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	Podcast:		Wintrust Business Lunch
	Episode:		Wintrust Business Minute: Peoples Gas and ComEd cut deal for smart-grid system
	Category:		Business
	Duration:		00:00:00
	Publish Date:		2022-06-30 18:32:01
	Description:		Steve Grzanich has the business news of the day with the Wintrust Business Minute. Peoples Gas has cut a deal with ComEd to put its Chicago natural gas customers on ComEd’s smart-grid system. The move will likely result in a rate increase for People’s customers. The Illinois Commerce Commission will have to approve the agreement. Both utilities say it will save customers money in the long run. Also, A Chicago-based investment firm has set up a nearly $3 billion fund to invest in early-stage biotech companies in the U.S. Arch Venture Partners closed the fund at $2.98 billion, according to Crain’s. Listen for more below:
	Total Play:		0