NOTE: The following is a news release from the Illinois Clean Jobs Coalition (ICJC), of which CUB is a member. CHICAGO – At an April 3 subject matter hearing in Chicago City Council Chambers, experts made it clear the Clean and Affordable Buildings Ordinance (CABO) will reduce energy bills, make…...
CUB reports on April Gas prices
April gas prices are generally down, with some reminders of the expensive volatility of the market, including a 59 percent increase in one utility’s price from last year, according to CUB’s review of Illinois’ gas market. Gas utilities file supply prices–called the Purchased Gas Adjustment (PGA)–each month with the Illinois…...
March gas prices reflect an unstable market’s roller coaster ride for consumers
Reflecting the roller coaster nature of the gas market, the March supply rates charged by Illinois’ major gas utilities are marked by a few shocking price swings, including a 92 percent increase for one company compared to a year ago, a CUB review found. Gas utilities file supply prices–called the…...
Up and down: February gas prices down from last year, but up from last month
Gas utilities are charging prices in the new year that are an average of 24 percent lower than last February, but month-to-month instability is still rampant. Gas utilities file supply prices–called the Purchased Gas Adjustment (PGA)–each month with the Illinois Commerce Commission (ICC). Compared with last month, the prices are…...
So what am I paying to heat my home in 2024?
The Illinois Commerce Commission (ICC) issued rulings last November that reduced record rate hikes proposed by Illinois’ major gas utilities by $240 million. As a result of those rulings, Illinois’ major gas utilities are charging new delivery rates in 2024. Read our breakdown below, and check out our Q&A on…...
What you need to know about January 2024 gas prices in Illinois
Most gas companies are charging prices in the new year that are an average of 46 percent lower than last January, but month-to-month prices still show signs of the gas market’s instability. Gas utilities file supply prices–called the Purchased Gas Adjustment (PGA)–each month with the Illinois Commerce Commission (ICC). Below…...
CUB applauds regulators for rejecting Peoples Gas “theatrics,” as ICC opposes latest bid to additional rate hike
The Illinois Commerce Commission (ICC) Thursday unanimously derailed a request by Peoples Gas to claw back $134 million of disallowed funding for its pipeline-replacement program in 2024. If approved, the motion would have added about $8 million to the record $300 million rate hike the utility received last month. Peoples Gas executives threatened…...
A look at December’s gas prices
Most gas companies are charging prices in December that are an average of 36 percent lower than last winter. The lone exception is North Shore Gas, which is actually charging 3 percent more than last year, giving another glimpse of the roller-coaster volatility of the gas market. Gas utilities file…...
November gas prices way down from last year (with hints of market volatility)
November gas prices continue the trend of being significantly lower than last winter–by a range of 25 to 66 percent. But once again there are some examples of the roller-coaster volatility of the gas market. Gas utilities file supply prices–called the Purchased Gas Adjustment (PGA)–each month with the Illinois Commerce…...
