As Illinois enters the first month of the winter heating season, October gas prices continue the trend of being significantly lower than the last two years, with some glaring examples of the volatility that makes consumers so uneasy. Gas utilities file supply prices–called the Purchased Gas Adjustment (PGA)–each month with…...
August gas prices are relatively low, but it’s always a good time to prepare for winter
Illinois utilities have filed their August gas prices with the Illinois Commerce Commission (ICC) and they’re fairly consistent with what we saw in July. Seven utilities reported a slight increase from last month, at most roughly a 22% increase in price for Consumers Gas. We’re relieved that the supply rates…...
CUB testimony recommends deep cuts in Ameren gas hike
Ameren Illinois is pushing to raise its profit rate for shareholders to a higher level than any other Illinois utility seeking a rate increase, the Citizens Utility Board (CUB) revealed Monday, as it urged regulators to slash the proposal by at least $59.2 million. “Ameren’s push to increase gas bills…...
May gas prices continue decline across the board (well, almost!)
Continuing a promising trend, six of 9 gas utilities lowered their supply rates from April to May–but Peoples Gas, the much-criticized gas utility for Chicago residents, raised their price by 21 percent, according to a CUB review of May pricing information the companies filed with the state. The good news…...
February continues trend of lower gas prices–but they’re still higher than 2021
Some good news: Gas prices for February continue the downward trend we’ve been seeing the last few months. Plus, recently the Energy Information Administration, the statistical arm of the U.S. Energy Department, eased its prediction on how much more Midwest natural gas customers could pay on average this winter–from 29…...
