Davidson News

Davidson News

Utility Regulators Approve Reduced Peoples Gas Rate Hike Amid Controversy

Utility Regulators Approve Reduced Peoples Gas Rate Hike Amid Controversy

In a recent decision impacting Chicago residents, utility regulators have greenlit a modified rate increase for Peoples Gas, albeit significantly lower than the initially proposed amount. The Illinois Commerce Commission (ICC) unanimously agreed to slash the gas provider’s requested hike from nearly $8 million to $1.5 million. The move comes amidst heated debates surrounding the … Read more