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…...
March gas prices reflect an unstable market’s roller coaster ride for consumers
Reflecting the roller coaster nature of the gas market, the March supply rates charged by Illinois’ major gas utilities are marked by a few shocking price swings, including a 92 percent increase for one company compared to a year ago, a CUB review found. Gas utilities file supply prices–called the…...
Up and down: February gas prices down from last year, but up from last month
Gas utilities are charging prices in the new year that are an average of 24 percent lower than last February, but month-to-month instability is still rampant. Gas utilities file supply prices–called the Purchased Gas Adjustment (PGA)–each month with the Illinois Commerce Commission (ICC). Compared with last month, the prices are…...
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: State regulators should slash Nicor Gas’ record rate-hike request
Nicor Gas’ record $321 million rate-hike request includes an excessive profit rate for corporate shareholders and should be slashed by at least $106.5 million, according to expert testimony CUB filed Tuesday. (Read our news release.) “Nicor’s rate-hike request is unjust and unreasonable–it will only be a hardship for customers, and…...
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…...
