As we approach winter heating season, gas prices for September remain relatively stable, in contrast to the price spikes of a year ago. There is one glaring exception: an 80 percent jump in price from August for Mt. Carmel, a public utility in southeastern Illinois, to 47.49 cents per therm.…...
August gas prices are relatively low, but it’s always a good time to prepare for winter
Illinois utilities have filed their August gas prices with the Illinois Commerce Commission (ICC) and they’re fairly consistent with what we saw in July. Seven utilities reported a slight increase from last month, at most roughly a 22% increase in price for Consumers Gas. We’re relieved that the supply rates…...
CUB testimony recommends $492 million reduction in Ameren electric hike
Ameren Illinois’ proposed four-year electric rate hike should be slashed by at least $492 million, the Citizens Utility Board (CUB) announced Monday, citing expert testimony it filed. “While a utility has to maintain its system, Ameren should not get a blank check,” CUB Executive Director David Kolata said. “Our expert…...
CUB testimony recommends deep cuts in Ameren gas hike
Ameren Illinois is pushing to raise its profit rate for shareholders to a higher level than any other Illinois utility seeking a rate increase, the Citizens Utility Board (CUB) revealed Monday, as it urged regulators to slash the proposal by at least $59.2 million. “Ameren’s push to increase gas bills…...
May gas prices continue decline across the board (well, almost!)
Continuing a promising trend, six of 9 gas utilities lowered their supply rates from April to May–but Peoples Gas, the much-criticized gas utility for Chicago residents, raised their price by 21 percent, according to a CUB review of May pricing information the companies filed with the state. The good news…...
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