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Natural gas prices remain high in August

Most major Illinois gas utilities are holding on to high rates, the aftershock of the extreme cold that hit the nation back in February. Consumers are using less natural gas thanks to the warm weather, but it is still important to factor these high prices into your usage.

The price per therm you’ll pay for natural gas in August, also known as the Purchased Gas Adjustment, or PGA, is shown in the chart below. It includes PGAs from this month, last month and August 2020 for comparison. Hover your mouse over the graphic to show prices.

The high prices we are seeing this summer are the lingering effects of record-low temperatures that hit parts of the United States in February, disrupting gas supply across the nation and causing deadly power outages in Texas.

Although summer temperatures are upon us, it is still important to be prudent with your natural gas usage. Visit CUB’s Gas page for more information on energy efficiency and tips to help you save on your bills.

And if you’re having trouble paying your bills, please contact your utility immediately. Consumer protections are in place to help consumers pay their bills and avoid disconnection. (Read our fact sheets in English and Spanish.)