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Energy

February continues trend of lower gas prices–but they’re still higher than 2021

Some good news: Gas prices for February continue the downward trend we’ve been seeing the last few months. Plus, recently the Energy Information Administration, the statistical arm of the U.S. Energy Department, eased its prediction on how much more Midwest natural gas customers could pay on average this winter–from 29…...

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January gas prices still way up–will we see some relief in 2023?

Natural gas supply prices dropped for about half of Illinois’ major gas utilities from December to January, but the prices are still at significantly high levels for the second consecutive winter.  “We’re hoping that sometime in the new year we’ll see these price spikes ease for all customers, but the…...

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Solar group buy program helps 76 properties go solar  ($71,000 in potential first-year savings)

A special program that CUB works on ended 2022 with 76 properties contracted to install solar panels in the coming months–a potential total savings of more than $71,000 for participants in the first year alone. After a year of elevated global energy costs, these Chicago-area residents are moving toward renewable…...

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December natural gas prices fall for many utilities–although they’re still painfully high

For the second straight month, natural gas prices have dropped for all or most of Illinois’ utilities. But most gas customers are still paying about double or worse than they did just two years ago for the volatile fossil fuel. “Nobody has a crystal ball, but we’re thankful for this…...

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Natural gas prices ease in November, but they’re still REALLY high

Good news: For the first time in months, we’re seeing a decrease in natural gas prices. Bad news: November’s supply prices–while lower than October–are higher than they were for most utilities in 2021, and they’re about about double to quadruple what they were two years ago, according to filings with…...

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Winter heating season is here, and so are painfully high October gas prices

We’re officially at the start of  the heating season and Illinois faces a painful winter. One report estimates a 17 percent jump in heating costs this winter, and another says 1 in 6 Americans are already struggling to keep up with their utility bills.  “All indications are that gas bills…...

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September gas prices are out, prepare for winter heating season now

We’re officially one month from winter heating season. Based on future prices, we’re looking at a painful winter, especially as 1 in 6 Americans are struggling to keep up with their utility bills.  About 80 percent of Illinois homes heat with natural gas, and the past winter was their most…...

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Are you ready for when the cold wind blows? Here’s a winter prep list

With the winter heating season beginning Oct. 1, it’s time to get your home ready for cold weather. Outside: Repair damaged shingles, windows and doors. Clear your gutters of any leaves or debris to prevent any roof damage. Inspect your yard for any tree branches that could interfere with power…...

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Here’s what you need to know about alternative electricity suppliers

During high-priced times, many consumers wonder if they should switch to an alternative supplier.  However, when energy prices are up, alternative gas and electricity suppliers are often impacted by the same market conditions, so be careful about getting lured into bad deals. And two recent articles help drive that point…...

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Alert: CUB urges struggling consumers to call their utilities before key protections expire July 31

Amid high energy prices, the Citizens Utility Board (CUB) is urging consumers who are struggling to pay their utility bills to call their utilities immediately to learn about protections available to stay connected to service. Some of those safeguards expire July 31. “It’s been a rough year for utility customers,…...

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