Peoples Gas has announced that it will lower every Illinois customer’s November gas bill by $56. The utility said the funds for the credits stem from a settlement reached in April with the Illinois Commerce Commission (ICC) over costs related to pipeline construction and replacement, as well as riders adjusting uncollectible costs for 2019–2023.
Peoples Gas added that each customer’s bill will be credited exactly $56.18. The total savings will be applied by reducing two line items on the bill, with each accounting for about half of the total credit. Customers will receive two more credits on later bills: about $42 in 2027 and another credit of $2 in 2028, although the month in which those credits will appear on the bill was not specified.
The company said that under the same settlement it is also lowering rates by eliminating $10 million in infrastructure costs over the next few years. Peoples Gas is still proposing a $144 million rate increase to fund its lead pipe replacement project. Consumer advocates are urging the ICC to reject the increase.
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Source: Polski.FM
