SB 1665/HB 2414 will bring Illinois’ regulatory framework into the 21st century
Tuesday, Apr 16, 2013
[The following is a paid advertisement.]
Beneath Chicago’s streets lie gas mains that were put in place, in some cases, when horses and buggies were driving overhead. Since 1981, Peoples Gas has been replacing these outdated mains. So far, the utility has replaced about half of its 4,000 miles of old cast-iron and ductile mains with updated pipe.
While natural gas supplies are abundant and wholesale costs are low, we need to focus on investing in our natural gas distribution system by modernizing this aging gas infrastructure. In 2010 Peoples Gas developed a plan to accelerate the pace at which they upgrade their natural gas distribution network. Doing the work at a faster clip would save Illinoisans money in the long run. Why? Aging low-pressure mains require a higher level of risk management: more safety inspections, more leak repairs and more service outages. New polyethylene and steel pipes will reduce these risks, offer more reliable service, create new efficiencies in system operations and maintenance, and support modern, energy-efficient appliances that cannot operate on the low-pressure mains.
But the current regulatory framework discourages investment, as rate cases and appeals can take years and their outcomes are uncertain. The Natural Gas Modernization, Public Safety and Jobs Bill (SB 1665/HB 2414) will bring Illinois’ regulatory framework into the 21st century and will enable Peoples Gas to upgrade its natural gas infrastructure.
Members of the Illinois legislature: Vote YES on SB 1665/HB 2414. Click here to learn more: www.peoplesgasdelivery.com/legislation