Inside these posts: Natural gas rates

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Survey ranks Chicago-area natural gas companies below others in Midwest

Natural gas utilities for Northern Illinois and Chicago are making their business customers a little happier than last year, but they still rank below many others in the Midwest, according to a customer satisfaction study by J.D. Power and Associates.

Nicor Gas, which serves northern Illinois, rose 15 points on the index, and now ranks 13th among 21 Midwestern gas utilities. Peoples Gas, which serves Chicago, rose 3 points, but remained toward the bottom, landing at No. 20. Both came in below the Midwest average. Get the full story »

Peoples Gas, North Shore Gas ask for rate hikes

Chicago natural gas customers could see their bills go up by more than $100 a year in 2012 under a rate hike proposal that Peoples Gas filed Tuesday with the Illinois Commerce Commission.

Peoples Gas and North Shore Gas, subsidiaries of the Integrys Energy Group, said they are asking for higher rates to offset increased delivery costs. Peoples Gas is asking for a hike that would tack on about $9 per month to a typical small residential customer’s bill, adding up to $108 a year. The increase applies only to the delivery charge, with the cost of natural gas and taxes remaining the same, the utility said in a statement.

In the case of North Shore Gas, the utility is seeking a rate adjustment that would mean a $3 monthly increase for the typical customer, or roughly $36 a year. Get the full story »

ComEd to renew push for automatic rate hikes

Commonwealth Edison Co. is pushing for legislation that would increase gas and electric bills according to a formula, rather than through the more complicated regulatory processĀ  used today.

The company said a more streamlined regulatory process would allow it to quickly and predictably recoup investments aimed at modernizing the electrical grid rather than having to wait the 11 months needed to decide a rate case. A similar proposal ComEd brought forward last year that did not include the state’s other utilities, flamed out with lawmakers. Get the full story »