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  1. On Jan. 14, Nicor Gas requested a record $293 million increase in delivery rates. That includes a 10.35 percent Return on Equity, or profit rate for shareholders. If Nicor was granted this request, it would represent an 8.37 percent increase in total bills for typical residential customers, or about $5.45 a month
  2. *On Thursday, Jan. 14, Nicor Gas requested a $293 million increase in delivery rates. That includes a 10.35 percent Return on Equity, or profit rate for shareholders. It represents an 8.37 percent..
  3. Generally, natural gas production has kept pace with rising demand; however, the national market price of natural gas can increase, sometimes greatly, as a result of short-term supply disruptions
  4. The other big utilities in Illinois, Nicor Gas and Peoples Gas, are expecting increases of about 44 to 51 percent, to 53 cents a therm and 46.33 cents per therm, respectively, in April. Prices for Consumers Gas and Illinois Gas both dropped from March to April, 37 cents per therm and 21 cents per therm, respectively
  5. *On Thursday, Jan. 14, Nicor Gas requested a $293 million increase in delivery rates. That includes a 10.35 percent Return on Equity, or profit rate for shareholders. It represents an 8.37 percent increase in total bills for typical residential customers. The Illinois Commerce Commission (ICC) will rule on the request in about 11 months

Rate 5 customers purchase all natural gas supplies from Nicor Gas. Firm Transportation Service The customer profile described above in Rate 5 is the same when added with Rider 25 , however, these customers arrange for purchases from another source and contract with Nicor Gas for storage and 100 percent back up service CHICAGO, March 26, 2021 /PRNewswire/ -- The Citizens Utility Board (CUB) warned Friday that several major Illinois utilities will increase their residential natural gas prices by a range of about.. Nicor was the only major utility to not increase its rate. Instead, the northern Illinois utility kept its December price per therm: 29 cents. But from January 2020, Nicor's rates have gone up 3 cents. North Shore's rates have gone up almost 8 cents per therm since the same time last year, and Ameren about 2 cents As the largest natural gas distribution company in Illinois, Nicor Gas ensures that natural gas - an American, abundant, affordable and clean energy source - reaches more than 2.2 million homes and businesses in an area that encompasses most of the northern third of Illinois, excluding the city of Chicago and parts of northern Cook County and Lake County

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  1. Below are charts showing the utilities' gas supply charges for the current and previous two calendar years as well as charts showing the historical gas supply charges for each utility for the past 10 years. Nicor Gas Historical Natural Gas Cost Rates per ther
  2. The Commission approved an annual average increase of about 22% in delivery base rates, which is about 7% less than requested by Nicor. The new rates are expected to take effect on October 8, 2019. The impact on an individual customer will vary based on customer's service class and energy usage
  3. Consumers Gas Company Proposed increase in gas service rates. (tariffs filed November 5, 2020) Case Type: Rate General Increase (9-201) - None Case Status: Initial - Hearing Pending Filed: December 2, 2020 Suspension Ends: April 3, 2021 Resuspension Ends: October 3, 2021 Authority Type(s): Gas
  4. Nicor Gas' rate hike will bring in an additional $168 million in revenue and cost the average suburban household the utility serves an extra $3.32 per month. Those are the final tabulations in the..
  5. *According to CUB's initial review of the filing, Nicor's request will increase the residential monthly customer charge by about 29 percent, to more than $20 per month, and increase the per therm delivery charge by about 60 percent, to about 7.5 cents per therm
  6. In the first concrete sign of a change in direction at the Illinois Commerce Commission, the state's utility regulators voted 3-2 today to approve a rate hike for Nicor Gas that was somewhat lower..
  7. Nicor seeks record-setting rate hike The state's largest gas utility wants a $293 million increase

Nicor Rate Case Update. The daily tolerance penalty proposal also has a potential to significantly impact the cost of natural gas being delivered to the Chicago and Midwest markets. Intervenors are scheduled to file their Rebuttal Testimony on January 14, 2021 and NICOR will file its Surrebuttal Testimony on January 29, 2021.. Nicor Gas operates and maintains natural gas pipes, reads meters and distributes natural gas to certified marketers. Find information about how to Manage Your Account, Pricing and Rate Plans, Billing and Payment Options, Ways to Save, Energy Efficiency Programs, and Natural Gas Vehicles residential customer rates of any major Illinois natural gas utility and among the lowest of any gas utility in the country. Even if the proposed rate increase is granted, we would still have the lowest residential rates in Illinois. Q: When was the last time my rates increased? Nicor Gas has not increased its rates in nearly 10 years. We'v

