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Consumer Alert: Natural gas prices to soar in April

Several major Illinois utilities are increasing their natural gas prices by about 40 percent to 69 percent on April 1, a lingering effect of February’s volatile winter weather that crippled the nation’s gas supply and caused massive blackouts in Texas. Last month, dangerously low temperatures and up to a foot of snow prompted Illinois Gov.…...

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Illinois gas utilities ring in the new year with higher rates

Illinois’ major gas utilities are kicking off 2021 by raising the price per therm for January. This across-the-board increase is on track with predictions made by the Energy Information Administration (EIA) at the beginning of this heating season. The price per therm you’re paying for natural gas in January, also…...

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Ameren gas rates go up, MidAmerican’s drop

Ameren Illinois’ natural gas rates went up more than 3.5 cents per therm from last month, while MidAmerican Energy customers saw their rates fall about 5 cents. Gas utilities Peoples Gas and North Shore Gas prices fell about a penny, and Nicor Gas increased by a penny. The price per…...

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November natural gas rates trending up

November gas prices are more expensive this month than last, with the exception of Nicor Gas.  The Energy Information Administration (EIA) has anticipated an uptick. Last month, the organization predicted that natural gas bills across the Midwest could be about 8 percent higher than last winter. Over the winter season,…...

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October gas prices up from last month, down from 2019

The winter heating season is upon us, but while natural gas prices are up from last month, many utilities are charging less than they did last October.  Still, there’s bad news from one of the state’s biggest utilities: Crain’s Chicago Business reports that winter bills for Peoples Gas, which serves…...

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Natural gas rates go up as the economy plummets, unemployment skyrockets

Most natural gas utilities have increased their prices for June, just as we face an economic crisis. These rising prices are a change in the downward trend CUB had observed in gas prices over the last several months. Thankfully, rates are still relatively low and usage tends to be lower in…...

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Natural gas prices continue decline amid Coronavirus concerns

For the fifth consecutive month, most natural gas utilities have lowered their prices from the previous month as the COVID-19 pandemic disrupts the market. All prices  are lower than last May.  The price per therm you will pay for natural gas in May, also known as the Purchased Gas Adjustment,…...

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New gas prices for December

December natural gas prices have shot up significantly for most of Illinois’ major utilities. That’s in line with predictions by the Energy Information Administration (EIA), the statistical arm of the Department of Energy. The EIA says Midwest gas customers can expect to pay up to 30% more this winter. But…...

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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…...

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