Peoples Gas Cuts November Bills by $56.18

A settlement with the Illinois Commerce Commission credits every Peoples Gas customer's November gas bill.

Updated on Nov. 10, 2026 in Utilities

Isometric editorial illustration of a bare steel gas pipe and meter across a flat prairie field, in muted oxblood, teal, and mustard tones. — Peoples Gas customers will see a $56.18 credit on their November natural gas bills under a settlement with the Illinois Commerce Commission. AI Illustration. Upload story photo >

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Peoples Gas customers will see a $56.18 credit on their November natural gas bills, the result of a settlement with the Illinois Commerce Commission reached in April. The credit is applied automatically and appears as reductions on two lines of each bill.

Why it matters

The settlement resolves costs tied to pipeline construction and replacement and Uncollectable Expense Adjustment riders from 2019 through 2023. The credit arrives as Peoples Gas separately proposes a $144 million rate increase to fund its lead pipe replacement project.

The settlement credits $56.18 to each customer's November bill and removes $10 million in infrastructure costs from rates. The proposed $144 million increase for lead pipe replacement remains before the Commission, which has not yet ruled on it.

The players

Peoples Gas

Peoples Gas is a natural gas utility serving customers in Chicago and surrounding areas of Illinois, and it is the company behind the bill credits and the proposed lead pipe replacement rate increase.

Illinois Commerce Commission

The Illinois Commerce Commission is the state agency that regulates utilities in Illinois, approved the settlement with Peoples Gas, and will rule on the proposed $144 million rate increase.

The details

Each Peoples Gas customer's November natural gas bill is credited $56.18 through a settlement with the Illinois Commerce Commission. The settlement also lowers rates by removing $10 million in infrastructure costs, while a separate $144 million rate increase request to pay for lead pipe replacement is pending.

April 2026: The settlement with the Illinois Commerce Commission was reached.
2019 through 2023: The Uncollectable Expense Adjustment riders covered by the settlement were in effect.
November 2026: The $56.18 credit is applied to customer gas bills.
2027: Customers receive a future bill credit of about $42.
2028: Customers receive a future bill credit of $2.

Market Landscape

The settlement reconciles Uncollectable Expense Adjustment riders Peoples Gas applied from 2019 through 2023, returning money collected under that period's recovery charges to customers. The new $144 million request moves in the opposite direction, asking customers to pay more to fund lead pipe replacement.

Customers will see the $56.18 credit automatically on their November natural gas bills, with smaller credits following in 2027 and 2028. Households should expect the proposed $144 million rate increase to affect future bills if the Commission approves it.

The takeaway

Watch the November bill for the $56.18 credit, and track the Illinois Commerce Commission's decision on the $144 million request, since it will determine whether bills rise again after this one-time relief.

What happens next

The Illinois Commerce Commission must rule on Peoples Gas's proposed $144 million rate increase, and the $42 credit is scheduled to reach customers in 2027.