Compared to other states, Illinois has a great infrastructure advantage in terms of natural gas. The state is home to several interstate natural gas pipelines and is also home to two significant natural gas market centers. Combined, Illinois’ energy infrastructure makes it an important crossroads for natural gas deliveries to the rest of the U.S. It also receives natural gas from Canada and the Gulf Coast. The average Illinois natural gas bill is $83 per month.
Illinois has several public utilities that provide Nicor natural gas. These utilities are regulated by the Illinois Commerce Commission and are responsible for delivering natural gas and providing service to customers. These companies own and maintain pipelines and power lines. They also have a responsibility to deliver electricity to customers. The Illinois Commerce Commission sets a default rate for natural gas supply. The rate is known as the Purchased Gas Adjustment (PGA). Each month, the utility files a new supply price.
Customers can choose an alternative energy provider. Currently, Illinois has 75 energy providers. However, not all providers have the same terms. Customers should read the terms of service to understand what they are paying for. Some suppliers have early termination fees. If you are considering an alternative energy provider, be sure to shop around.
Illinois is a deregulated energy market. This means customers can choose to purchase natural gas and electricity from several suppliers. The price is based on the supply price and the amount of gas used. There are also several fixed rate plans available. Customers can choose to sign a contract for three, six, or nine months. A contract can be cancelled within 10 days of enrolling. A new contract can be signed at a new price.
There are many reasons for the high gas supply prices in Illinois. Demand for natural gas is increasing across the country and this can increase prices. There are also extreme weather events that can affect prices. Illinois residents spend a substantial amount of money on air conditioning and heating. During the winter months, gas heating bills can be very high. However, during the summer months, gas prices are lower.
Unlike other states, Illinois does not produce natural gas. However, it does store more than one trillion cubic feet of natural gas. Illinois receives its natural gas from Canada, the Gulf Coast, and the Rockies Express Pipeline. Natural gas is then sent east to supply other states. During the summer months, natural gas use is much lower.
Historically, the only way for energy users in Illinois to purchase natural gas was to sign a contract with a utility company. However, in 2008, a number of suppliers entered the market. This allowed consumers to buy natural gas at competitive rates from private suppliers. Illinois is also home to several large storage fields. These facilities can help to reduce costs, especially when there is a high demand for gas.
There is a significant difference between the responsibilities of a public utility and an alternative energy provider. When choosing an energy provider, customers should check for company reviews and consider the terms of service.
