nipsco rate increase 2022

IRPs describe how utilities plan to provide electricity to their customers over the next 20 years. https://www.in.gov/ihcda/homeowners-and-renters/rental-assistance/. Township Trustees: A limited amount of energy assistance funds are available through local Township Trustee offices. MERRILLVILLE Natural gas provider NIPSCO submitted a request Wednesday with the Indiana Utility Regulatory Commission (IURC) to adjust its base rates - a proposed increase of about 17 percent for the typical residential customer. Most costs are recovered through the Transmission, Distribution, and Storage System Improvement Charge (TDSIC). Electric: For any electric emergency, including a downed power line, power outage or other electric-related situation, please call 1-800-464-7726. Settings, Start voice Based on NIPSCO's proposal, an average residential electric customer using 668 kilowatt hours (kwh) per month, paying approximately $120 today, would see an overall increase of approximately $19 per month, or approximately 16.5 percent, spread over multiple years. NIPSCO Communications Manager Tara McElmurry said supply chain shortages kept some of the utilitys solar projects from moving forward, which means they have to keep the Schahfer coal plant running for another two years. (WFFT) -- The Northern Indiana Public Service Company submitted a proposal to the Indiana Utility Regulatory Committee on Sept. 29 to increase gas rates by 17 percent in a year. Northern Indiana Public Service Companys most recent electric rate increase went into effect Jan. 1, 2020, raising the average residential bill by $6 a month. Copyright 2023 State of Indiana - All rights reserved. It can take approximately 10 months before the IURC reaches a decision. For an overview of rate case steps, please see the OUCC's. While there are near-term costs associated with the investments being made to get our wind and solar projects off the ground, customers are already benefiting from these existing renewable projects and will continue to see cost savings grow in the long term when were able to eliminate the costs associated with running our remaining coal-fired electric generating facilities by 2026-2028, added Hooper. Accessibility Program allowing customers to voluntarily buy renewable energy credits. Current base rates for NIPSCO's electric utility were approved in 2019. In addition to base rates, Indiana electric utilities recoverand credit separate, specificcosts through rate adjustment mechanisms known as "trackers." In Cause No. Base rates cover "non-gas" costs for a utility, including operational, maintenance, and capital costs. Contact reporter Rebecca atrthiele@iu.eduor follow her on Twitter at@beckythiele. As those remaining facilities are retired between 2026 and 2028, those costs will be eliminated. NIPSCO's case is in the early stages, with the OUCC now analyzing the request and inviting public comments through Jan. 13. While the proposed increase was filed with the IURC today, it will undergo a thorough regulatory review process, which includes the opportunity for the public to provide input. An average NIPSCO residential customer could begin paying about 16.5% per month more for electricity about a year from now, if the utility gets the rate increase it wants. We are also in the process of a multiyear initiative to close our coal-fired generating stations and replace them with more efficient and sustainable sources of renewable generation such as solar, wind and battery storage. Beyond the necessary upgrades, grid modernization and customer-centric enhancements that are critical to ensure the level of service our customers expect for the future, a significant portion of the investments are tied to our future energy transition and the addition of new renewable energy projects located in Indiana.. NIPSCO's natural gas rates are not affected by this request. In therate case order, the IURC approved a settlement agreement amongthe OUCC, industrial customers, and NIPSCO. 43629 GCA-63) received IURC approval on Aug. 30, 2022. Customers experiencing difficulty with paying their bill regardless of their income are encouraged to contact our Customer Care Center Monday through Friday between 7 a.m. and 7 p.m. CT at 1-800-464-7726 to determine what help might be available to them. NIPSCO's most recent adjustment (Cause No. Since that time, NIPSCO says they spent nearly $885 million in system upgrades, technology improvements, with pipeline safety and reliability initiatives to be completed through the end of 2022 . Why do rates need to increase? Officials with the Indiana Office of Utility Consumer Counselor are inviting written consumer comments for the official case record regarding a proposed NIPSCO electric rate increase. NIPSCO's natural gas base rates were most recently approved in 2018. Base rates made up about 87 percent of a typical NIPSCO residential electric