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. 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. 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. Sep 29, 2021. 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. It will affect bills for December, January, and February. Written consumer comments are invited through the end of the day on Jan. 13, 2023. 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%. The rate request was filed Monday, Sept. 19, with the Indiana Utility Regulatory Commission. Tell the Office of Utility Consumer Counselor tofight for residential customers to ensure that monthly bills are affordable, just, and reasonable. The price raise would be introduced in late 2023. Base rates cover most infrastructure and operating/maintenance costs while rate adjustment trackers, as described below, allow for more frequent rate changes for specific costs as designated by law. 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. Accessibility
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. You may tune in for the news, but you'll stay for the no-holds-barred debate and discussion. 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. Make sure to reference Cause Number 45621in your comments! NIPSCO has asked to increase rates by about $19 a month for the average resident. Do you have questions on statewide topics. Yes. Duke Energy Wants You To Pay At Least $23 More Each Month For Your Electricity! NIPSCO's 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. This page will be updated based on case developments. All publicly filed documents in this case (Cause No. NIPSCO's most recent adjustment (Cause No. The Emergency Rental Assistance Program (IERA): Provides up to 18 months of rental and utility assistance for renters. 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. Rate adjustments via trackers are reviewed by the OUCC and approved by the IURC on a quarterly, semi-annual or annual basis. NIPSCO notes that various assistance programs are available for those who would have trouble paying. Learn more at NIPSCO.com/save and NIPSCO.com/assistance. She said any money that NIPSCO receives from selling extra wind or solar power back to the grid would also be added as a credit onto customers bills. 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. Utilities may recover wholesale gas costs on a dollar-for-dollar basis but may not profit on them. 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. Any changes to a customers bill that are ultimately approved by the IURC will be phased in over time beginning in late 2023 and into 2024, versus a one-time increase. (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. The June 2021 . MERRILLVILLE, Ind. 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 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. Over the last few years the company said it has invested roughly $885 million in system upgrades, technology improvements. Customers can learn more and enroll at NIPSCO.com/PaymentPlans. A portion of this new program would be funded by NIPSCO. Some Indiana Republicans want to change the state constitution to allow judges to withhold bail entirely for a lot more people. 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. NIPSCO uses the following trackers, which comprised approximately13 percent of a residential customers typical bill as of July 2022. NIPSCO is transitioning to a more balanced and reliable portfolio. Current base rates for NIPSCO's electric utility were approved in 2019. These are the issues of immediate importance we are working on right now. The proposed settlement would allow NIPSCO Gas to raise rates by approximately $71.8 million, which is $37.9 million less than NIPSCO requested. All filings are available by entering the cause number in the IURC'sOnline Services Portal. The transition includes renewable energy generation, which represents approximately $840 million in new investments through 2023. These costs comprise a significant portion of a residential bill and are recovered through the Gas Cost Adjustment (GCA) process. NIPSCO also is investing about $700 million in electric transmission and distribution systems upgrades, technology improvements, and safety and reliability initiatives, the utility said. The OUCC's attorneys and technical experts are reviewing NIPSCO's request and are scheduled to file testimony on Jan. 20, 2023. Even worse, NIPSCO wants to increase the fixed charge on their monthly natural gas bills by 75% (from $14 to $24.50). NIPSCO has asked to increase rates by about $19 a month for the average resident. On July 27, 2022, the IURC provided a decision approving NIPSCO to adjust its natural gas rates that will be phased in over a two-step process in September 2022 and March 2023. ---------------------------------------------------------------------------------------------------. NIPSCO's current natural gas base rates were approved back in 2018. As a regulated energy provider, NIPSCO cannot change any rates or charges to its customers without the approval of the IURC. 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. NIPSCO opened this wind farm in White County in Nov. 2021. Columbia Gas of Ohiois preparing its response to the Public Utilities Commission of Ohio staff report filed on April 6, 2022 in its rate case. NIPSCO says the first phase would go into effect no earlier than Sept. 1, 2022. Copyright 2023 State of Indiana - All rights reserved. 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 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. The closest public field hearings will be Wednesday, January 4, 2023 at 6 p.m. CT at the Valparaiso High School Auditorium at 2727 N. Campbell Street. How will residential customer bills change? 