Aside from this week’s brutal cold, warmer-than-normal winter weather is a big reason natural gas prices have plunged. Over the last four months, average prices for the major utilities have dropped by as much as 49 percent. “U.S. households will pay the lowest heating oil and natural gas bills this winter in…...
Illinoisans haven’t seen gas prices like this since…2001!
This isn’t a misprint: December’s natural gas prices are at their lowest point in nearly 15 years! Major Illinois utilities are charging consumers 26-48 percent less to heat their homes this December compared to last. Peoples Gas shows the biggest price drop of all, charging customers about 28 cents per…...
Gas Market Monitor: 9/10 alternative supplier offers have been money-losers
CUB’s free online tool, the Gas Market Monitor, has some startling findings about Northern Illinois’ natural gas market: 9 of 10 plans offered by unregulated suppliers have been money-losers since 2003. CUB announced the numbers in a news conference today to give Northern Illinois households a warning as they prepare for another long…...
Hello October, hello lower gas prices!
By Samantha Vercellino As October rolls in, consumers begin preparing themselves for the arrival of two things: Starbucks’ Pumpkin Spice Lattes and higher utility bills. But Illinoisans may be singing a different tune this heating season, because major Illinois utilities are charging consumers 25-27 percent less to heat their homes…...
Money-saving programs to brag about
By Samantha Vercellino Thanks to efficiency programs offered by Illinois’ major utilities saving energy—and money— is easier than ever before. CUB chose five of its favorite energy efficiency programs from across Illinois. (See them below in no particular order.) ComEd’s Lighting Discounts Lighten your utility woes by switching to newer energy-saving…...
Cold winter = refund on gas bills
Peoples Gas and North Shore Gas customer will receive a $33.5 million refund this year due to the unusually cold winter. Customers should expect to see a monthly credit on their bill, starting this month and ending in December. Total average refunds will reach $29.50 for Peoples customers and $23 for North Shore customers,…...
IL energy, cable & phone companies made $17.7 billion in 2014
The parent companies of Illinois’ major electric, cable, natural gas and phone companies made a total of $17.7 billion in profits last year, according to a CUB review of recent filings with the Securities and Exchange Commission. Comcast: The cable, phone and Internet giant saw its 2014 profits top $8.4 billion…...
Breaking: Peoples, North Shore Gas receive $78.5 million in rate hikes
The Illinois Commerce Commission (ICC) Wednesday granted Peoples Gas and North Shore Gas a $78.5 million increase in delivery rates ($74.8 million for Peoples Gas, $3.7 million for North Shore Gas, according to ICC figures). We’re glad the ICC slashed the companies’ initial rate requests by more than $50 million, but we still think the…...
Illinois natural gas prices drop (for now)
By Samantha Vercellino The temperature isn’t the only thing that’s dropping. Gas prices have fallen by up to 31 percent this month, compared with December. Here’s a sampling of what major Illinois utilities are charging this month compared with last: Utility Company Jan. 2015 (cents/therm) Dec. 2014 (cents/therm) Percent Ameren 56.308 57.17 -1.51%…...
News that hits us like a big lump of coal: Gas prices up by as much as 30% this December
By Samantha Vercellino As cold grips the Midwest in the opening days of December, we’re forced to welcome natural gas prices that are up to 30 percent higher. Major Illinois utilities are charging consumers 13-30 percent more to heat their homes this December compared to last. Peoples Gas showed the…...
