Peoples Gas customers will see a refund of about $2 spread out over nine months because the Illinois Commerce Commission ruled Thursday that the utility must make $2.3 million worth of refunds.
A Peoples Gas spokeswoman disclosed on Friday the average monthly amount of the refund for customers.
Customers may see a higher rate in the future, however, because Peoples Gas must find new money to pay for pipeline and other infrastructure upgrades it is making throughout the Chicago area. Peoples Gas will submit a new rate plan by Aug. 1 that will seek to pay for the improvements, the spokeswoman said.
The ICC had initially approved Peoples' request in the form of a rider on customers' bills, but an appellate court judge ruled the rider illegal in October 2011.
On this week's Ask the Expert, Redfin real estate agent and local housing market expert Jenna Smith answered your questions about pre-financial crisis prices, a good time to buy and what "comps" are.
On this week's Ask the Expert, Redfin real estate agent and local housing market expert Jenna Smith answered your questions about pre-financial crisis prices, a good time to buy and what "comps" are.
Yahoo is buying online blogging forum Tumblr for $1.1 billion as CEO Marissa Mayer tries to rejuvenate an Internet icon that had fallen behind the times.
After falling woefully out of fashion, Yahoo wants to be cool again while catering to the capitalistic demands of its shareholders. That goal led CEO Marissa Mayer to make a $1.1 billion bet on online blogging forum Tumblr...
A Chicago startup wants to make finding your lost items easier, with a new website and mobile app called "crowdfynd." Co-founders Jay Sebben and Pinaki Saha explained how they're helping relieve your anxiety.
A Chicago startup wants to make finding your lost items easier, with a new website and mobile app called "crowdfynd." Co-founders Jay Sebben and Pinaki Saha explained how they're helping relieve your anxiety.
Sunday, May 19 2013 11:50 AM EDT2013-05-19 15:50:06 GMT
One number in Saturday night's Powerball drawing was the difference for a dozen Illinois players between being $10,000 richer and living the life of a multi-millionaire - whose ticket was purchased in Florida.
One number in Saturday night's Powerball drawing was the difference for a dozen Illinois players between being $10,000 richer and living the life of a multi-millionaire - whose ticket was purchased in Florida.
Friday, May 17 2013 2:26 PM EDT2013-05-17 18:26:00 GMT
The Powerball jackpot has jumped again! An incredible $600 million is up for grabs, and officials expect it will increase even more before Saturday night's drawing.
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The Powerball jackpot has jumped again! An incredible $600 million is up for grabs, and officials expect it will increase even more before Saturday night's drawing.
Chicago born designer Samantha Sleeper is making a triumphant return home this weekend, to showcase her latest collection in the Gold Coast at her very own pop-up shop.
Chicago born designer Samantha Sleeper is making a triumphant return home this weekend, to showcase her latest collection in the Gold Coast at her very own pop-up shop.
Thursday, May 16 2013 9:49 PM EDT2013-05-17 01:49:53 GMT
Mayor Emanuel will celebrate two years in office by unveiling "Elevate Chicago" on Thursday, a series of construction projects to improve Navy Pier and McCormick Place.
Mayor Emanuel will celebrate two years in office by unveiling "Elevate Chicago" on Thursday, a series of construction projects to improve Navy Pier and McCormick Place.
Thursday, May 16 2013 1:51 PM EDT2013-05-16 17:51:56 GMT
The Chicago Farmer's Market opened for business in Daley Plaza on Thursday, offering fresh fruit, vegetables, plants and flowers to anyone who stops by the downtown set-up.
The Chicago Farmer's Market opened for business in Daley Plaza on Thursday, offering fresh fruit, vegetables, plants and flowers to anyone who stops by the downtown set-up.
You can save thousands of dollars on your yard projects in just a couple of weekends, even if you haven't tried working on it before! FOX consumer reporter Steve Noviello shows you how.
You can save thousands of dollars on your yard projects in just a couple of weekends, even if you haven't tried working on it before! FOX consumer reporter Steve Noviello shows you how.
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