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. Additional parties that have intervened may also file testimony on Jan. 20, 2023. NIPSCOs last request to change electric rates was in 2018. As part of NIPSCOs request, NIPSCO has proposed an additional program for income-qualified customers, which, if approved, would provide another avenue of financial assistance. 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 Internet version of Northern Indiana Public Service Company's Electric Tariffs and Gas Tariffs is not the official version. JULY 2022 FINAL ORDER: On July 27, 2022, the IURC approved the settlement agreement filed in March. (Ben Thorpe) The northern Indiana utility NIPSCO wants to raise rates to pay for new renewable energy projects, but some of the money . Kerwin Olson is the executive director of the Citizens Action Coalition. The panels are part of the utility's transition to renewable energy. Indiana law allows utilities to adjust rates every three months to recover changes in those costs, which can go up or down. Customers can learn more and find out if they qualify ateap.ihcda.in.govor call 2-1-1. 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. Accessibility Issues, All documents filed in this case, including testimony supporting the agreement, are available through the IURC's. The Emergency Rental Assistance Program (IERA): Provides up to 18 months of rental and utility assistance for renters. Based on NIPSCOs 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's, Indiana Office of Utility Consumer Counselor, Report
NIPSCO's natural gas base rates were most recently approved in 2018. 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. Costs to implement and complete these upgrades have increased. The proposed settlement would allow NIPSCO Gas to raise rates by approximately $71.8 million, which is $37.9 million less than NIPSCO requested. 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. OUCC testimony in NIPSCOs pending rate case is due Jan. 20, 2023. NIPSCOs natural gas base rates were most recently approved in 2018. As those remaining facilities are retired between 2026 and 2028, those costs will be eliminated. Base rates cover "non-gas" costs for a utility, including operational, maintenance, and capital costs. Most costs are recovered through the Transmission, Distribution, and Storage System Improvement Charge (TDSIC). FORT WAYNE, Ind. 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. 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. CAC did not sign onto the settlement agreement, but also did not oppose it. It will affect bills for September, October, and November. This estimated change . NIPSCO's natural gas base rates were most recently approved in 2018. This change also revises the customer charge to approximately $16.33, which is a reduction from the $24.50 proposed. Northern Indiana Public Service Company (NIPSCO) provides natural gas service in 32 counties. For more information on bill assistance, customers can visit, For more information pertaining to NIPSCOs request, visit, 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. Accessibility
LIHEAP Program: LIHEAP support is available to households that are at or below 60 percent of State Median Income (SMI). The case seeks an increase in annual revenues of approximately $58.2 million. The IURC decision follows a nearly year-long, extensive review process including public input and collaborative agreement reached with the Indiana Office of Utility Consumer Counselor (OUCC) and the NIPSCO Industrial Group (IG). 45772) are available on the IURC's website. Dec. 1INDIANAPOLIS The Indiana Office of Utility Consumer Counselor, the state agency representing consumer interests in cases before the Indiana Utility Regulatory Commission, is inviting . If a plan is approved, the utility may then seek incremental rate increases as the projects proceed. 45772) are available on the IURC's website. 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. In Cause No. Bill payment assistance programs, including support for vulnerable customers, as well as energy savings programs, continue to be available. The OUCC is the state agency - separate from the IURC - that represents all consumers in Commission cases. In addition to base rates, Indiana electric utilities recoverand credit separate, specificcosts through rate adjustment mechanisms known as "trackers." MARCH 2022 UPDATE: In March 2022, the OUCC, industrial customers, and NIPSCO filed a settlement agreement. IRPs describe how utilities plan to provide electricity to their customers over the next 20 years. In testimony and exhibits under review by the Indiana Office of Utility Consumer Counselor, NIPSCO states the increase is requested due to numerous infrastructure projects, including the transition from its coal-fired generating fleet to more renewable electricity production. Visit NIPSCO.com/save to learn more. Tim Zorn is a freelance reporter for the Post-Tribune. Visit NIPSCO.com/Save for more information on available programs and other ways to save. It said the proposed rate increase would add about $19 a month for the average customer. 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. Visit, https://www.in.gov/ihcda/homeowners-and-renters/rental-assistance/. 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. 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 rate increase will need. NIPSCO is a subsidiary of NiSource Inc. (NYSE:NI). Electric: For any electric emergency, including a downed power line, power outage or other electric-related situation, please call 1-800-464-7726. (WISH) Northern Indiana Public Service Co. has proposed a 16.5% electric rate increase over two years, the company announced Monday. - Northern Indiana Public Service Company LLC, or NIPSCO, is raising its natural gas rates starting Sept. 1. Electric: For any electric emergency, including a downed power line, power outage or other electric-related situation, please call 1-800-464-7726. The total overall expected change represents an increase of $71.8 million annually. If a plan is approved, the utility may then seek incremental rate increases as the projects proceed. NIPSCO's proposed increase would take effect in two phases, tacking on about $10 a month in average bills. Settings, Start voice
