How do energy rates get decided? And how can you save on energy costs this winter?
Energy costs are rising more than usual around the country this winter, and Illinois is no exception. Urbana residents will see their rates triple. Reginald Hardwick/IPM News
The oncoming winter might usually mean turning up the thermostat, turning on the lights sooner thanks to shorter days and staying in the hot shower water just a little longer, but with rising energy costs this year, people are changing how they use their power this winter.
To discuss how energy rates actually get calculated, how that affects your bills, and what you can do to keep bills lower, we were joined by the representatives of Citizens Utility Board Illinois and the U.S. Energy Information Administration.
GUESTS:
David Kolata
Executive Director, Citizens Utility Board Illinois
Chip Berry
Residential Energy Demand Team Lead, U.S. Energy Information Administration
Natural gas prices are soaring in the U.S. and around the world — and they're expected to keep climbing through the winter. Here's what's behind the spike and how it could impact you.https://t.co/I67N4OHOUS
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