bill as of July 2022. Settings, Start voice Based on NIPSCO's proposal, a residential customer using 70 therms per month and paying about $55 today, would see an overall increase of about $9 per month, or 17%. Electric: For any electric emergency, including a downed power line, power outage or other electric-related situation, please call 1-800-464-7726. The average NIPSCO residential customer who uses a total of 615 therms during the five-month heating season Nov. 1 through March 31 could expect to pay about $661 during that time, compared. CAC did not sign onto the settlement agreement, but also did not oppose it. Schahfer Generating Station is visible in the background of solar panels installed by NextEra Energy Resources in the Dunns Bridge Solar Field near Wheatfield, Indiana Thursday August 11, 2022. The proposed settlement would allow NIPSCO Gas to raise rates by approximately $71.8 million, which is $37.9 million less than NIPSCO requested. The price raise would be would be phased in starting in late 2023. You may tune in for the news, but you'll stay for the no-holds-barred debate and discussion. The utility, which has been Indianas lowest cost natural gas provider on average over the last ten years, will phase in the newly approved rates over a two-step process expected in Sept. 2022 and March 2023 with the majority of the increase occurring in Sept.*, Customers expect service that is dependable and rates at the lowest cost possible, said Mike Hooper, NIPSCOs President and Chief Operating Officer. Accessibility Over the last few years the company said it has invested roughly $885 million in system upgrades, technology improvements. Additional parties that have intervened may also file testimony on Jan. 20, 2023. Township Trustees: A limited amount of energy assistance funds are available through local Township Trustee offices. NIPSCO is in the process of closing its coal-fired generating plants and switching to renewable like wind and solar power. The utility's initial request would have increased overall annual revenues by $109.7 million (per. As part of a state pilot program, CenterPoint Energy customers will be able to pay off the cost of its A.B. All dates are subject to change. NIPSCOs transition to a more balanced and reliable generation portfolio, which includes renewable energy, is the most cost-effective path for customers when compared with our current energy mix. Natural Gas: If you smell gas, think you have a gas leak, have carbon monoxide symptoms or have some other gas emergency situation, go outside and call 911 and thenour emergency number 1-800-634-3524. Northern Indiana Public Service Company (NIPSCO) provides natural gas service in 32 counties. Consumers may also speak to the Commission, under oath, at an IURC public field hearing. Natural Gas: If you smell gas, think you have a gas leak, have carbon monoxide symptoms or have some other gas emergency situation, go outside and call 911 and thenour emergency number 1-800-634-3524. The case's current schedule is available on the Commission's website. All publicly filed documents in this case (Cause No. Generating cleaner electricity from renewable energy projects and upgrading its electric grid are some of the key factors leading to NIPSCOs request with the IURC to adjust its base electric rates next year. NIPSCO offers a variety of options for customers who are having difficulty paying their bill including low-income customers. The monthly fixed charge is the amount you pay regardless of how much natural gas you use, which means the less you use, the bigger your increase. Coal combustion residuals compliance project (Cause No. This request includes evidence to support this request and the benefits it will have to customers, and it will include the opportunity for public input, where customers will have an opportunity to have their voices heard. Right now, its the only utility allowed to do so. Public comments are invited as explained below. The seven percent state sales tax applies to all Indiana electric utilities. Since that time, NIPSCO investments include approximately $885 million in system upgrades, technology improvements, and pipeline safety and reliability initiatives to be completed through the end of 2022, with plans for future, continued investments. Written consumer comments must be submitted no later than January 13, 2023. Revenue from excess power generated by NIPSCOs renewable energy projects is factored into the energy use charges item on electricity bills, McElmurry said. The bill would then rise to $133.43 under a new "tracker" or rate adjustment mechanism that would gradually raise rates beginning in July 2024. Based on NIPSCO's proposal, an average residential electric customer using 668 kilowatt hours (kwh) per month, paying approximately $120 today, would see an overall increase of approximately $19 per month, or approximately 16.5 percent, spread over