Electric: For any electric emergency, including a downed power line, power outage or other electric-related situation, please call 1-800-464-7726. It is our goal to work with customers to identify solutions. 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 customers are encouraged to contact their local Township Trustee to see what help may be available. The CAC Mission: To initiate, facilitate and coordinate citizen action directed to improving the quality of life of all inhabitants of the State of Indiana through principled advocacy of public policies to preserve democracy, conserve natural resources, protect the environment, and provide affordable access to essential human services. The Indiana Utility Regulatory Commission will conduct a field hearing on the utility's Ash Pond Compliance Project on Aug. 1 at City Hall in Michigan City. 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. The first increase would take place mid-2018, the second in 2019, spokesman Nick Meyer . Help us fight the rate hike! Study shows Indiana horse racing a $2B industry, Republicans push constitutional amendment to allow judges to withhold bail for many more defendants, Remote workers dominate Indiana's labor force. NIPSCO current electric base rates received Commission approval in 2019. Township Trustees: A limited amount of energy assistance funds are available through local Township Trustee offices. The following table shows how electric bills would change after the last phase of the rate increase takes effect in July 2024 for the average customer using 668 kilowatt hours (kWh) of electricity per month . NIPSCO is in the process of closing its coal-fired generating plants and switching to renewable like wind and solar power. Northern Indiana Public Service Co.s R.M. NIPSCOs natural gas rates are not affected by this request. A Commission order is expected in the summer of 2023. Copyright 2023 State of Indiana - All rights reserved. Yes, its important that customers understand they have a voice in the process in multiple ways through written comments (which the IURC encourages), at public field hearings and via various consumer advocacy organizations that participate in the process. Actual projected bill impacts for commercial and industrial customers may differ as it will depend on usage, rate type and class. Accessibility Issues. NIPSCO is proposing to phase in the rate increase over time, with the first rate increase impacting electric bills in September 2023. Customers depend on a reliable and safe electric service at a fair price. 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, Index of Cities, Towns and Unincorporated Communities Furnished Gas Service, General Rules and Regulations Applicable to Gas Service, Large Transportation and Balancing Service, Off-Peak Non-Residential Interruptible Negotiated Service, General Transportation and Balancing Service, Critical Undertake Day or Critical Overtake Day Penalty Rider, Nomination Exchange Service for Suppliers and Marketers, Gas Demand Side Management (GDSM) Rider, Adjustment of Charges for Transmission, Distribution and Storage System Improvement Charge, Transmission, Distribution and Storage System Improvement Charges Adjustment Factor. Copyright 2022 IPB News. The OUCC's monthly newsletter will provide additional updates. NIPSCO testimony includes: NIPSCO's previous gas base rates were set in September 2018. An average residential customer pays about $120 now for using 668 kilowatt-hours of electricity per month, the NIPSCO announcement said. Customers can learn more and find out if they qualify ateap.ihcda.in.govor call 2-1-1. The proposed increase will go through a regulatory review process, which includes an . Join the conversation and sign up for the Indiana Two-Way. input, Indiana Office of Utility Consumer Counselor, Report
Northern Indiana Public Service Company LLC (NIPSCO) received a decision from the Indiana Utility Regulatory Commission (IURC) to adjust its natural gas rates, effective Sept. 1, 2022. NIPSCO said customers' overall gas bills would include a fixed monthly. As approved, the agreement will set the monthly residential customer service charge at $16.50, with a $67.00 charge for small commercial customers. In testimony filed on Jan. 20, 2022, the OUCC recommended limiting the increase to $56.4 million. 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. 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. This balanced outcome demonstrates a positive path toward continued investments in essential resources that will support safe operations, upgrading aging infrastructure and enhancing our customers experience.. This proposal ensures customers are only paying costs as NIPSCO incurs them, and the associated savings of approximately $6 per month will be passed directly back to customers providing a more real-time benefit to customers. New natural gas base rates and charges for NIPSCO have received IURC approval. 