Report: Nicor Gas customers to receive refunds, rate adjustments due to improper charges ...Middle East

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Report: Nicor Gas customers to receive refunds, rate adjustments due to improper charges
A recent ruling from the Illinois Commerce Commission states that Nicor Gas improperly charged customers for $31 million in infrastructure spending in 2019, according to a report from Crain’s Chicago Business. The ruling initiates a process that will lead to refunds and rate adjustments, and orders the disallowance of around 7% of what Nicor spent in infrastructure costs in 2019, according to the report. The move from the ICC comes months after Nicor filed a request for a $321 million rate hike to take effect in 2024, citing the need “to meet the current and future demands of our 2.3 million customers for clean, safe, reliable and affordable natural gas service.” Regulators must ma

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