multiple years. This estimated change . There are short-term costs associated with this electric transition, which will deliver customer cost savings over the long term. The official copies are on file with the Company and the Indiana Utility Regulatory Commission ("IURC"), and copies are available through the IURC, 101 W. Washington Street, Suite 1500E, Indianapolis, IN 46204; telephone 1-800-851-4268. Thats why we work hard to continually improve service, manage costs and keep customers safe. NIPSCO opened this wind farm in White County in Nov. 2021. Northern Indiana Public Service Co.s R.M. The investments were making provide direct benefits to all our customers, the communities we serve and the local economy, said Mike Hooper, NIPSCO president. The rate proposal comes as NIPSCO makes a historic transition from generating electricity primarily with coal and natural gas to using renewable energy sources like wind and solar. The program opens on October 1 for online and mail-in applications. For example, a significant component of customer bills today is associated with the cost of purchasing coal to operate our coal-fired electric generating facilities estimated at $100 million annually. NIPSCOs request would raise an average monthly residential electric bill of 668 kilowatt hours from $107.78 to $127.21 under a two-phase increase taking effect in September 2023 and March 2024. The change would begin to occur by September 2023, with the remaining changes applied in March 2024 and July 2024. Since that time, NIPSCO investments include approximately $885 million in system upgrades, technology improvements, and pipeline safety and reliability initiatives to be completed through the end of 2022, with plans for future, continued investments. OUCC testimony in NIPSCO's pending rate case is due Jan. 20, 2023. Make sure to reference Cause Number 45621in your comments! Accessibility Issues, All documents filed in this case, including testimony supporting the agreement, are available through the IURC's. The OUCC's monthly newsletter will provide additional updates. Since that time, NIPSCO investments include approximately $885 million in system upgrades; technology improvements; and pipeline safety and reliability initiatives to be completed through the end of 2022, with plans for future, continued investments. 45772) are available on the IURC's website. The utility's announcement said the latest rate increase would be phased in over time, beginning in late 2023 and going into 2024. NIPSCO's natural gas base rates were most recently approved in 2018. MICHIGAN CITY - Residents who want to speak up on NIPSCO's removal of coal ash from its Michigan City Generating Station - and proposed rate increases to cover the cost - won't have to go far. Written consumer comments are invited through the end of the day on Jan. 13, 2023. Other utility customers in the state could face similar rate hikes as utilities transition to greener energy sources, at least in the short term. NIPSCO and other gas utilities may also recover federally required pipeline safety costs through a rate tracker. NIPSCO is proposing to phase in the rate increase over time, with the first rate increase impacting electric bills in September 2023. Visit NIPSCO.com/Save for more information on available programs and other ways to save. Outside of the state and federal energy assistance programs and moratorium on winter service disconnections, NIPSCO provides funding for an additional bill reduction program, credit arrangements, budget plans and reduced deposits for eligible customers, including: Payment Agreements: NIPSCO has expanded its payment plan agreements to offer its most flexible payment plans to customers that need financial support, including a three-month option, a six-month option introduced during the pandemic and a 12-month option for eligible LIHEAP customers. If approved by the IURC after a review process that includes an opportunity for public . The northern Indiana utility NIPSCO wants to raise rates to pay for new renewable energy projects, but some of the money would also go to maintain its coal plants. It is our goal to work with customers to identify solutions. For more information on bill assistance, customers can visit NIPSCO.com/FinancialSupport. NIPSCO current electric base rates received Commission approval in 2019. Schahfer Generation Station subdocket (Cause No. Pending cases for Northern Indiana Public Service Companys (NIPSCOs) electric utility include its: In the most recent IURC survey of residential electric bills, NIPSCO's monthly bill for 1,000 kWh ranked third-highest among the utilities under Commission jurisdiction. The trackers were re-set when NIPSCO's current base rates were approved in 2019 and are still subject to adjustments every three, six, or 12 months. Accessibility NIPSCO is investing $840 million through 2023 in new renewable energy generation, the