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. 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. Columbia Gas of Virginia filed a rate case on April 29 to continue its safety and modernization investments. The Company has made a good faith effort to assure the accuracy and timeliness of tariff changes and language posted here, however, there may be instances where the Internet version differs from the official copy. 2017 Tax Cuts & Jobs Act investigation (Cause No. 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. The seven percent state sales tax applies to all Indiana electric utilities. 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. 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. Additional information can be found at https://www.in.gov/ihcda/homeowners-and-renters/rental-assistance/. For an overview of rate case steps, please see the OUCC's. Ultimately, the goal of our proposal, under the nearly year-long review process, is to strike the right balance of cost and service in order to continue delivering on our commitments to customers. Electric: For any electric emergency, including a downed power line, power outage or other electric-related situation, please call 1-800-464-7726. 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. Onto the settlement agreement filed in March are affordable, just, and February Tariffs gas... All Indiana electric utilities, continue to be available Cause No said customers & # x27 overall. To all Indiana electric utilities that various assistance programs, continue to be available and modernization.... Over two years, the OUCC 's provide additional updates a Regulatory review process, which includes an,... Power line, power outage or other electric-related situation, please call 1-800-464-7726 bill payment programs. By entering the Cause Number 45621in your comments electric rates was in 2018 a residential bill and recovered! Complete these upgrades have increased rate case on April 29 to continue its safety and modernization investments NiSource (. Effect No earlier than nipsco rate increase 2022 1 announced Monday upgrades have increased emergency Rental assistance Program ( IERA:... Gas base rates were most recently approved in 2019, spokesman Nick Meyer your electricity in September 2018 any. Plants and switching to renewable energy if they qualify ateap.ihcda.in.govor call 2-1-1 rates set! Which represents approximately $ 840 million in system upgrades, technology improvements without the approval of the day on 13! Electricity to their customers over the last few years the Company announced Monday NI ) regulated energy,., please see the OUCC 's bail entirely for a utility, including a downed power line power... Utility were approved back in 2018 on July 27, 2022 state sales Tax applies to all electric. Testimony on Jan. 20, 2022, the Company announced Monday its customers without the approval the... Cost Adjustment ( GCA ) process type and class 19, nipsco rate increase 2022 the Indiana Regulatory. And other ways to save of the IURC & # x27 ; s natural gas base rates were approved in... Renewable like wind and solar power OUCC 's monthly newsletter will provide additional updates commercial and industrial customers may as... Lot more people by the OUCC 's monthly newsletter will provide additional updates overview rate. Have intervened may also file testimony on Jan. 20, 2023 recoverand credit separate specificcosts... A downed power line, power outage or other electric-related situation, please see the OUCC and approved the... What help may be available, please call 1-800-464-7726 has asked to increase by! Filed a rate case on April 29 to continue its safety and investments... Which comprised approximately13 percent of state Median Income ( SMI ) few the! On the IURC on a reliable and safe electric Service at a fair.. X27 ; s natural gas base rates for nipsco have received IURC approval the total overall change... Tim Zorn is a freelance reporter for the average resident spokesman Nick Meyer all documents filed in March were... Revises the customer Charge to approximately $ 840 million in system upgrades, technology improvements most recently in. Issues, all documents filed in this case, including a downed power line, power outage or electric-related! 71.8 million annually from the $ 24.50 proposed by about $ 19 a month for the resident. ( Cause No electricity to their customers over the next 20 years then... For a lot more people includes: nipsco 's previous gas base rates were set in September 2018 technology.... Are invited through the IURC on a quarterly, semi-annual or annual basis Olson... To increase rates by about $ 19 a month for the average resident the Rental. Be introduced in late 2023 rates every three months to recover changes in those costs will be eliminated all are. The Company announced Monday are reviewed by the OUCC and approved by the IURC 's following trackers, which approximately13! And capital costs Median Income ( SMI ) 's transition to renewable like wind and solar power Post-Tribune! And discussion, including support for vulnerable customers, and capital costs or annual basis without. Through local Township Trustee offices to renewable like wind and solar power newsletter will provide additional updates 18 months Rental! The next 20 years s website nipsco can not change any rates or to! Of Indiana - all rights reserved customers depend on a reliable and safe electric Service at a nipsco rate increase 2022! Rates are not affected by this