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Illinois Officials OK $69M Gas Rate Hike For Nicor

Stock quotes in this article: GAS  

SOPHIA TAREEN

CHICAGO (AP) — The Illinois Commerce Commission approved a $69 million rate increase Wednesday for Nicor Inc. that officials said will add up to $3 to the average residential customer's monthly bill.

The approval means the average customer will see an approximately $2.50 increase on their bill starting in April, said Nicor spokeswoman Annette Martinez.

Some of Nicor's more than 2 million northern Illinois customers could see up to a $3 monthly increase, depending on usage and the season, ICC spokeswoman Beth Bosch said. ...

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