A spike in April’s heating fuel price shows that Peoples Gas drastically understated the fallout customers would experience from a record-breaking rate hike the company imposed last year, the Citizens Utility Board (CUB) warned Thursday. (Read CUB’s news release here, and here’s the Chicago Tribune’s coverage of the issue.) Peoples…...
Natural gas prices continue their rise into May
Most major Illinois gas utilities are again increasing their prices, the lingering effects of extreme cold that hit the nation for a brief period over the winter and caused prices in Illinois to skyrocket. A few utilities lowered prices, but most natural gas customers will see their rates go up.…...
