Tag: Nicor Gas

Partial win, reduced Nicor rate hike

By Maggie DoughertyCapitol News Illinoismdougherty@capitolnewsillinois.com The Illinois Commerce Commission approved an $82 million rate hike. The amount was negotiated between Nicor Gas and the attorney general’s office as part of a settlement that reduced the company’s original request by nearly two-thirds. The rate increase is expected to add around $2

Consumer advocates seek reduction in latest Nicor gas rate request

By Maggie DoughertyCapitol News Illinoismdougherty@capitolnewsillinois.com Watchdog groups are calling on regulators to reject $178 million, or 80%, of a $220.8 million rate hike requested by Nicor Gas earlier this year, citing wasteful capital spending, excessive shareholder profits and “lavish” executive bonuses. Consumer advocate groups including the Citizens Utility Board, the