Most gas utilities are charging higher supply prices, compared with last month and last year, according to CUB’s review of pricing information filed with the Illinois Commerce Commission (ICC). Gas utilities file supply prices–called the Purchased Gas Adjustment (PGA)–each month with the ICC. Here’s a rundown of what we found.…...
CUB’s monthly report on gas volatility: June 2024
Gas utilities file supply prices–called the Purchased Gas Adjustment (PGA)–each month with the Illinois Commerce Commission (ICC). Here’s what we uncovered in our review of June prices. Compared with last month, six major utilities are charging prices that are higher, ranging from about 2 percent (Ameren) to 65 percent (Mr. Carmel).…...
News Release: Report warns that Illinois gas charges could triple in the next 10 years if state regulators do not intervene
Gas utility customers in Illinois could see the delivery charges on their bills triple in the next decade if regulators do not limit gas utility spending, according to a new analysis released Monday. The Future of Gas in Illinois, from the Building Decarbonization Coalition and Groundwork Data, finds that despite…...
CUB’s monthly report on gas volatility: May 2024
Gas prices are lower than they were a year ago for most customers in the Chicago region, thankfully, but five utilities from across the state saw increases ranging from 9 percent to 97 percent from last May, according to CUB’s review of Illinois’ gas market. Gas utilities file supply prices–called…...
ICJC News Release: Experts say CABO will make new Chicago homes healthier, reduce energy bills, and create jobs. Peoples Gas President called out for prior false testimony.
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…...
