Nicor Gas is Raising Your Rates

Officials approve $69 million hike

Wednesday, Mar 25, 2009  |  Updated 4:45 PM CDT
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Nicor Gas is Raising Your Rates

Tim Graham/Getty Images

Nicor customers, get ready to pay more for this little perk.

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The Illinois Commerce Commission has approved a $69 million rate hike for Nicor Inc., which distributes natural gas to more than 2 million northern Illinois customers.

That means about a $2 to $3 monthly increase for residential customers, an ICC spokeswoman said.

The Naperville-based company hasn't received copies of the approved documents, Nicor spokeswoman Annette Martinez said. Nicor officials have to review the material before determining the effect on rates.

The increase approved Wednesday was about half of the original $140 million the company requested last year. That would have meant gas rates for residential customers would have jumped 5 percent, or about $4.86 a month.

Nicor's request was criticized by many -- including the Citizens Utility Board, which opposes the increase.

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