November 11, 2015
An expert in the Illinois Attorney General’s office determined that at a cost of $8 billion, Peoples Gas’ Accelerated Main Replacement Program would cost every Peoples residential heating customer an average of nearly $7,700 over the remaining life of the project. Peoples’ customers already pay some of the highest natural gas rates in the Midwest.
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Madigan Asks for Peoples Gas Investigation, Calls for Restructuring of its Costly Main Replacement Program
Ill. Attorney General Lisa Madigan announced on Monday that her office has filed two petitions with the Illinois Commerce Commission (ICC) in response to a shocking audit report that found Peoples Gas’ Accelerated Main Replacement Program (AMRP) could cost consumers an astronomical $8 billion, an estimate the company may have withheld from the ICC in attempting to secure approval of its recent merger with Wisconsin Energy Group.