NICOR is spending $168 million; increasing your monthly bill.
Just as a chill returns, NICOR plans to increase your heating costs.
NICOR, the largest gas utility in Illinois, asked for $180 million which was reduced in a 3-2 vote by commissioners. Still, the increase is expected to raise every residential customer’s bill by over $3/ month.
This increase is on the distribution side of the bill for the delivery of gas through their pipes. The Illinois Customer Choice Program still offers consumers direct pricing from energy suppliers. Realgy publishes our price compared to NICOR every month; resulting in nearly 5% savings over the last 12 months which is typically between 4-8% monthly. This is about an $85 savings for an average residential customer.
Realgy Energy Services is a registered Retail Energy Marketer in the states of Illinois, Michigan, Indiana and Ohio. We offer Service Plans that will provide electric and natural gas at wholesale pricing direct to customers without any utility markup. Our Service Plans work with the local utility to provide seamless service and annual energy savings. Service Plans include Guaranteed SavingsTM, ManagedPriceTM, ManagedGreenTM Index, Fixed and PriceAssuranceTM.
Realgy owns and operates 7 solar plants in Illinois and is looking to invest in additional locations.
Additional Information: https://www.chicagobusiness.com/utilities/nicors-168-million-rate-hike-will-cost-typical-household-3-plus-month