Former Quinn appointee returning to ICC

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McCabe fills the vacancy left by Sadzi Martha Oliva, who left the commission last March to take a private-sector job. Oliva replaced McCabe in 2017, during former Gov. Bruce Rauner’s term. McCabe originally was appointed to the ICC by Rauner’s predecessor, Pat Quinn.

Her term runs until 2027.

She brings a more pro-consumer bent to the body than Oliva, who was a reliable supporter of utilities when there were issues pitting consumer advocates against the monopoly providers of electricity and natural gas.

The commission this year must implement much of the landmark Climate & Equitable Jobs Act, signed into law last year by Pritzker. The law is aimed at making Illinois’ power-generation industry free of fossil fuels by 2050. In the meantime, the ICC must manage a new system to set the delivery rates for ComEd beginning in 2024.

The law replaced the derided formula rate-setting system, established in a 2011 law enacted over Quinn’s veto. That law was a focus of the bribery scheme ComEd admitted to in currying favor with former House Speaker Michael Madigan, who was the most powerful political figure in Springfield at the time. Federal prosecutors have charged several individuals, including former ComEd CEO Anne Pramaggiore, in the scandal. Pramaggiore is fighting the charges and is set to go to trial in the fall. Madigan hasn’t been charged and denies any wrongdoing.

The ICC decisions, to be made this year, will go a long way toward determining the affordability of electricity over much of this decade as ComEd budgets billions in capital investments.

With her appointment, four of the five commissioners, including Chair Carrie Zalewski, are Pritzker appointees.

via Crain’s Chicago Business

January 10, 2022 at 02:30PM

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