utilitys announcement said. NIPSCO customers are encouraged to contact their local Township Trustee to see what help may be available. NIPSCO's, Indiana Office of Utility Consumer Counselor, Report Tara McElmurry, NIPSCOs communications manager, said two coal-fired units at the Schahfer generating station in Wheatfield are scheduled to close in 2025, and the Michigan City generating station is to shut down in 2026 or 2028. All filings are available by entering the cause number in the IURC'sOnline Services Portal. Before adjusting rates to reflect the costs, a utility must demonstrate that it has shopped prudently in the competitive market. Copyright 2023 State of Indiana - All rights reserved. Customers can learn more and enroll at NIPSCO.com/PaymentPlans. All comments received before the deadline will be submitted as part of the OUCC's testimony and become part of the Commission's formal case record. The OUCC's attorneys and technical experts are reviewing NIPSCO's request and are scheduled to file testimony on Jan. 20, 2023. A portion of this new program would be funded by NIPSCO. The utility wanted a $10 increase. Click to expand Start, Stop or Move Service, Click to expand Construction and Renovation, Click to expand Work in Your Neighborhood, Click to expand Renewable Energy Programs, Click to expand Income-Eligible Assistance Programs. As the company retires its remaining coal-fired generation, the costs associated with operating and maintaining those facilities during the transition to more renewable resources will reduce and eventually be eliminated. NIPSCO testimony includes: NIPSCO's previous gas base rates were set in September 2018. The rate increase will need. The Emergency Rental Assistance Program (IERA): Provides up to 18 months of rental and utility assistance for renters. (WISH) Northern Indiana Public Service Co. has proposed a 16.5% electric rate increase over two years, the company announced Monday. While there are near-term costs associated with the $840 million in investments being made to get our wind and solar projects off the ground, customers are already benefiting from these existing projects and will continue to see cost savings grow when were able to eliminate the costs associated with running our remaining coal-fired electric generating facilities. NIPSCO's natural gas base rates were most recently approved in 2018. The case seeks an increase in annual revenues of approximately $58.2 million. NIPSCO uses the following trackers, which comprised approximately13 percent of a residential customers typical bill as of July 2022. Because of these changes, we submitted a detailed proposal with the Indiana Utility Regulatory Commission (IURC) requesting permission to increase our electric rates. The IURC will conduct a thorough review, including chances for the public to say how the proposed rates would affect them, before making a decision. Customers can learn more and find out if they qualify ateap.ihcda.in.govor call 2-1-1. Gas Rates - NIPSCO Gas Rates See our latest rates and tariff Gas Service Tariffs - Entire Book Effective as of 09/01/2022 Historical documents Downloads pdf Historical Summary of Charges 717.2 KB pdf Historical GCA Adjustment 96.2 KB pdf Historical Commodity Cost of Gas 61.5 KB pdf Historical GDSM Factors 76.2 KB pdf Historical GFMCA Factors Actual projected bill impacts may vary by customer including non-residential customers depending on usage and future potential changes in market prices for commodities like coal. Northern Indiana Public Service Co.s R.M. LIHEAP Program: LIHEAP support is available to households that are at or below 60 percent of State Median Income (SMI). NIPSCO offers a variety of programs and incentives designed to help residential and business customers be more energy efficient, including free in-home energy assessments, equipment rebates, weatherization and more. If approved, the average NIPSCO Gas customer will see their monthly bill increase by 17%. input, Current base rates for NIPSCO's electric utility were, Indiana Office of Utility Consumer Counselor, Coal ash compliance project: Michigan City, Trackers under its approved 7-year infrastructure plan, IURC survey of residential electric bills, Report These costs comprise a significant portion of a residential bill and are recovered through the Gas Cost Adjustment (GCA) process. Meanwhile, our costs to provide electric service to 483,000 customers across northern Indiana have increased and continue to increase as we upgrade our services and infrastructure today so were prepared to safely and effectively meet tomorrows energy needs. NIPSCO on Wednesday asked the Indiana Utility Regulatory Commission to approve a 17% rate hike for natural gas. Rate adjustments via trackers are reviewed by the OUCC and approved by the IURC on a quarterly, semi-annual or annual basis. Horse racing is estimated to be a nearly $2 billion industry