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…...
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…...
