Like many Illinois consumers, John Van Hattem had second thoughts after he enrolled with an unregulated gas supplier that came to his door. John called the company—Illinois Gas & Electric—to cancel, only to hear a recorded message saying, “…the issue is with your local gas utility company.” Next, he called…...
EIA: ‘U.S. households will pay the lowest…gas bills this winter in more than a decade’
Aside from this week’s brutal cold, warmer-than-normal winter weather is a big reason natural gas prices have plunged. Over the last four months, average prices for the major utilities have dropped by as much as 49 percent. “U.S. households will pay the lowest heating oil and natural gas bills this winter in…...
Illinoisans haven’t seen gas prices like this since…2001!
This isn’t a misprint: December’s natural gas prices are at their lowest point in nearly 15 years! Major Illinois utilities are charging consumers 26-48 percent less to heat their homes this December compared to last. Peoples Gas shows the biggest price drop of all, charging customers about 28 cents per…...
Gas Market Monitor: 9/10 alternative supplier offers have been money-losers
CUB’s free online tool, the Gas Market Monitor, has some startling findings about Northern Illinois’ natural gas market: 9 of 10 plans offered by unregulated suppliers have been money-losers since 2003. CUB announced the numbers in a news conference today to give Northern Illinois households a warning as they prepare for another long…...
IL energy, cable & phone companies made $17.7 billion in 2014
The parent companies of Illinois’ major electric, cable, natural gas and phone companies made a total of $17.7 billion in profits last year, according to a CUB review of recent filings with the Securities and Exchange Commission. Comcast: The cable, phone and Internet giant saw its 2014 profits top $8.4 billion…...
Double trouble: Glitch leads to bigger Nicor bills for thousands
The Bloomington Pantagraph reports that some 7,000 Nicor Gas customers on automatic payment plants were mistakenly charged double from June 13-15. Do you have your Nicor bill paid automatically out of your bank account? The gas utility recommends checking your bank account or calling Nicor, at 1-888-642-6748. Those who incurred bank…...
