Nicor Gas settles 2026 rate case; $82M revenue increase pending approval

SOUTHERN CO GAS

Stipulation signed Sept 8, 2026 with Illinois regulators and parties, subject to Illinois Commission approval.
Annual base rate revenues to increase ~$82M, with target effective date of Nov 16, 2026.
Settlement provides return on equity of 9.48% and equity ratio of 50.00%.
Nicor Gas to move to dismiss appeal of Nov 19, 2025 rate case decision if final order approved.
Illinois Commission expected to rule by Dec 7, 2026; terms may differ from stipulation.

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