Today, the Illinois Commerce Commission (ICC) announced plans to investigate an expensive Peoples Gas’ pipe replacement program.
Projected costs for the program have reportedly ballooned to $4.6 billion over the past five years and could cause YOUR rates to double in the next decade.
CUB wants to thank the ICC for taking a stand for Illinois consumers and examining the program’s potential pitfalls. After all, Peoples Gas customers can’t afford to pay for the company’s mistakes and mismanagement.
There’s work to be done, though. Wisconsin Energy still wants the ICC to approve a $5.7 billion merger with Peoples parent company, Integrys Energy Group, before the investigation is even complete.
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