A Proposed Gas Rate Hike in Chicago Sparks Debate Amid Shift to Renewable Energy

By Aydali Campa

CHICAGO—The state of Illinois will decide by the end of this year whether to allow a natural gas utility in Chicago to raise its rate next year by $402 million. At a public hearing on Tuesday, leaders from the company, Peoples Gas, listened to comments from ratepayers about the proposition to increase rates to offset the cost of replacing corroding pipes across the city.