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Chicago utility Peoples Gas is requesting a multimillion-dollar bump to its already record-high rate increase approved by regulators last month.
Chicago utility Peoples Gas is requesting a multimillion-dollar bump to its already record-high rate increase approved by regulators last month.
Peoples Gas filed an emergency motion Friday to state utility regulators asking them to restore millions of dollars in funding.
Peoples Gas filed an emergency motion Friday with the Illinois Commerce Commission seeking to restore $134 million of disallowed pipeline infrastructure funding for 2024 to address uncompleted projects and critical improvements. Without the funding, there will be safety risks from leaking pipes, gaping holes in streets and sidewalks, replacement meters left “dangling” on customer residences ...
In a sweeping ruling last month, the Illinois Commerce Commission put a halt to the utility’s perennially delayed and over-budget pipe project, but Peoples Gas says it needs money to wrap up the project safely.