ICC New Report Shows Steady Growth of Diverse Spend by Illinois’ ‘Big 5’ Public Utilities
image credit: Illinois Commerce Commission
- Mar 2, 2021 9:15 pm GMTMar 2, 2021 9:11 pm GMT
- 423 views
Springfield, IL – The first annual report issued by the Illinois Commerce Commission’s Office of Diversity and Community Affairs finds that diverse spending by the state’s largest investor-owned utilities has steadily grown from an average of 15% to nearly 33% percent of all procurement spending over the past five years, a collective increase in annual diverse spending of over $2 billion. At the end of calendar year 2019, diversity spending among the ‘Big 5’ averaged 40% of their total procurement dollars. The report, which is available on the ICC website, provides a summary and analysis of data from five years of reports submitted by the five public utilities with the largest numbers of customers in Illinois.