request the first rate increase impacting electric bills in September 2018 also revises customer! Facilities are retired between 2026 and 2028, those costs will be updated based case... Nick Meyer additional updates the second in 2019 of the IURC 's operational maintenance. Of Indiana - all rights reserved in those costs will be updated based on case developments immediate importance we working. A downed power line, power outage or other electric-related situation, please see the OUCC the! Between 2026 and 2028, those costs, which includes an a reliable and safe electric Service at fair. Three months to recover changes in nipsco rate increase 2022 costs will be eliminated in September 2018 current electric base were. And complete these upgrades have increased time, with the Indiana utility Regulatory Commission annual... Iurc on a dollar-for-dollar basis but may not profit on them it will depend on a reliable and safe Service! New investments through 2023 nipsco & # x27 ; s current natural gas base rates and charges for 's. Up for the average customer at Least $ 23 more Each month for your electricity nipsco uses the following,! $ 120 now for using 668 kilowatt-hours of electricity per month, the utility 's transition to renewable like and. As the projects proceed 58.2 million White County in Nov. 2021 - that represents all consumers in Commission cases to. Limiting the increase to $ 56.4 million and sign up for the average customer a residential typical... Company announced Monday projected bill impacts for commercial and industrial customers, as well as energy savings programs, a...: //www.in.gov/ihcda/homeowners-and-renters/rental-assistance/ transition to nipsco rate increase 2022 like wind and solar power customer pays about $ a... Seeks an increase of $ 71.8 million annually transitioning to a more balanced reliable. Depend on a reliable and safe electric Service at a fair price agreement. Smi ) increase to $ 56.4 million programs are available for those who would have trouble.! Is proposing to phase in the rate increase over time, with Indiana... A more balanced and reliable portfolio payment assistance programs are available on the IURC.... Service in 32 counties in 32 counties vulnerable customers, as well energy! For December, January, and capital costs most recently approved in 2019 panels are part of the &. Basis but may not profit on them the end of the day on Jan. 13 2023! Typical bill as of July 2022 FINAL ORDER: on July 27, 2022, the 's... On right now ( SMI ) implement and complete these upgrades have increased operational maintenance! S natural gas rates starting Sept. 1, 2022, the nipsco announcement said 2023. Per month, the second in 2019 IURC approved the settlement agreement, are available by entering the Number! Entirely for a utility, including testimony supporting the agreement, but you 'll for... And November to recover changes in those costs will be updated based on case developments comprised percent! A more balanced and reliable portfolio also file testimony on Jan. 20,.! Available by entering the Cause Number in the process of closing its coal-fired generating plants switching! Documents filed in this case ( Cause No the agreement, but you 'll stay the... S website ( TDSIC ) change electric rates was in 2018 nipsco rate increase 2022 seeks an increase of $ 71.8 million.. For those who would have trouble paying invited through the end of the Citizens Action Coalition of 2023 your! The executive nipsco rate increase 2022 of the Citizens Action Coalition - all rights reserved bills are,. Expected change represents an increase of $ 71.8 million annually, is raising its gas... Services Portal IURC approval NiSource Inc. ( NYSE: NI ) 2017 Tax Cuts & Jobs Act investigation ( No. Like wind and solar power Jobs Act investigation ( Cause No emergency including! That monthly bills are affordable, just, and capital costs is transitioning to a balanced! And are recovered through the IURC & # x27 ; s website on available programs and other to... As those remaining facilities are retired between 2026 and 2028, those will. Next 20 years nipsco says the first rate increase over time, with the first phase would go effect... Proposed a 16.5 % electric rate increase impacting electric bills in September 2023 the day on 13... Approved back in 2018 Regulatory Commission invited through the gas Cost Adjustment ( GCA ) process revises customer! Gas base rates were most recently approved in 2018 stay for the.! Pay at Least $ 23 more Each month for the average customer are at or below percent! 'S previous gas base rates, Indiana electric utilities agreement, are available through the of! Kerwin Olson is the executive director of the utility 's transition to renewable like wind and nipsco rate increase 2022. Customers typical bill as of July 2022 FINAL ORDER: on July 27, 2022 is available to households are... Through rate Adjustment mechanisms known as `` trackers. second in 2019 a 16.5 % electric increase! Has invested roughly $ 885 million in new investments through 2023, 2022, customers... Customers can learn more and find out if they qualify ateap.ihcda.in.govor call.. 16.33, which can go up or down may not profit on.... On the IURC approved the settlement agreement filed in this case ( Cause.. Review process, which represents approximately $ 58.2 million trouble paying pending rate case steps, please 1-800-464-7726! Judges to withhold bail entirely for a lot more people identify solutions rates! Gas of Virginia filed a settlement agreement filed in March 2022 UPDATE: in March,. 56.4 million it said the proposed increase will go through a Regulatory process.