Legislators say long debate could culminate in $1 billion package
/ Courtesy of AP GraphicsBank
SPRINGFIELD, ILL. (AP) -- The end is near -- or at least that's what key state lawmakers are promising on the months-long debate over consumers' soaring electric rates.
Legislators say growing pressure in an overtime legislative session and a key meeting of legislative leaders and utility executives last week have set up an agreement on relief for consumers as early as this week.
Details are scarce, as key negotiators refuse to discuss how much money customers would see or how much their rates would decrease until a final agreement is hammered out.
But lawmakers involved in the talks say discussions have centered around about $1 billion in relief over four or five years.
Legislators say they're encouraged that the long electric rate debate may soon end but say there's a still a little work left to be done.
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