Big savings for Chicago gas customers—but they pay more than suburbs
A struggling economy combined with a healthy supply of natural gas means Peoples Gas customers could cut their heating costs by more than $300 from November to March compared with last year. Nicor Gas, a suburban gas company, predicts the average household could save nearly $200 from October to March, Crain’s reports.
While welcoming the good news, CUB is scratching its head over the disparity in natural gas prices. While Peoples/North Shore Gas is charging around 50 cents a therm in September, Nicor is charging 33 cents a therm.
“I think it demands further investigation to really get to the bottom of it so that we can see what’s going on,” said CUB Executive Director David Kolata.
Read the Crain’s story and a video report based on it.