Illinois Commerce Commission Issues a Decision on Nicor Gas' Request for a General Rate Increase
November 17, 2023
November 17, 2023
CHICAGO, Illinois, Nov. 17 -- The Illinois Commerce Commission issued the following news release on Nov. 16, 2023:
Today, the Illinois Commerce Commission (ICC) disallowed $96.99 million to Nicor Gas' rate request for its natural gas delivery services in Illinois. The decision is about 30.3 percent lower than Nicor's initial request for a $320 million increase and approves a 9.51 percent return on equity (ROE), a reduction from Nicor Gas' current 9.73 percent ROE and . . .
Today, the Illinois Commerce Commission (ICC) disallowed $96.99 million to Nicor Gas' rate request for its natural gas delivery services in Illinois. The decision is about 30.3 percent lower than Nicor's initial request for a $320 million increase and approves a 9.51 percent return on equity (ROE), a reduction from Nicor Gas' current 9.73 percent ROE and . . .