Aside from this week’s brutal cold, warmer-than-normal winter weather is a big reason natural gas prices have plunged. Over the last four months, average prices for the major utilities have dropped by as much as 49 percent. “U.S. households will pay the lowest heating oil and natural gas bills this winter in…...
Illinoisans haven’t seen gas prices like this since…2001!
This isn’t a misprint: December’s natural gas prices are at their lowest point in nearly 15 years! Major Illinois utilities are charging consumers 26-48 percent less to heat their homes this December compared to last. Peoples Gas shows the biggest price drop of all, charging customers about 28 cents per…...
Gas Market Monitor: 9/10 alternative supplier offers have been money-losers
CUB’s free online tool, the Gas Market Monitor, has some startling findings about Northern Illinois’ natural gas market: 9 of 10 plans offered by unregulated suppliers have been money-losers since 2003. CUB announced the numbers in a news conference today to give Northern Illinois households a warning as they prepare for another long…...
Nicor customers beware: Top 3 highest gas prices
This month, Nicor Gas customers–and their checkbooks—were happy to see the regulated utility’s price plunge 27 percent compared to its rate last October. But beware that some alternative gas suppliers are still offering plans that are almost double Nicor’s current rate. Protect yourself from bad deals by taking a quick look at…...
CUB endorsement: Programs to help lower your gas bills!
Over the summer, we asked our CUB Action Network members if they wanted to know more about CUB’s favorite energy efficiency programs. The answer was a resounding: YES! So without further adieu, here is a deep dive into two programs being offered to gas customers in Northern Illinois: the energySMART program from…...
Hello October, hello lower gas prices!
By Samantha Vercellino As October rolls in, consumers begin preparing themselves for the arrival of two things: Starbucks’ Pumpkin Spice Lattes and higher utility bills. But Illinoisans may be singing a different tune this heating season, because major Illinois utilities are charging consumers 25-27 percent less to heat their homes…...
Illinois natural gas prices drop (for now)
By Samantha Vercellino The temperature isn’t the only thing that’s dropping. Gas prices have fallen by up to 31 percent this month, compared with December. Here’s a sampling of what major Illinois utilities are charging this month compared with last: Utility Company Jan. 2015 (cents/therm) Dec. 2014 (cents/therm) Percent Ameren 56.308 57.17 -1.51%…...
Hallelujah! Feds expect lower heating bills this winter
By Samantha Vercellino With federal experts predicting natural gas, electricity and propane costs to fall this winter due to above-average temperatures, Midwesterners can sleep a bit easier knowing another polar vortex blast doesn’t seem to be on the horizon. Warmer winter weather and lower fuel consumption means Midwesterners will pay…...
What is your gas utility charging in October?
Last winter’s polar vortex blast sparked a jump in Illinois natural gas prices that ranged from 9-80 percent. Now, about a half-year later, the gas prices are finally coming down to more normal levels–just as another winter approaches. We’ll keep an eye on the weather reports–it looks like it might not be as…...
