A recent Voice letter (Aug. 7) noted that a neighboring utility has requested a 1.4 percent rate decrease and suggested that Commonwealth Edison do likewise.
The rate request was made on the basis of fuel costs that were lower than projected. Edison has implemented reductions 10 times over the past 24 months when our fuel costs were less than anticipated. In 1986 alone, fuel adjustment credits were implemented in five billing months, ranging from .69 percent to 4.33 percent of total revenues. The result was nearly $50 million in fuel savings passed on to Commonwealth Edison customers.
Rider 20, the Electric Fuel Adjustment Clause, passes on either actual or estimated historical costs of fuel to Edison customers. When fuel costs are lower than projected, each customer receives a credit applied to his or her monthly bill. The amount of the credit depends on the number of kilowatt hours used.
