Watchdog group seeks to cut more than $110 million from record Peoples Gas rate hike request
Thank you for supporting our journalism. This article is available exclusively for our subscribers, who help fund our work at the Chicago Tribune.David Kolata, of the Citizens Utility Board, answers questions from the Chicago Tribune Editorial Board in 2016.
The watchdog group also argued against bonuses for Peoples Gas executives tied to shareholder return. That would cut the proposed rate hike by another $9 million. While Peoples has legislative approval to automatically charge customers $15 per month to fund the pipeline program through December, CUB said customers currently pay about $50 per month in fixed costs — before using any gas — making it hard for a large number of Chicago residents to afford their heating bills.
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