The Illinois Commerce Commission (ICC) on Dec. 14 issued a series of orders that significantly reduced the record rate hikes Commonwealth Edison and Ameren Illinois wanted while also rejecting their plans to upgrade the power grid, ruling that they violated several provisions of the Climate and Equitable Jobs Act (CEJA). …...
CUB statement reacting to Peoples Gas’ announcement of another likely rate hike: In the midst of a woeful heating bill crisis for consumers, utility is “unrepentant,” must be opposed
The Citizens Utility Board (CUB) has discovered that Peoples Gas on Thursday filed a document (see Verified Petition for Waiver) with the Illinois Commerce Commission (ICC) that raises the specter of another rate-hike request in 2024. CHICAGO—Hours after its latest effort to squeeze more money out of consumers collapsed yesterday,…...
CUB applauds ICC for standing up for ComEd, Ameren customers, holding utilities accountable in unprecedented regulatory rulings
The Illinois Commerce Commission (ICC) on Thursday ruled on record ComEd and Ameren Illinois electric rate-hike requests. In the rulings, the ICC rejected the multi-year grid plans proposed by Ameren and ComEd for lacking any proof of their affordability, slashed the excessive shareholder profit rates pushed by the companies and…...
CUB applauds regulators for rejecting Peoples Gas “theatrics,” as ICC opposes latest bid to additional rate hike
The Illinois Commerce Commission (ICC) Thursday unanimously derailed a request by Peoples Gas to claw back $134 million of disallowed funding for its pipeline-replacement program in 2024. If approved, the motion would have added about $8 million to the record $300 million rate hike the utility received last month. Peoples Gas executives threatened…...
Winter forecast: Finally, some relief (we hope)
After two painful winters, federal predictions are that Midwest gas bills will be down about 14-21 percent compared with last winter. The supply side of bills has definitely been down–CUB’s review of December gas prices showed that all but one of the major Illinois utilities in the state were charging…...
CUB’s money-saving events in December
This is a roundup of free events taking place throughout the rest of 2023. This year, CUB’s Outreach Team staffed more than 300 events across the state. As consumer advocates, we’ll never give up—and that’s why we’ll continue putting on events dedicated to saving you money and keeping you up-to-date…...
CUB slams irresponsible Peoples Gas motion
The following is a statement from Citizens Utility Board (CUB) Executive Director Sarah Moskowitz reacting to a motion filed by Peoples Gas today seeking to get permission from the Illinois Commerce Commission (ICC) to claw back $134 million of disallowed funding for its pipeline-replacement program in 2024. If approved, this…...
A look at December’s gas prices
Most gas companies are charging prices in December that are an average of 36 percent lower than last winter. The lone exception is North Shore Gas, which is actually charging 3 percent more than last year, giving another glimpse of the roller-coaster volatility of the gas market. Gas utilities file…...
