Thursday, December 22, 2022 12:32:14 PM
WEC is one of the worst scams around. They own Peoples Gas, the oldest company in Chicago. Peoples Gas and the Illinois Commerce Commission have colluded to land Peoples Gas a super sweet deal disproportionately funded by the people in Chicago who use the least gas.
Even if you turn off all your gas appliances and use ZERO therms, you will still have to pay a minimum of $65 per month for NOTHING. Your bill will be summed up as a "customer charge" of over $35 and a qualified infrastructure plant charge of over $15. Then you have various other little charges and taxes...all before you've used a single therm. Then start actually using gas and watch your bill jump to $200 per month for running a single furnace and water heater. Even in July, with 100 degree days, it costs customers $75 per month to take cooler than room temperature showers just because you have an active account.
Peoples Gas and the ICC have struck this deal in an obvious effort to rob citizens for the benefit of a for-profit publicly traded company that could simply issue shares or find more investors if they needed to raise cash. Maybe they could even take out a loan from a bank(rolls eyes). They say they need funding for future construction, and they need the citizens of Chicago to provide that money in advance without getting paid back. "We're all in this together." They say.
Anyone with even the slightest arithmetic ability and integrity would have made any "fund raising charges" for "future projects" into a percentage based on gas usage, not a flat fee that disproportionately robs those who use the least gas. This deal will not last forever, as the pitch forks and torches are starting to come out. I personally know many people who are very very sick of being overcharged. WEC needs to give up the scam or they will lose much more than they've gained.
Even if you turn off all your gas appliances and use ZERO therms, you will still have to pay a minimum of $65 per month for NOTHING. Your bill will be summed up as a "customer charge" of over $35 and a qualified infrastructure plant charge of over $15. Then you have various other little charges and taxes...all before you've used a single therm. Then start actually using gas and watch your bill jump to $200 per month for running a single furnace and water heater. Even in July, with 100 degree days, it costs customers $75 per month to take cooler than room temperature showers just because you have an active account.
Peoples Gas and the ICC have struck this deal in an obvious effort to rob citizens for the benefit of a for-profit publicly traded company that could simply issue shares or find more investors if they needed to raise cash. Maybe they could even take out a loan from a bank(rolls eyes). They say they need funding for future construction, and they need the citizens of Chicago to provide that money in advance without getting paid back. "We're all in this together." They say.
Anyone with even the slightest arithmetic ability and integrity would have made any "fund raising charges" for "future projects" into a percentage based on gas usage, not a flat fee that disproportionately robs those who use the least gas. This deal will not last forever, as the pitch forks and torches are starting to come out. I personally know many people who are very very sick of being overcharged. WEC needs to give up the scam or they will lose much more than they've gained.
Recent WEC News
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/20/2026 06:44:28 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 05/19/2026 08:05:27 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/12/2026 05:12:36 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/11/2026 08:15:13 PM
- Lauber highlights exceptional year for WEC Energy Group • PR Newswire (US) • 05/07/2026 08:05:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/05/2026 11:26:14 AM
- WEC Energy Group reports first-quarter results • PR Newswire (US) • 05/05/2026 11:00:00 AM
- Form SCHEDULE 13G - Statement of Beneficial Ownership by Certain Investors • Edgar (US Regulatory) • 04/30/2026 06:38:27 PM
- WEC Energy Group to announce 2026 first-quarter results May 5 • PR Newswire (US) • 04/28/2026 04:00:00 PM
- Wisconsin Electric declares quarterly dividends • PR Newswire (US) • 04/16/2026 08:00:00 PM
- WEC Energy Group declares quarterly dividend • PR Newswire (US) • 04/16/2026 07:28:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 04/08/2026 08:20:05 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 04/08/2026 08:19:14 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 04/08/2026 08:18:11 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 04/02/2026 06:16:02 PM
- Form DEFA14A - Additional definitive proxy soliciting materials and Rule 14(a)(12) material • Edgar (US Regulatory) • 03/26/2026 12:22:34 PM
- Form DEF 14A - Other definitive proxy statements • Edgar (US Regulatory) • 03/26/2026 12:21:52 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/06/2026 05:51:55 PM
- Form PRE 14A - Other preliminary proxy statements • Edgar (US Regulatory) • 02/26/2026 05:06:45 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/26/2026 02:43:48 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/25/2026 06:32:41 PM
- Form 424B2 - Prospectus [Rule 424(b)(2)] • Edgar (US Regulatory) • 02/24/2026 10:02:04 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/24/2026 08:37:45 PM
