US EditionICC lifts pause on multibillion-dollar Peoples Gas pipeline project, orders utility to focus on high-risk pipes
- The Illinois Commerce Commission ordered Peoples Gas to focus on replacing the oldest and most at-risk gas pipes, with costs previously ballooning to nearly $13 billion.
- Peoples Gas must complete the replacement of high-risk pipes by 2035 as part of a new safety monitoring approach.
- Consumer advocates view the ICC's decision as positive for holding utilities accountable despite potential rate hikes, although they have criticized the ongoing program due to its rising costs.
- Peoples Gas reported that the ruling might lead to higher costs and more street disruptions as it will now emphasize the replacement of aging gas mains in the city.
10 Articles
10 Articles
The Pantagraph
State cracks down on Chicago gas utility as other utilities ask for rate increase
CHICAGO — State regulators on Thursday ordered Chicago’s natural gas utility, Peoples Gas, to abandon its approach to a long-beleaguered pipeline replacement program. Consumer advocates praised the decision, but the company said the decision could cost customers.
ICC lifts pause on multibillion-dollar Peoples Gas pipeline project, orders utility to focus on high-risk pipes
CHICAGO — The Illinois Commerce Commission has lifted a pause against Peoples Gas that will allow the utility company to go forward with its multibillion-dollar plan to replace underground natural gas pipelines throughout Chicago. Advocates are calling Thursday's ruling by the Illinois Commerce Commission (ICC) a “win,” saying the order will help curb potential rate increases on heating bills, but Peoples Gas claims the new order is the costlies…
Chicago Sun Times
State regulators clamp down on Peoples Gas pipeline replacement program
Regulators on Thursday pulled the reins on Peoples Gas and its maligned pipeline replacement program, subjecting the Chicago utility to yearly reviews of the massive project that has run a decade behind schedule and billions of dollars over budget.The decision from the Illinois Commerce Commission allows Peoples Gas to get back to the trenches replacing hundreds of miles of aging underground pipes that deliver natural gas to homes across the cit…
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