Peoples Gas files $202 million rate increase request with Illinois regulatory body – Capitol News IL

The increase, which the company estimates will add $10-11 to monthly gas bills for typical residential customers in Chicago if approved by the ICC, comes three years after Peoples Gas received a $303 million rate hike in 2023, the largest in state history.
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mqyl
4 months ago

When a city, county, state, utility, etc. wants to increase a cost to the residents/taxpayers, a good rule of thumb is to add 20-50 percent to the estimate to get a better estimate of the additional cost. In some cases, you’ll need to add a much bigger percentage, but almost never would you need to decrease the initial estimate.

Deb
4 months ago

This needs to be blocked. Let utility companies may for their own maintenance. That is the cost of doing business, and these costs shouldn’t be pushed onto consumers.

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