For millions of suburban residents, a requested $230 million delivery rate increase from Nicor Gas could mean even higher prices next winter — adding $5.36 more per month to most residential bills... The increase is so steep, CUB said, because of an outrageous profit rate for shareholders of 10.6 percent. Nicor's $93.5 million rate hike, approved early this year by the Illinois Commerce. The Illinois Commerce Commission has approved a general rate hike for Nicor Gas, the first such hike in nearly a decade. The commission approved a $137.1 million revenue increase for the company in.. A Nicor rate hike would make this bad situation even worse. The case was filed before the Illinois Commerce Commission and a decision is expected around March. The rate increase would not apply to the cost of the gas, which is passed through to consumers without mark up Nicor Gas was authorized a $168 million annual base rate increase effective October 2019, which includes $65 million related to the recovery of investments under the Investing in Illinois program. The rate increase was based on a 9.73% ROE and 54.2% equity ratio

ICC Cuts Peoples Gas Recovery Costs for System Modernization Program Posted: February 21, 2018; Illinois Commerce Commission Approves Lower Rate Increase than Requested by Nicor Gas Posted: January 31, 2018; ICC Orders Regulated Utilities to Reduce Rates to Reflect Changes in Federal Tax Law or Prove Why They Shouldn't Posted: January 25, 201 Nicor's record-breaking $230M hike In November, just months after receiving a $93.5 million delivery increase, Nicor Gas was back at the ICC, asking for a $230 million rate hike. This is the largest natural gas rate-hike request CUB has seen in 35 years of fighting for Illinois consumers, and it's fueled by a massive profit rate for shareholders of 10.6 percent, Kolata said. The. Case Type Rate General Increase (9-201) - None Authority Type(s) Gas Case Status Appeal - Closed Administrative Law Judge(s) Glennon P Dolan Jessica L Cardon The request for higher rates closely follows a $93.5 million increase Nicor won from the ICC early last year. Like Chicago's Peoples Gas, Nicor is investing heavily in modernizing its.

CUB will join with other consumer advocates in mounting a legal challenge against this rate-hike request. Background: *On Thursday, Jan. 14, Nicor Gas requested a $293 million increase in delivery rates. That includes a 10.35 percent Return on Equity, or profit rate for shareholders. It represents an 8.37 percent increase in total bills for. Nicor's massive rate-hike request—believed to be the largest proposed rate increase by a natural gas company in Illinois history—is a cold slap in the face for consumers struggling to pay. Nicor's massive rate-hike request—believed to be the largest proposed rate increase by a natural gas company in Illinois history—is a cold slap in the face for consumers struggling to pay their heating bills in the middle of an economic crisis brought on by a year-long pandemic. This represents Nicor's third attempt at a record-setting rate hike in the last four years, and it includes an. The Illinois Commerce Commission has approved a $69 million rate hike for Nicor Inc., which distributes natural gas to more than 2 million northern Illinois customers. An ICC spokeswoman says it means about a $2 to $3 monthly increase for residential customers

Breaking: Nicor's record $293M request, Ameren's $76M hike

Nicor prepares for cold weather so it's ready when natural gas usage increases, Golz said. The company buys natural gas when prices typically are low and stores it in eight underground fields for. Nicor said in its rate increase application that the company is seeking to recover its costs by raising the per-therm charges it imposes to deliver natural gas, as well as the monthly customer charge Nicor Gas' 2.2 million customers in Illinois could see their bills rise by about $5 a month if the utility's proposed rate hike is approved, the Chicago Sun-Times is reporting The AG had argued that Nicor Gas' current practice of prioritizing payments for warranty services on equal footing with current Nicor Gas charges on a pro rata basis, and above third-party past-due and current supplier charges (1) contradicts a prior Commission order; and (2) exposes customers to late fees, collection action and potential gas.