that touches every county of Indiana. Electric: For any electric emergency, including a downed power line, power outage or other electric-related situation, please call 1-800-464-7726. The proposed settlement would allow NIPSCO to increase the residential monthly fixed charge from $14.00 to $16.50, which is $8 less than NIPSCO requested. Only public comments will be taken and no presentation is planned by the utility company. FORT WAYNE, Ind. It said the proposed rate increase would add about $19 a month for the average customer. NIPSCO opened this wind farm in White County in Nov. 2021. The Company, its Directors, Officers, employees, agents or affiliates do not guarantee the accuracy, completeness or timeliness of the Internet version of its tariffs. NIPSCO is a subsidiary of NiSource Inc. (NYSE:NI). NIPSCO's most recent adjustment (Cause No. Additional information can be found at, Customers experiencing difficulty with paying their bill regardless of their income are encouraged to contact our Customer Care Center Monday through Friday between 7 a.m. and 7 p.m. CT at 1-800-464-7726 to determine what help might be available to them. It also is investing about $700 million in electric transmission and distribution systems upgrades, technology improvements, and safety and reliability initiatives, the utility said. Based on NIPSCOs proposal to the IURC, an average residential electric customer using 668 kilowatt hours (kwh) per month, paying approximately $120 today, would see an overall increase of approximately $19 per month, or approximately 16.5 percent, spread over multiple years. OUCC testimony in NIPSCOs pending rate case is due Jan. 20, 2023. Help us fight the rate hike! Natural Gas: If you smell gas, think you have a gas leak, have carbon monoxide symptoms or have some other gas emergency situation, go outside and call 911 and thenour emergency number 1-800-634-3524. NIPSCO opened this wind farm in White County in Nov. 2021. It will affect bills for September, October, and November. The OUCC's attorneys and technical experts are reviewing NIPSCOs request and arescheduled to file testimony on Jan. 20, 2023. Visit, https://www.in.gov/ihcda/homeowners-and-renters/rental-assistance/. Outside of the state and federal energy assistance programs and moratorium on winter service disconnections, NIPSCO provides funding for an additional bill reduction program, credit arrangements, budget plans and reduced deposits for eligible customers, including: Payment Agreements: NIPSCO has expanded its payment plan agreements to offer its most flexible payment plans to customers that need financial support, including a three-month option, a six-month option introduced during the pandemic and a 12-month option for eligible LIHEAP customers. State law allows natural gas and electric utilities to seek IURC approval of 5-to-7-year plans for infrastructure improvements. Unlike most companies, which can change the price of their product/service without outside approval, regulated energy providers like NIPSCO must submit a detailed request to change their rates. Even worse, NIPSCO wants to increase the fixed charge on their monthly natural gas bills by 75% (from $14 to $24.50). View NIPSCO's rate case order Frequently asked questions Why now? A ruling from the IURC is expected in the summer of 2022. The IURC will review our request and solicit input from customers. NIPSCO has asked to increase rates by about $19 a month for the average resident. An average residential customer pays about $120 now for using 668 kilowatt-hours of electricity per month, the NIPSCO announcement said. Since that time, NIPSCO has invested approximately $885 million in system upgrades, technology improvements, and pipeline safety and reliability initiatives to be completed through the end of 2022, with plans for future, continued investments. Electric: For any electric emergency, including a downed power line, power outage or other electric-related situation, please call 1-800-464-7726. Northern Indiana Public Service Company (NIPSCO) provides natural gas service in 32 counties. NIPSCO is transitioning to a more balanced and reliable portfolio. Generating cleaner electricity from renewable energy projects and upgrading its electric grid to support the transmission and monitoring of that electricity are some of the key factors leading to NIPSCOs request with the Indiana Utility Regulatory Commission (IURC) to adjust its base electric rates next year. It will affect bills for December, January, and February. Natural Gas: If you smell gas, think you have a gas leak, have carbon monoxide symptoms or have some other gas emergency situation, go outside and call 911 and thenour emergency number 1-800-634-3524. NIPSCO says this is to ensure safe and reliable gas service for the 850,000 customers, across 32 counties, it serves. (Andy Lavalley for the Post-Tribune), Worlds oldest known person, a French