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Consumer advocates say customers should not be on the hook for ‘wasteful’ spending by the utilities
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The ICC approved a $73 million rate increase for the utility
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Environmental and consumer advocates applaud decision for promoting energy affordability
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Proposed regulatory decision cuts companies’ requests, but still recommends increasing bills
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The hearing is scheduled for the evening of Weds. Aug. 27.
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Price hike due to lack of energy supply comes alongside rocky transition to renewable power
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Gas utilities seek to increase rates by $7 to $10 per month next year.
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The decisions continue a shift at the Illinois Commerce Commission toward tighter regulation of utilities.
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With company profits cut, low-income customers are set to receive new discounts.
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A public hearing is July 19 in Decatur.