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…...
August update: Gas prices still at unprecedented highs, prepare for expensive winter
Illinois is entering its eighteenth month of elevated natural gas prices, with several utilities charging unprecedented highs of more than $1 a therm, according to pricing data filed with the Illinois Commerce Commission (ICC). Last winter was the most expensive in more than a decade, and it looks like the…...
In May, natural gas prices reach their highest point in more than a decade
Many natural gas customers in Illinois are paying the highest prices in more than a decade, with most utilities charging nearly $1 a therm or more in May, according to gas price data filed with the Illinois Commerce Commission (ICC). This latest development shows that even though winter is over,…...
Consumer advocates secure utility protections after hard winter
Throughout the pandemic, consumer advocates, state regulators and utilities have negotiated consumer protections to try to keep people connected to service. The following is a summary of the latest protections, broken down by the major utilities in the state, according to the Illinois Commerce Commission (ICC). After reading this, CUB…...
Q&A: What is the QIP surcharge on my gas bill?
What is the QIP surcharge? The Qualified Infrastructure Plant, or QIP, fee is charged by Ameren Illinois, Nicor Gas and Peoples Gas, the three biggest gas utilities in Illinois. It covers certain costs associated with replacing natural gas pipes and other work on the utilities’ gas delivery system. You may…...