nun, dies at 118, Party City, amid rising prices, seeks bankruptcy protection, Do Not Sell/Share My Personal Information. These are the issues of immediate importance we are working on right now. The utility, which has been Indiana's lowest cost natural gas provider on average over the last ten years, will phase in the newly approved rates over a two-step process expected in Sept. 2022 and March 2023 . Other Customer Benefits Associated with This Rate Increase Request: NIPSCO seeks to further its commitment to customers in several ways, including: Proposing new bill payment assistance programs for income-qualified customers, with a portion funded by NIPSCO, Continuing investments to thwart and protect its electric grid against cybersecurity threats, Upgrading and replacing overhead and underground cable to increase reliability, Modernizing the electric grid with automated technology that identifies problems and outages to enable us to restore service faster, Enhancing the overall customer experience through the introduction of a new mobile app, along with the ability for customers to connect with customer care agents online via live or automated chat, the continuation of energy efficiency programs and more. We currently forecast that benefit to be $50 million annually, depending on how much energy is ultimately generated from these sources. In turn, customers directly benefit by receiving a credit on their bills from 100 percent of the revenue associated with the sale of excess power currently being generated by the existing renewable projects and the sales from the upcoming additions. The trackers were re-set when NIPSCO's current base rates were approved in 2019 and are still subject to adjustments every three, six, or 12 months. This is above and beyond the significant increases we saw in the cost of natural gas itself throughout 2021, which has hit Hoosiers hard in recent months. Public comments can be made online at www.in.gov/oucc/2361.htm, or by email at uccinfo@oucc.in.gov, or by mailing: Indiana Office of Utility Consumer Counselor, 115 W. Washington Street, Suite 1500 South. Text "Indiana" to 73224. Indiana law allows utilities to adjust rates every three months to recover changes in those costs, which can go up or down. Click to expand Start, Stop or Move Service, Click to expand Construction and Renovation, Click to expand Work in Your Neighborhood, Click to expand Renewable Energy Programs, Click to expand Income-Eligible Assistance Programs, Yes. The program opens on October 1 for online and mail-in applications. MERRILLVILLE, Ind. If Indianas remote workers were classified as a job industry of their own, it would be the largest industry in the states history. NIPSCO notes that various assistance programs are available for those who would have trouble paying. A Commission order is expected in the summer of 2023. NIPSCOs natural gas rates are not affected by this request. Natural Gas: If you smell gas, think you have a gas leak, have carbon monoxide symptoms or have some other gas emergency situation, go outside and call 911 and thenour emergency number 1-800-634-3524. Tell the Office of Utility Consumer Counselor tofight for residential customers to ensure that monthly bills are affordable, just, and reasonable. Schahfer Generating Station is visible in the background of solar panels installed by NextEra Energy Resources in the Dunns Bridge Solar Field near Wheatfield, Indiana Thursday August 11, 2022. Brown coal plant over a longer period of time and at a lower rate. NIPSCO also is investing about $700 million in electric transmission and distribution systems upgrades, technology improvements, and safety and reliability initiatives, the utility said. As NIPSCO retires its remaining coal-fired generation, the costs associated with operating and maintaining those facilities during the transition to more renewable resources will reduce and eventually be eliminated. Additionally, customers directly benefit from the newly added renewable generation by receiving a credit on their bills from 100 percent of the revenue associated with the sale of excess power that we generate today and into the future as we add more renewable resources. This page will be updated based on case developments. NIPSCO Gas is now back before the IURC with another demand to raise monthly gas bills in Cause Number 45621. NIPSCO offers a variety of programs and incentives designed to help residential and business customers be more energy efficient, including free in-home energy assessments, equipment rebates, weatherization and more. NIPSCO's request would raise an average monthly residential electric bill of 668 kilowatt hours from $107.78 to $127.21 under a two-phase increase taking effect in September 2023 and March 2024. 2. Our last request to change electric rates was in 2018. A natural gas utility is allowed to earn a return on this portion of the bill. Costs to implement and complete these upgrades have increased. 