Peoples Gas customers will see a refund of $2.09 a month, on average, starting in July and continuing for nine months because the Illinois Commerce Commission ruled this week that the utility must make $2.3 million worth of refunds.
A Peoples Gas spokeswoman disclosed on Friday the average monthly amount of the refund for customers.
Customers may see a higher rate in the future, however, because Peoples Gas must find new money to pay for pipeline and other infrastructure upgrades it is making throughout the Chicago area. Peoples Gas will submit a new rate plan by Aug. 1 that will seek to pay for the improvements, the spokeswoman said.
appeals court ruled last year that the ICC should not have approved the charge.
If you are a Peoples Gas customer, you will see the refund in the form of a credit on your monthly bill starting next month through next March.