approved a rate increase, which was effective October 4, 2005 and revised on November 22, 2005. This change is our fi rst rate increase in nearly 10 years and is needed to continue to provide safe and reliable service. Nicor Gas still has the lowest rates of any major utility in Illinois and among the lowest in the entire United States On October 7, 2009 the Illinois Commerce Commission approved $11 million increase in the annual base revenues as part of its decision on rehearing in our Nicor Gas rate case Nicor spokeswoman Annette Martinez declined to speculate on how much higher a customer's gas bill could be this winter. But for comparison purposes, Nicor was charging $0.87 per therm in February of this year and is now charging $1.45 - a 66 percent increase. Natural gas prices account for 75 percent to 80 percent of a typical customer's bill

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Either way, consumers will be forced to pay more to Naperville-based Nicor Gas, despite a tough economy. The Illinois Commerce Commission Wednesday approved Nicor's delivery rate increase, which would bring in about $69 million of additional revenue. It's about half of what the utility originally requested in a case that started in April 2008 Nicor is replacing aging gas pipes, spending about $250 million a year. The company's investment in capital projects is a key driver for the proposed increase, Williams wrote

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Statement From CUB Executive Director David Kolata On

Nicor's plan to restructure rates would increase the monthly customer charge by 39 percent from $8.40 to $13.55. Overall, the utility's rate increase requests would hike gas bills for the average customer by 31 percent. During these extraordinarily difficult economic times, many families are already struggling to make ends meet, Madigan said Ameren Illinois just received a $76 million natural gas rate hike, and Nicor wants to raise bills by $293 million. Help us stop the utilities' reckless spending by eliminating a bad surcharge on bills Nicor Gas Received a Final Order from the Illinois Commerce Commission for its General Rate Increase on March 25, 2009-Results in Changes to the Customer Select Program Nicor Gas' Do Not Contract List Available on the 14th of Every Month; January 13, 2009 - click here. Key Messages. 2009 Nomination Procedure and Schedule; Nicor Gas Contact.

Pricing & Rate Plans Nicor Ga

  1. Nicor filed an application Tuesday with the Illinois Commerce Commission (ICC) for a $140.3 million increase, according to the company. If granted after ICC review, the new rates would likely take.
  2. While NICOR's contracts provided for a fixed initial price per unit of gas, each contract contained an area rate clause allowing the Producers to increase the contract price under certain circumstances. Scarth contends that these area rate clauses authorize the rate increase he requests. The area rate clauses are similarly worded
  3. Natural-gas distributor Nicor reported a 5% drop in profit and issued a downbeat forecast. The Illinois-based company said it may file for a rate increase amid rising costs
  4. Nicor Gas Received an Amended Final Order from the Illinois Commerce Commission for its General Increase in Natural Gas Rates on September 28, 2005. On September 20, 2005, Nicor Gas received the Final Order in Docket No. 04-0779, Nicor Gas' request for a general rate increase. The Final Order was subsequently amended on September 28, 2005 in order to make a technical correction
  5. Nicor Gas serves more than 2.2 million customers in a service territory that encompasses most of the northern third of Illinois, excluding the city of Chicago. For more information, visit nicorgas.com. About Southern Company Gas Southern Company Gas is a wholly owned subsidiary of Atlanta-based Southern Company (NYSE:SO), America's premier.
  6. Nicor Gas residential customers could see their annual bills rise by an average of 8.3 percent, or $4.79 a month, in 2018 under a proposed rate hike the company is seeking to recoup higher costs
  7. Nicor Gas' record rate-hike request should be cut by at least $82.5 million, mainly because the company is seeking an excessive profit rate for its shareholders, according to testimony filed by the Citizens Utility Board (CUB). Nicor's rate-hike request is bloated and unfair, and our expert testimony proves it, CUB Executive Director David Kolata said Thursday

Nicor Gas serves millions of families and individuals in Illinois, where nearly 11% of residents live in poverty. Food insecurity, homelessness and affordable housing are some of the deficiencies that have been magnified by the COVID-19 pandemic. It is with this understanding that the company announces partnership initiatives to help meet the basic needs of 250,000 families who live at or. Mounting bad debt is one of the major reasons Nicor Gas is seeking a delivery rate increase, Nicor Chief Executive Officer Russ Strobel said Thursday. Bad debt -- or customers not paying their bills for various reasons -- was $53 million in 2007. The company expects that to increase to between $58 million to $60 million by the end of this year NAPERVILLE, Ill., March 11, 2021 /PRNewswire via COMTEX/ -- NAPERVILLE, Ill., March 11, 2021 /PRNewswire/ -- Nicor Gas serves millions of families and... MarketWatch Site Logo A link that brings. SEC Files Fraud Charges Against Nicor's Former CEO, CFO and Treasurer FOR IMMEDIATE RELEASE 2007-164. Washington, D.C., Aug. 9, 2007 - The Securities and Exchange Commission today announced the filing of a civil injunctive action against former senior officials of Nicor, Inc., a major Chicago-area natural gas distributor, alleging financial fraud lasting from 1999 to 2002 This rate may change in the subsequent months at the sole discretion of XOOM Energy. Choose . Details • Fixed Plans. Enroll today on the SureLock 4, SureLock 12, SureLock 24, or RescueLock 12 fixed rate plan and lock in a rate up to 32% lower than the current utility rate.* Utility: Nicor Gas $0.429/therm. Choose . Details • • • *A.