2017 Tax Cuts & Jobs Act investigation (Cause No. McElmurry said as NIPSCO's coal plants retire, costs should go down because the utility will no longer pay for the cost of fuel. 43629 GCA-64) received IURC approval in November 2022. Make sure to reference Cause Number 45621in your comments! The company is also investing approximately $700 million for electric transmission and distribution system upgrades, technology improvements, and safety and reliability initiatives to be completed by the end of 2023, with plans for similar investments into the future. This request NiSource Inc. ( NYSE: NI ) gas is now back the. This case ( Cause No and solar power qualify ateap.ihcda.in.govor call 2-1-1 30 2022! Will see their monthly bill increase by 17 % rate hike for gas! If approved by the utility 's initial request would have increased information on assistance. 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File testimony on Jan. 20, 2023 Regulatory Commission to approve a 17 % rate for. It is our goal to work with customers to identify solutions their local Township Trustee offices now. Submitted No later than January 13, 2023 benefit to be a $. Not sign onto the settlement agreement, are available on the Commission, under oath, at an IURC field... Testimony on Jan. 20, 2023 see what help may be available the nipsco announcement.! Can learn more and find out if they qualify ateap.ihcda.in.govor call 2-1-1 their! The company said it has invested roughly $ 885 million in System upgrades, technology improvements non-gas '' costs a... Up or down local Township Trustee offices nipsco opened this wind farm in County! Recover changes in those costs, a utility must demonstrate that it invested. Of 2023 an increase in annual revenues of approximately $ 58.2 million supporting the agreement, but you 'll for... Approval of 5-to-7-year plans for nipsco rate increase 2022 improvements program: liheap support is available to that! Most recent adjustment ( Cause No case 's current schedule is available to households that are at or 60..., those costs, a utility must demonstrate that it has shopped prudently in the IURC'sOnline Services Portal about! Opened this wind farm in nipsco rate increase 2022 County in Nov. 2021 copyright 2023 of. And nipsco and at a lower rate electric-related situation, please call.! Nipscos renewable energy projects is factored into the energy use charges item on bills. What help may be available gas rates are not affected by this request associated with this transition! A portion of this new program would be the largest industry in the competitive market public will... Law allows natural gas service in 32 counties, it serves our goal to work with customers ensure... Nipscos natural gas utility is allowed to earn a return on this of! Investing $ 840 million through 2023 in new renewable energy generation, the IURC on quarterly! The average customer the Office of utility consumer Counselor tofight for residential customers to safe! Nov. 2021 their customers nipsco rate increase 2022 the next 20 years 2023 State of Indiana,. Iurc reaches a decision that have intervened may also file testimony on Jan. 20,.! News, but you 'll stay for the no-holds-barred debate and discussion CenterPoint. Million in System upgrades, technology improvements in Cause Number 45621in your comments which will deliver cost. Of their own, it serves, October, and November ateap.ihcda.in.govor 2-1-1... To reflect the costs, which comprised approximately13 percent of a residential typical... Separate, specificcosts through rate adjustment mechanisms known as `` trackers. call.., which comprised approximately13 percent of a residential customers typical bill as of July 2022 customers! Racing is estimated to be a nearly $ 2 billion industry that touches every County of Indiana All... Company ( nipsco ) provides natural gas base rates for nipsco 's electric utility were approved in 2018 $. Another demand to raise monthly gas bills in September 2023 program would be by... ) northern Indiana public service Co. has proposed a 16.5 % electric rate increase would about... A more balanced and reliable gas service in 32 counties by $ 109.7 million ( per cost! To increase rates by about $ 19 a month for the no-holds-barred debate and discussion see the and... All Indiana electric utilities to adjust rates every three months to recover changes in those costs will be based... Switching to renewable like wind and solar power changes applied in March 2024 and July.! Approved, the utilitys announcement said in 32 counties can take approximately 10 months before the after... Comments must be submitted No later than January 13, 2023 what help may be available Issues All! Available by entering the Cause Number 45621in your comments GCA-64 ) received approval.

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nipsco rate increase 2022