Illinois Residents Could See Higher Gas Bills if Peoples Gas Rate Hike Approved

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Illinois Residents Could See Higher Gas Bills if Peoples Gas Rate Hike Approved
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Your gas bill could be about $12 per month higher next year — that’s the average increase per customer Peoples Gas estimates if it succeeds in raising rates.

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The number of cases in front of the ICC is in part due to major policy changes impacting the way utilities request rate increases and the commission’s authority to amend those requests. Electric utilities are seeing a more complicated, multiyear rate-setting process and a more thorough review of profit margins. For gas companies, it means more scrutiny of infrastructure costs.

“One of the reasons why it’s expensive to operate our energy delivery network is because it’s that old,” Hinton said.Sarah Moskowitz, executive director at the Citizens Utility Board, argues that the hike should be cut by at least $63 million.

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