The ink was barely dry on rate hikes granted electric and water utilities in 2024 when Nicor Gas and Ameren Illinois proposed new gas increases for 2025—including one that would be the largest gas increase in Illinois history. Also, Peoples Gas has filed papers with state regulators indicating it might…...
CUB reports on April Gas prices
April gas prices are generally down, with some reminders of the expensive volatility of the market, including a 59 percent increase in one utility’s price from last year, according to CUB’s review of Illinois’ gas market. Gas utilities file supply prices–called the Purchased Gas Adjustment (PGA)–each month with the Illinois…...
What you need to know about January 2024 gas prices in Illinois
Most gas companies are charging prices in the new year that are an average of 46 percent lower than last January, but month-to-month prices still show signs of the gas market’s instability. Gas utilities file supply prices–called the Purchased Gas Adjustment (PGA)–each month with the Illinois Commerce Commission (ICC). Below…...
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…...
November gas prices way down from last year (with hints of market volatility)
November gas prices continue the trend of being significantly lower than last winter–by a range of 25 to 66 percent. But once again there are some examples of the roller-coaster volatility of the gas market. Gas utilities file supply prices–called the Purchased Gas Adjustment (PGA)–each month with the Illinois Commerce…...
October gas prices way down from last year–hoping for no prices spikes in the near future
As Illinois enters the first month of the winter heating season, October gas prices continue the trend of being significantly lower than the last two years, with some glaring examples of the volatility that makes consumers so uneasy. Gas utilities file supply prices–called the Purchased Gas Adjustment (PGA)–each month with…...
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…...
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