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Citizens warns of higher home gas bills in January

 IBJ Staff
December 31, 2013
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Citizens Energy Group announced Tuesday that the typical January gas bill for residential customers in Marion County would rise about 7.2 percent over the same month this year.

The typical heating bill last January was $146.30, according to the utility. Next month, assuming normal temperatures, the bill will rise to $156.80.

Citizens is passing along to consumers the rising cost of natural gas. "[The rates] are not set by local utilities like Citizens Energy Group, but rather by the forces of supply and demand," Citizens said. "In accordance with state law, Citizens customers pay exactly what the utility pays for natural gas that is delivered to them."

Citizens is a not-for-profit, public charitable trust. However, it has taken heat in recent years for pay bumps for its top brass.

Citizens lost $81.3 million in fiscal 2013, and its CEO’s pay dropped by $1 million from the previous year, when his bonus-fueled compensation provoked questions from regulators.
 

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  • Price
    Pretty easy to google and see that the settlement for Jan 2013 was $3.354 vs Jan 2014 settle of $4.407. CONSPIRACY!!!!!!! Those crazy greedy capitalists!
  • What the BULL left behind
    Hmmm? Recent national headlines state that natural gas prices continue to decline due to overproduction from fracking. So, we're supposed to just accept that the price of NG has gone up? Not likely! It's well past high time to put a stop those kinds of lies by having an independent auditor completely examine Citizens book of accounts. It's become ever more clear over the years that, so called, NON-PROFIT COMPANIES are being run almost entirely FOR THE PROFIT of their officers. If the Officers of the Corporation are taking undue advantage of their positions to extract excessive remunerations, then they need to be replaced forthwith and charged with fraud.
    • Independence
      So much for fracking being the answer to our energy needs.
    • I don't believe it
      I do not believe one word of that Citizens propaganda is putting out. Every one of you is making a profit, and it is us, the consumer, who is getting nailed for it, while you are making handsome profits. At some point, we are all going to be tapped out. I certainly hope that we see solar energy and heating so that you fat cats stop getting richer while breaking the consumer's back. I do not understand why anyone wouldn't want independent or government supervision of your agencies because you are all liars.
    • Citizen's rip off
      I find Citizens Gas and Water to be a big rip off. These capitalists consolidated two huge utilities under one efficiently greedy management and water prices have sky rocketed as well as gas. Also they are not helpful or honest during safety inspections. I had too high gas prices and had them come out to look. He didn't even bring with him a gas sniffer, instead he had a big wrench. First thing he did was tighten my outdoor meter... Very convenient for the gas company not to carry sniffers around equipment they are responsible for. They are interested in making the most money by what ever means they can. That is their silent service pledge. I wonder how much their CEO makes?

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