The Michael A. Bilandic Building in downtown Chicago, shown in May 2024, houses the offices of the Illinois Commerce Commission. (Capitol News Illinois photo by Andrew Adams)
Article Summary
- Nicor Gas submitted a rate request to the Illinois Commerce Commission on Friday, seeking a $221 million rate increase. If approved, Nicor customers can expect to see around $6 more per month on their bills in 2027.
- Utility watchdog groups denounced the move as a “money grab,” which comes two months after state regulators approved a $168 million rate increase in November.
- The ICC will have 11 months to review the request, giving consumer advocates the chance to intervene and argue against it.
This summary was written by the reporters and editors who worked on this story.
CHICAGO — Nicor Gas on Friday filed a $221 million rate hike request with the Illinois Commerce Commission, less than two months after state regulators approved a $168 million rate hike for the utility.
The company estimates that the increase, if approved in full, will add less than $6 to monthly gas bills for typical residential customers, or 6.7% annually, starting in 2027. Nicor distributes natural gas to around 2.3 million customers in northern Illinois…