Residents decry ‘audacity’ of proposed $402 million Peoples Gas rate hike

Dozens of people attending a public form for Peoples Gas rate increase proposal hold up signs critical of the rate increase, at UIC’s Dorin Forum, Tuesday, Aug. 1, 2023. (Tyler Pasciak LaRiviere/Sun-Times)

Residents and consumer advocates urged state regulators to reject a proposed $402 million rate hike sought by Peoples Gas.

The meeting Tuesday at UIC’s Dorin Forum, was organized by the Illinois Commerce Commission — the state panel that has until the end of the year to rule on the utility’s rate increase request.