Sarah Moskowitz
The gas utility company’s pipe replacement program had been on hold for over a year so the Illinois Commerce Commission could determine how to move forward with the program, which has been years behind schedule and billions of dollars over budget. Thursday’s decision does not have an immediate effect on customers’ bills, according to state regulators.
Advocates say the proposed ordinance aims to combat climate change and reduce the amount of greenhouse gas emissions, while critics believe it would increase cost and risk reliability.
There is a battle over a multi-billion dollar, decades-long project to upgrade Chicago’s aging natural gas pipelines.
Your gas bill could be about $12 per month higher next year — that’s the average increase per customer Peoples Gas estimates if it succeeds in raising rates. It’s the first time in nine years the utility company has asked for a rate hike.