$402 million. That’s the price hike that Peoples Gas has circled. Chicago residents could see their monthly natural gas bills rise by an average of $11.83 starting next year if state regulators approve rate hikes totaling $402 million as requested Friday by Peoples Gas. Peoples is asking for permission to raise rates by $195 million while also merging an additional $207 million into delivery costs to offset a $15-per-month surcharge slated to expire at the end of the year.

The commerce commission has the rest of this year to decide on Peoples’ request, but that agency has a full docket of other rate hike requests covering most of the state.