CUB issued the following statement responding to the Illinois Commerce Commission (ICC) ruling on Nicor Gas’ rate-hike request: Any heating bill increase is too much for Nicor’s 2.3 million customers, who have been hit with four previous rate hikes in the last eight years – a period when profits for…...
Regulatory judges recommend reducing Nicor rate hike by $100 million, consumer advocates urge regulators to cut further
A recommendation pending before state regulators would shave a record-setting rate hike proposal now looming over 2.3 million Nicor Gas customers by more than $100 million, or about one-third, but consumer advocates say there is more fat to trim from the prosperous utility’s bid for a bloated increase in heating…...
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. (Update: Since the testimony was…...
