Gas prices for eight of Illinois’ 9 major utilities remained elevated compared with a year ago, led by Nicor Gas, with a supply price that is about 50 percent higher; Liberty Utilities, with a price about 45 percent higher; and Peoples Gas, with a price about 38 percent higher. Only…...
Public Forum to Allow Frustrated Nicor Gas Customers, Consumer Advocates to Protest Utility’s Attempt to Impose Record Rate Hike
As Illinois regulators prepare to hold a public forum on Nicor Gas’ attempt to win its fifth rate hike in less than a decade–a $308.6 million request that would be the highest gas increase in Illinois history–consumer advocates say the customers of Illinois’ largest gas utility are frustrated and exhausted…...
Consumer Advocates Urge Regulators To Cut Nicor’s Record Rate Hike By More Than Half; Decry Excessive Profits, Wasteful Executive Bonuses
Nicor Gas’ bid for a record-breaking $308.6 million rate hike is rife with excesses and should be slashed by more than half, according to testimony submitted to state regulators by the Citizens Utility Board (CUB), Illinois PIRG, Environmental Defense Fund (EDF), and other consumer advocates. CUB warned the Illinois Commerce…...
Casework Roundup: Enough! Gas utility pushes for record rate hike
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 Statement on Nicor Gas’ Proposed $309 Million Rate Hike
Nicor Gas’ campaign for a state-record rate hike of about $308.6 million–which is closer to $325 million when including taxes–is unjustified, and CUB will fight it. Illinois’ largest gas utility has now asked for five brutal rate hikes in less than a decade, causing hardship for customers by increasing gas…...
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…...
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…...