Consumer Alert: Natural gas prices to soar in April

NAPERVILLE - Nicor Gas said Thursday that the Illinois Commerce Commission approved an annual base rate revenue increase of about $11 million, which reflects a rate of return of 8.09 percent, beginning in October. The increase will add about 29 cents to an average monthly residential customer bill, the company said Because the orders shift certain items between base rates and Nicor Gas' PGA rider, the company estimated that the annual net revenue increase resulting from implementing the rehearing order received in March 2006 is about $30.2 million (reduced from $34.7 million in the original order implemented in the fourth quarter of 2005)

Nicor Inc. (NYSE:GAS) announced today that the Illinois Commerce Commission (ICC) issued its decision on rehearing in the rate case of the company Nicor Gas: 53 cents per therm (51.4 percent increase from March's price) North Shore Gas: 41.61 cents per therm (2.3 percent increase from March's price) Peoples Gas: 46.33 cents per therm (43.9. The hike would increase delivery rates, which take up about a third to a half of gas bills. That's what Nicor charges to cover the costs of delivering gas to customer homes, plus a profit Constructive Rate Settlement: In its last base rate case proceeding, Nicor Gas was authorized a $168 million annual base rate increase, which includes $65 million related to the recovery of investments under the Investing in Illinois program. The rate increase was based on a 9.73% ROE and 54.2% equity ratio. New rates became effective October 2019

Rates and Riders Nicor Ga

When Peoples acquired Equitable Gas in 2013, it was agreed that Peoples would operate the former Equitable Gas system as a separate division of Peoples, which means that the Peoples and the Peoples-Equitable Divisions would maintain separate tariffs and rates and charges under the Peoples Natural utility, unless otherwise approved by the PUC *Costs and charges are billed on a per therm basis. **Up to 90 Therms and $0.00001 per therm thereafter. The most accurate comparison between SEMCO ENERGY Gas Company's billing rates and another supplier's billing rates can be made with the Energy Charges.Simply compare the Energy Charges on your SEMCO ENERGY gas bill with the Energy Charges of another supplier to determine the best choice. The natural gas you have stored starting April 1 st running through October 31 st will begin to be added into your monthly natural gas usage from November 1 st through March 31 st.. You have probably noticed your summer bills were a little higher than normal, this is because Realgy Energy Services has been storing 20% of your natural gas annual usage at the lower summer rates, to be used. Nicor Gas commits to help 250,000 families meet their basic needs Feeding America's latest research shows that the general food insecurity rate in northern Illinois has increased by 62%, and. In the Nicor Gas case, Madigan's filing with the ICC estimated that Nicor should reduce its rate increase request by $37 million in light of the federal tax cut. The estimate significantly reduces Nicor's pending $129.4 million request as a result of the lower taxes

Consumer Alert: Natural Gas Prices To Soar In April, CUB

Nicor Gas is proposing an overall increase in business and residential rates of about $140 million. I also want to emphasize that even with the requested new rates, Nicor Gas would still be. The ICC commissioners will then make the final decision on Nicor Gas's rate increase request, and that decision may differ from the ALJ's recommendation. That final decision is expected to be. NAPERVILLE, Ill., March 11, 2021 /PRNewswire/ -- Nicor Gas serves millions of families and individuals in Illinois, where nearly 11% of residents live in poverty. Food insecurity, homelessness and.

