Peoples Gas reducing November bills by $56 per customer


Peoples Gas reducing November bills by $56 per customer

Credits part of $255 million in overall bill reductions

CHICAGO — Peoples Gas is reducing each of its customers’ bills by $56 for the month of November. The reductions will automatically appear as bill credits on statements customers receive through Dec. 3. The bill credits are a result of a settlement Peoples Gas made earlier this year that resolved proceedings before the Illinois Commerce Commission (ICC) related to construction and uncollectible bill reconciliations.

“Every dollar customers save can make a meaningful difference, especially as the winter heating season begins,” says Maria Bocanegra, president of Peoples Gas and North Shore Gas. “These bill credits will help lower energy costs for families and businesses across our communities. We remain committed to providing safe, reliable service and pursuing opportunities that deliver value for the customers we serve.”

The exact amount of each bill credit is $56.18. That total savings will be reflected through reductions on two separate lines on customer bills. About half of the total credit will be on each line.

Customers will also receive a bill credit of approximately $42 in 2027 and another $42 credit in 2028. Together, the three years of credits total $125 million. Additionally, as part of the same ICC-approved agreement, Peoples Gas will lower its rates by removing $130 million of infrastructure costs over a period of years.

For Chicagoans having a tough time making ends meet, financial assistance programs are available, including local and federal grants, and permanent bill reductions of up to 83%. There also are programs for budget billing and extended payment plans, and free energy efficiency consulting to help customers reduce their energy use and, in turn, lower bills. Customers can find information about all these programs on the Peoples Gas website or by calling the company’s Customer Care team at 866-556-6001.

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