Spiking natural gas prices to hit home for Peoples Gas customers
3 Articles
3 Articles


Spiking natural gas prices to hit home for Peoples Gas customers
When Peoples Gas was awarded a record $303 million rate hike in November 2023, the utility said the increase in delivery charges would be offset by projected lower gas prices, limiting the impact on its 894,000 Chicago customers. But a recent spike in gas prices may deliver a one-two punch to customers this spring, bringing home the longer-term impact of the rate increase that the utility downplayed when the gas costs were lower. Peoples Gas is …
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