Illinois gas utilities ring in the new year with higher

  1. Sr. Rate Analyst at Nicor Gas Greater Chicago Area 339 connections. Join to Connect Gathered data and analyzed trends in order to increase efficiency in the monthly billing process
  2. 60 reviews of Nicor Gas This IS the only option if you WANT to take a hot shower, cook over a flame in doors, and dry your clothes. It's like we're playing a game of monopoly and if you want too make it to go - you must pass through property that everyone owns - so basically you're screwed. The condo building I live in was doing something that had them turn off our gas
  3. No request for rate increase. Nicor Gas will continue to have the lowest rates of any major natural gas utility in Illinois and among the lowest in the entire United States. Operational benefits from best practices expected to create advantages for Nicor Gas customers over time
  4. The situation changed dramatically in 1974 when the Commission granted NI-Gas its first general rate increase in 20 years. This, combined with a Gauthier-led program of efficiency, automation, and cost-cutting, made NI-Gas one of the industry's top moneymakers by the mid-1970s
  5. Virginia Natural Gas Rate Request. Virginia Natural Gas (VNG) filed a request with the Virginia State Corporation Commission (VSCC) June 1, 2020 seeking to implement customer-focused enhancements and recover costs incurred from investments in infrastructure, technology and workforce development. Learn more >

About Nicor Gas Nicor Gas is one of four natural gas distribution companies of Southern Company Gas, a wholly owned subsidiary of Southern Company (SO) . Nicor Gas serves more than 2.2 million customers in a service territory that encompasses most of the northern third of Illinois , excluding the city of Chicago NICOR Gas Website P.O. Box 190 Aurora, IL 60507-0190 NICOR Call Center Phone: 888-642-6748 NICOR Gas Repair Phone: 708-597-0110 Phone: 888-NICOR4 In late 2005, Nicor Gas received approval from the ICC for a $54.2 million base rate increase which reflected an allowed rate of return on original-cost rate base of 8.85 percent, including a 10.51 percent cost of common equity The Securities and Exchange Commission (SEC) last week charged Nicor Inc.'s former CEO, CFO and treasurer with committing financial fraud between 1999 and 2002

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Purchased Gas Adjustment Rates - IC

On March 25, 2009, the ICC issued an order approving an increase in Nicor Gas' base revenues of approximately $69 million, a rate of return on rate base of 7.58 percent and a rate of return on equity of 10.17 percent Key elements of joint filing include: No request for rate increase; Nicor Gas will continue to have the lowest rates of any major natural gas utility in Illinois and among the lowest in the entire.

True profile of the daily gas rate at the shale gas

Natural gas is the preferred heating element in many homes, giving your home heat, hot water and sometimes even electricity. If you find that you have low natural gas pressure in your home, it can lead to a lot of problems, ranging from not being able to keep the heat on to a potential gas leak Nicor gas is proud of the fact that its distribution rates are almost 40% lower than the average for all major utilities in Illinois. We also have consistently among the lowest gas costs

ICC Issues a Decision on Nicor Gas' Request for a General

Nicor, Inc. (NYSE:GAS)Q3 2008 Earnings CallNovember 3, 2008 9:30 am ETExecutivesRuss M Compare, Shop and Save on Illinois Electricity and Natural Gas Service by Comparing Illinois Electricity and Natural Gas Companies Side by Sid

Upcoming Suspension End Dates - IC

The Securities and Exchange Commission (SEC) Thursday filed a civil lawsuit against Nicor Inc.'s former CEO, CFO and treasurer alleging that they committed financial fraud between 1999 and 2002 The company did a good job controlling the dividend for the stock holders. It was a good investment. It is unfair for me to write anything else, because Nicor Gas had been purchased by AGL Resources out of Atlanta and I only worked there for about 1 1/2 years before retiring Nicor would merge with an AGL subsidiary in a deal with an enterprise value of $3.1 billion, including equity of $2.4 billion. The combined company have an enterprise value of $8.6 billion Nicor Gas serves nearly 2.2 million customers with its 2,100 employees. Its service territory encompasses most of the northern third of Illinois, excluding the city of Chicago, and has.

Illinois gas utility Nicor's $168 million rate hike will

On August 24, 2015, Southern Company and AGL Resources announced that they will combine to create a leading U.S. electric and gas utility company. On July 1, 2016, AGL Resources became a new wholly-owned subsidiary of Southern Company Welcome. Sign in to get the best natural gas news and data. Follow the topics you want and receive the daily emails

Gas flow rate conversion chart | Borrowed from the EsabGas Rate Heat Input Calculator by Claire HolmesEDGENatural gas rate hike would cost typical Utah user $50
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