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…...
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…...
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…...
Joint statement from the IL Attorney General’s Office, the City of Chicago and CUB on the Peoples Gas System Modernization Plan
This is a joint statement from the Illinois Attorney General’s Office, the City of Chicago and CUB for a Crain’s Chicago Business report that showed the Peoples Gas pipeline-replacement program is on track to be billions of dollars over-budget and years behind schedule. Together, we have spent years pushing the Illinois Commerce…...
Alert: CUB urges struggling consumers to call their utilities before key protections expire July 31
Amid high energy prices, the Citizens Utility Board (CUB) is urging consumers who are struggling to pay their utility bills to call their utilities immediately to learn about protections available to stay connected to service. Some of those safeguards expire July 31. “It’s been a rough year for utility customers,…...
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…...
