Today, Peoples Gas is expected to file for a $402 million rate-hike request, which represents close to a 60% increase over the rates approved by state regulators in 2015. As part of the rate-hike filing, Peoples Gas has indicated that it is including the $207 million the utility is currently…...
Statement from CUB Executive Director David Kolata on another record Nicor Gas rate-hike request
CUB statement on $321 million Nicor Gas rate-hike request: Nicor’s rate-hike request is a gut punch to consumers who are in their second consecutive winter of painfully high gas bills. Enough is enough. CUB will review Nicor’s excessive request and we will fight every penny the utility can’t justify. (Sign…...
January gas prices still way up–will we see some relief in 2023?
Natural gas supply prices dropped for about half of Illinois’ major gas utilities from December to January, but the prices are still at significantly high levels for the second consecutive winter. “We’re hoping that sometime in the new year we’ll see these price spikes ease for all customers, but the…...
Consumer alert: CUB releases tips on surviving expensive winter
With consumers facing higher heating bills this winter due to skyrocketing natural gas prices and aggressive utility spending, CUB released tips to help consumers get through an expensive winter. The watchdog has set up a special online resource, CUBHelpCenter.com, which explains why gas bills are high and offers safety and…...
Natural gas prices ease in November, but they’re still REALLY high
Good news: For the first time in months, we’re seeing a decrease in natural gas prices. Bad news: November’s supply prices–while lower than October–are higher than they were for most utilities in 2021, and they’re about about double to quadruple what they were two years ago, according to filings with…...
August update: Gas prices still at unprecedented highs, prepare for expensive winter
Illinois is entering its eighteenth month of elevated natural gas prices, with several utilities charging unprecedented highs of more than $1 a therm, according to pricing data filed with the Illinois Commerce Commission (ICC). Last winter was the most expensive in more than a decade, and it looks like the…...
