Peoples Gas claims rate change won\u0027t affect customers
-- One of the largest utility companies in Chicago wants to change the way it does business.
They didn't call it a hike, though. In fact, in plain English it says,"Customer bills not expected to increase as part of the filing.""Oh, I would say that Peoples Gas is being misleading," said Jim Chilsen, director of communications for theThe Citizens Utility Board, a watchdog group, called out Peoples Gas for not exactly being upfront about big changes headed to customers' bills.
That assumption is a forecast based on global trends, which show the cost of natural gas on the decline, According to Peoples Gas, that decline will offset monthly bills when delivery prices go up an estimated 16 percent as part of the proposed hike. Peoples Gas maintains that regardless of which direction the price of natural gas goes, the investment into infrastructure is necessary.Peoples Gas spokesman David Schwartz."We're not banking on it. We are sharing the best knowledgeable information - and it may not pan out. But even if it doesn't - this is a very worthy investment in a system from the 1800s."
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
SEA PEOPLES AND TRADING PEOPLES | HackerNoonNo doubt he ventured at first as a fisherman, having learnt the elements of seacraft in creeks and lagoons. - nonfiction history
Consulte Mais informação »
Peoples Gas files request to change rates for infrastructure projectsPeoples Gas filed a request with state lawmakers to change how it pays for infrastructure projects by changing gas rates.
Consulte Mais informação »
Peoples Gas seeks record $402 million rate hike next yearChicago residents could see their monthly natural gas bills rise by an average of $11.83 starting next year if state regulators approve rate hikes totaling $402 million as requested Friday by Peoples Gas.
Consulte Mais informação »
CenterPoint natural gas bills doubled since last year. Here's why.Like other gas providers across Texas, CenterPoint passed on to customers gas prices that...
Consulte Mais informação »