If you heat your home with gas you may see a double-digit increase on your bills this winter.
People’s Gas, which delivers natural gas in Chicago, says from November through March consumers can expect to pay about $90 more to heat their homes. That is about a 13 percent increase.
The same is true for the 54 northern suburbs served by its sister utility, North Shore Gas.
Peoples Gas projects that the average cost to heat a home from November through March will total about $800, assuming a normal winter — compared with last winter’s five-month total of about $710.
The higher bills are the result of a rate hike approved last summer, along with higher wholesale prices for natural gas.
People’s Gas also says, “Part of the cost of the $56 million rate hike passed in June goes to investing $2.5 billion to upgrade the city’s aging infrastructure.”
Suburban customers of Nicor Gas are expected to see an increase of less than two percent. Nicor is operating under a three-year agreement with the state to freeze its delivery rates.