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flag Illinois regulators propose capping utility returns to lower gas rate hikes amid concerns over affordability and declining demand.

flag Illinois utility regulators are reviewing proposed natural gas rate hikes for Ameren and Nicor customers, with administrative law judges recommending a capped return on equity of 9.93%—lowering both companies’ requested increases. flag The changes would reduce proposed bill increases, citing excessive profit margins and high post-employment benefit costs. flag Consumer advocates warn that continued utility spending, despite declining gas demand due to climate goals, could make rates unaffordable. flag Final decisions by the Illinois Commerce Commission are due by November 24 for Nicor and December 1 for Ameren, as part of a broader review of the state’s natural gas future.

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