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Like many goods and services we use every day, the price of natural gas has increased over the past year. From January through September 2022 wholesale natural gas prices more than doubled what they were compared to last year during the same time period according to the NYMEX Natural Gas Contract Settlement Price History.  Click here to learn more about why natural gas prices have increased.

Illinois Energy is one of the region’s premier alternative natural gas suppliers. We want to make sure you are equipped with the right tools to manage your natural gas budget before colder weather hits.

We recommend that customers consider our Guaranteed Bill Plan. The Guaranteed Bill plan guarantees you’ll pay a flat monthly bill amount for 12 months regardless of changes in gas prices or weather.* We also offer PriceGuard Plans that come in a variety of term lengths and help protect you from further increases in natural gas prices by locking in a fixed price per therm.* Click here to find the plan that best suits your needs.

Selecting the right price plan is an important part of protecting your budget this winter – but that’s not all you can do. Below are several additional tips to help reduce the impact of these rising costs.

How can I manage my natural gas costs?

  • Turn your thermostat down when you’re away or asleep. You can save as much as 10% a year on energy costs by turning your thermostat back 7-10 degrees for 8 hours a day. Many thermostats can even be programmed to automatically turn down the temperature during times you know you’ll be out of the house or asleep.
  • Ensure your heating system is operating efficiently. A clean system is an efficient system. Clean or replace furnace filters once a month or as recommended. Clean warm-air registers, baseboard heaters, and radiators as needed. Make sure your heating system isn’t blocked by furniture, carpeting or drapes.

Energy Assistance Options

If you are worried about paying your bill or missing a payment due to financial hardship, there are financial assistance options available to you. Please visit https://keepwarm.illinois.gov/ for a comprehensive list of energy assistance options.

Illinois Energy (IE) is not the same entity as your gas delivery company. You are not required to enroll with Illinois Energy. Beginning on 9/1/2022, the Nicor Gas gas supply cost rate is $1.24 per therm. The utility gas supply cost will expire on 9/30/2022. Beginning on 9/1/2022, the North Shore gas supply cost rate is $0.9265 per therm. The utility gas supply cost will expire on 9/30/2022. Beginning on 9/1/2022, the Peoples Gas gas supply cost rate is $1.0472 per therm. The utility gas supply cost will expire on 9/30/2022. For more information go to the Illinois Commerce Commission’s free website at www.icc.illinois.gov/ags/consumereducation.aspx.

*Enrollment eligibility is subject to Illinois Energy’s credit and payment policies, and other eligibility requirements. The PriceGuard and Guaranteed Bill plans are subject to their respective Illinois Energy terms and conditions of service, which can be found at www.illenergy.com. The PriceGuard Plan or Guaranteed Bill Plan may be higher than the price of traditional utility service at any time during the term of your agreement, but your price for natural gas will not change as you are guaranteed the PriceGuard price or Guaranteed Bill flat monthly price you’ve enrolled on for the contract term. There are no early termination charges associated with the PriceGuard Plan or Guaranteed Bill Plan. Illinois Energy does not currently have a qualifying Commission-approved guaranteed savings plan under which it can serve customers who have received financial assistance under the LIHEAP program in the previous 12 months or who currently are on PIPP.