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…...
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…...
Buried in $493M in overdue bills: ICC database shows urgency of Illinois reining in big utilities
In one month alone, major electric, gas and water utilities in Illinois reported that more than 1.3 million of their customers were buried in $493.6 million in debt, according to April numbers the companies were required to file with the Illinois Commerce Commission (ICC). “A lot has changed over the…...
February continues trend of lower gas prices–but they’re still higher than 2021
Some good news: Gas prices for February continue the downward trend we’ve been seeing the last few months. Plus, recently the Energy Information Administration, the statistical arm of the U.S. Energy Department, eased its prediction on how much more Midwest natural gas customers could pay on average this winter–from 29…...
January gas prices still way up–will we see some relief in 2023?
Natural gas supply prices dropped for about half of Illinois’ major gas utilities from December to January, but the prices are still at significantly high levels for the second consecutive winter. “We’re hoping that sometime in the new year we’ll see these price spikes ease for all customers, but the…...
