Proposed ComEd Deal Brokered by Lightfoot Blocked From Advancing at Council Meeting

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Ald. Andre Vasquez used a parliamentary maneuver to block the ComEd agreement from advancing to a joint committee. Vasquez said a vote should not take place until after the new term begins in May.

ComEd CEO Gil Quiniones echoed Lightfoot, calling the 15-year deal that will provide at least $100 million to be used in the city’s fight against climate change a “win-win.”

"This all sounds like old Chicago to me," Vasquez said, noting that the Environmental Protection and Energy Committee does not have a chair. It had been led by former Ald. George Cardenas , who resigned in December. The proposal calls for those funds to be administered by a new nonprofit organization to be run by officials appointed by the mayor and confirmed by the City Council, alongside representatives of ComEd.

Instead, the proposed agreement gives ComEd until Jan. 1, 2024, to propose to the Illinois Commerce Commission"at least three new pilots or demonstration projects designed to investigate innovative grid technologies" that could include electric car charging stations, according to the mayor's office. Those programs could be funded by the new nonprofit organization, officials said.

A spokesperson for the mayor acknowledged that the ethics provisions included in the proposed franchise agreement were put in place by ComEd in July 2020 and not changed after the mayor's letter demanded additional changes. That trial, which could reveal new information about the scheme that upended Illinois politics, could complicate Lightfoot’s efforts to win quick approval for the proposed agreement.

 

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He did the right thing

Only because he believes Lightfoot will be voted out

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Mayor Lightfoot expected to introduce tentative ComEd electric service deal to Chicago City CouncilThe 15-year deal with Commonwealth Edison provides significant benefits for consumers and 'preserves the city's ability to municipalize after the first five years,' Chicago City Council members were told Monday. They better reject it….Let the new mayor deal with it Who cares I am waiting on are new mayor to redesign and rebuild the city of Chicago on February 28 I don't trust mayor LoriLightfoot at all period. You mean the company involved in a political scandal with Mike Madigan!!
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