Tuesday, January 17, 2012
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Illinois households may save $150 due to mild winter

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[January 17, 2012]  CHICAGO (AP) -- An analysis by a nonprofit watchdog group says the mild winter could contribute to big savings for consumers in Illinois.

The Citizens Utility Board analysis also cites low natural gas prices and energy efficiency as contributing to potential savings that could save each household nearly $150.

Illinois' gas utilities have reported that heating prices could remain low into 2018 because of increased gas production. This month, Peoples Gas, Nicor Gas and North Shore Gas are charging prices 7-10 percent lower than last January.

Last week, state regulators granted Peoples Gas a rate increase that could raise the delivery portion of bills by about $4 a month. North Shore Gas also was granted a rate increase. The Citizens Utility Board is appealing the decision.

[Associated Press]

Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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