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Natural Gas

February continues trend of lower gas prices–but they’re still higher than 2021

Some good news: Gas prices for February continue the downward trend we’ve been seeing the last few months. Plus, recently the Energy Information Administration, the statistical arm of the U.S. Energy Department, eased its prediction on how much more Midwest natural gas customers could pay on average this winter–from 29…...

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January gas prices still way up–will we see some relief in 2023?

Natural gas supply prices dropped for about half of Illinois’ major gas utilities from December to January, but the prices are still at significantly high levels for the second consecutive winter.  “We’re hoping that sometime in the new year we’ll see these price spikes ease for all customers, but the…...

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Q&A: High natural gas bills in Illinois

Natural gas bills are at their highest level in years, and the two major reasons are: overly aggressive spending by gas utilities and skyrocketing supply prices. Read our Q&A to get the details. How expensive has this been for consumers?    People in Illinois who heat their homes with natural…...

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December natural gas prices fall for many utilities–although they’re still painfully high

For the second straight month, natural gas prices have dropped for all or most of Illinois’ utilities. But most gas customers are still paying about double or worse than they did just two years ago for the volatile fossil fuel. “Nobody has a crystal ball, but we’re thankful for this…...

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Natural gas prices ease in November, but they’re still REALLY high

Good news: For the first time in months, we’re seeing a decrease in natural gas prices. Bad news: November’s supply prices–while lower than October–are higher than they were for most utilities in 2021, and they’re about about double to quadruple what they were two years ago, according to filings with…...

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Report: Peoples Gas’ pipeline replacement project needs billions more from consumers

The Illinois Attorney General’s office, the City of Chicago and CUB call for the end of a damaging gas surcharge in a new Crain’s Chicago Business analysis that finds the troubled Peoples Gas pipeline-replacement program the surcharge helps fund “appears all but certain to exceed” its latest cost estimate by…...

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Winter heating season is here, and so are painfully high October gas prices

We’re officially at the start of  the heating season and Illinois faces a painful winter. One report estimates a 17 percent jump in heating costs this winter, and another says 1 in 6 Americans are already struggling to keep up with their utility bills.  “All indications are that gas bills…...

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September gas prices are out, prepare for winter heating season now

We’re officially one month from winter heating season. Based on future prices, we’re looking at a painful winter, especially as 1 in 6 Americans are struggling to keep up with their utility bills.  About 80 percent of Illinois homes heat with natural gas, and the past winter was their most…...

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August update: Gas prices still at unprecedented highs, prepare for expensive winter

Illinois is entering its eighteenth month of elevated natural gas prices, with several utilities charging unprecedented highs of more than $1 a therm, according to pricing data filed with the Illinois Commerce Commission (ICC). Last winter was the most expensive in more than a decade, and it looks like the…...

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July gas prices continue to hover around $1/therm for many utilities- Make your winter efficiency upgrades now

Natural gas customers in Illinois are paying the highest supply prices in more than a decade, with many utilities charging nearly $1 a therm or more in July, according to gas price data filed with the Illinois Commerce Commission (ICC). It looks like the high gas prices will extend into the…...

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