is needed to finance a "Smart Grid" that can monitor energy use and reduce waste. The $3 billion, 10-year plan also would have given Commonwealth Edison and Ameren Illinois money for basic infrastructure.

Quinn made his comments Thursday during a stop in Peoria with Ameren Illinois' corporate headquarters nearby.


Information from: Journal Star,

[Associated Press]

Copyright 2011 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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