Several major Illinois utilities are increasing their natural gas prices by about 40 percent to 69 percent on April 1, a lingering effect of February’s volatile winter weather that crippled the nation’s gas supply and caused massive blackouts in Texas. Last month, dangerously low temperatures and up to a foot of snow prompted Illinois Gov.…...
It’s time to rethink heat in Chicago
By Chicago Alderman Brendan Reilly and David Kolata, CUB Executive Director If ever there was an absolute certainty, it’s that the controversial Peoples Gas pipeline-replacement program is setting up Chicago residents for an economic disaster, unless we act now. The company’s decades-long plan to replace gas mains throughout the city…...
October gas prices up from last month, down from 2019
The winter heating season is upon us, but while natural gas prices are up from last month, many utilities are charging less than they did last October. Still, there’s bad news from one of the state’s biggest utilities: Crain’s Chicago Business reports that winter bills for Peoples Gas, which serves…...
They’re getting richer: the ongoing battle against high utility bills
Crain’s Chicago Business reports that in the first quarter of the year—a relatively warm winter—Peoples Gas still made a record $97.6 million. That’s after two straight years of record annual profits. “It wasn’t long ago when Peoples’ profit over an entire year wouldn’t approach the nearly $100 million it collected…...
Chicago resolution calls out excessive spending by Peoples Gas
The Chicago City Council has passed a resolution urging Illinois leaders to protect the City’s residents from rapidly increasing heating bills caused by a “troubled” Peoples Gas pipeline-replacement program. The resolution, passed on Friday, calls on Gov. J.B. Pritzker and the Illinois General Assembly “to restore necessary oversight of this…...
Why is Peoples Gas giving $7 million back to customers?
What happened? The Illinois Commerce Commission (ICC) announced in July that Peoples Gas has agreed to give about $7.2 million back to its customers. Why is Peoples Gas giving money back to consumers? It’s connected to a review of 2015 costs of the utility’s troubled pipeline-replacement program, called the System…...
We like headlines like this: “Regulators order Peoples Gas to repay $7.2 million to customers”
The Illinois Commerce Commission (ICC) has announced that Peoples Gas has agreed to give about $7.2 million back to its customers in connection with a review of the 2015 costs of the utility’s troubled pipeline-replacement program. This is the result of a settlement involving the utility and the staff of…...
Fake news? Not to customers paying high Peoples Gas bills
In a recent earnings call, Gale Klappa, the CEO of WEC Energy Group (the parent of Peoples Gas), tried to dodge ongoing reports by Crain’s Chicago Business that the utility’s pipeline-replacement program is mismanaged, over-budget and on the verge of sparking a heating-affordability crisis in Chicago. “I hate to use…...
