Nicor's rate increase request slashed nearly 47 percent by Illinois Commerce Commission

Nicor's rate increase request slashed nearly 47 percent by Illinois Commerce Commission

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ICC slashes Nicor, Ameren proposed gas rate hikes by over 40%

Article Summary The Illinois Commerce Commission approved a $168 million spending increase for Nicor Gas, 47% less than the $314 million it requested. The regulatory body also approved a $73 million increase for Ameren Illinois, 43% less than the nearly $129 million it requested.  The orders also terminated a pilot program and rejected a proposal for renewable natural gas and carbon offset programs that environmental advocates say brought quest…

ICC cuts Nicor rate hike by 47%

Company says remaining rate hike will increase bills less than 5%