Cut with ‘an axe’: Watchdogs, AG call for massive cuts to Peoples Gas rate request
The recommendation by the attorney general’s office sets a new tone for utility spending.
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The recommendation by the attorney general’s office sets a new tone for utility spending.
Customers will see annual credits of $40-50 if approved by the ICC.
The credits were negotiated under the state’s landmark climate and energy legislation.
The request would increase monthly heating bills by $10-11 on average.
The hikes would amount to about $300 a year combined by 2028.
Business groups are criticizing decarbonization efforts in Illinois.
The company says the investment is necessary to meet increased electricity demand in Illinois.
If approved, Nicor customers can expect to see around $6 more per month on their bills in 2027.
Consumer advocates call Peoples Gas’ rate hike request “unconscionable.”
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