33rd Ward Newsletter – February 3, 2023
Earlier this week, the Mayor proposed a new franchise agreement between the City of Chicago and Commonwealth Edison – the private company that the city has contracted to be the city’s power utility since at least 1992. This new proposed agreement would last a minimum of 15 years and prevent the city from running the power system on its own (the way that cities like Los Angeles, Nashville, Seattle, and many across Illinois do) for at least the next five years. So far the Mayor has touted that ComEd’s private shareholders would donate $100 million to an as of yet uncreated nonprofitContinue