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Natural gas prices continue their rise into May

Most major Illinois gas utilities are again increasing their prices, the lingering effects of extreme cold that hit the nation for a brief period over the winter and caused prices in Illinois to skyrocket.  A few utilities lowered prices, but most natural gas customers will see their rates go up.…...

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Consumer Alert: Natural gas prices to soar in April

Several major Illinois utilities are increasing their natural gas prices by about 40 percent to 69 percent on April 1, a lingering effect of February’s volatile winter weather that crippled the nation’s gas supply and caused massive blackouts in Texas. Last month, dangerously low temperatures and up to a foot of snow prompted Illinois Gov.…...

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It’s time to rethink heat in Chicago

By Chicago Alderman Brendan Reilly and David Kolata, CUB Executive Director If ever there was an absolute certainty, it’s that the controversial Peoples Gas pipeline-replacement program is setting up Chicago residents for an economic disaster, unless we act now. The company’s decades-long plan to replace gas mains throughout the city…...

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Illinois gas utilities ring in the new year with higher rates

Illinois’ major gas utilities are kicking off 2021 by raising the price per therm for January. This across-the-board increase is on track with predictions made by the Energy Information Administration (EIA) at the beginning of this heating season. The price per therm you’re paying for natural gas in January, also…...

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Ameren gas rates go up, MidAmerican’s drop

Ameren Illinois’ natural gas rates went up more than 3.5 cents per therm from last month, while MidAmerican Energy customers saw their rates fall about 5 cents. Gas utilities Peoples Gas and North Shore Gas prices fell about a penny, and Nicor Gas increased by a penny. The price per…...

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October gas prices up from last month, down from 2019

The winter heating season is upon us, but while natural gas prices are up from last month, many utilities are charging less than they did last October.  Still, there’s bad news from one of the state’s biggest utilities: Crain’s Chicago Business reports that winter bills for Peoples Gas, which serves…...

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Natural gas prices continue decline amid Coronavirus concerns

For the fifth consecutive month, most natural gas utilities have lowered their prices from the previous month as the COVID-19 pandemic disrupts the market. All prices  are lower than last May.  The price per therm you will pay for natural gas in May, also known as the Purchased Gas Adjustment,…...

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