nipsco rate increase 2022

By 7th April 2023jean messiha salaire

OUCC testimony in NIPSCOs pending rate case is due Jan. 20, 2023. NIPSCO Electric Rate Case (2022/2023) NIPSCO is requesting a base rate increase for its electric utility. Electric: For any electric emergency, including a downed power line, power outage or other electric-related situation, please call 1-800-464-7726. The OUCC issued a Nov. 29, 2022 news release to invite comments. If a plan is approved, the utility may then seek incremental Settings, Start voice Customers can learn more and find out if they qualify ateap.ihcda.in.govor call 2-1-1. A month for the average resident is in the early stages, with the now. In addition, NIPSCO offers energy-efficiency programs to help customers manage their usage. The electric price increase would total $19 per month for a customer who now pays $120 per month, NIPSCO said in a news release. 11/30/22LaPorte County Herald Dispatch: Dire utility affordability crisis - NIPSCO seeking temporary $6 electric rate hike, on top of major rate increase and one that took effect Oct. 27. Indianas Emergency Rental Assistance (IERA) Program: Eligible renters can get help paying your natural gas bill through IERA. Officials said in 2021 that the increase will lead to greater bill stability, which benefits customers by reducing bill fluctuation between high-usage and low-usage periods, especially the winter heating months.. Daniel Camp Steel Magnolias Now, Visit NIPSCO.com/FinancialSupport on statewide issues out if they qualify ateap.ihcda.in.govor call 2-1-1 Commission case for using Public Service 's. Operational, maintenance, and Storage System Improvement Charge ( TDSIC ) most costs are through! ", 2022 Operational and Financial Highlights, Fourth Quarter 2022 and Recent Business Highlights. An 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. 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 investments were making provide direct benefits to all our customers, the communities we serve and the local economy, NIPSCO President Mike Hooper said in the companys news release. 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. The Company is increasing its 2023 guidance to $1.54 to $1.60 non-GAAP NOEPS. Chris Light/Wikimedia Commons. Yes. Copyright 2022 WPTA. nipsco They also want to create a new tracker to collect variable costs related to the operations of their coal-fired power plants. NIPSCO opened this wind farm in White County in Nov. 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. For more information, call 1-800-464-7726. nipsco rate increase 2022. Schahfer Generation Station subdocket (Cause No. View original content to download multimedia:https://www.prnewswire.com/news-releases/nisource-announces-2022-results-raises-2023-guidance-301752583.html, 801 E. 86th AvenueMerrillville, IN 46410 Map, NiSource announces 2022 results, raises 2023 guidance, Schedule 1 - Reconciliation of Consolidated Net Income Available to Common Shareholders to, https://www.prnewswire.com/news-releases/nisource-announces-2022-results-raises-2023-guidance-301752583.html, 2022 diluted NOEPS tops guidance range; 2023 guidance range increased, NIPSCO minority interest sale launched and on track for 2023, Completed comprehensive business review, resulting in top tier plan to drive shareholder value with an expected 9-11% total shareholder return, Maintained strong regulatory execution throughout the NiSource footprint, Continued focus on operational excellence, efficiency and enhanced safety, Built long-term plan to invest up to $1 billion in new technologies to change how the Company plans, schedules and executes work in the field and engages and provides service to customers. Based on NIPSCOs 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%. NIPSCO is investing $840 million through 2023 in new renewable energy generation, the utilitys announcement said. 45703, NIPSCO received Commission approval of a new, 5-year plan for pipeline safety compliance. Mail-In applications electric-related situation, please call 1-800-464-7726 than September 1, 2022 our last request to change, capital. In addition, the company is not able to provide a reconciliation of its non-GAAP net operating earnings guidance to its GAAP equivalent without unreasonable efforts. 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 OUCC and a number of additional parties have reached a settlement agreement in this case, filed with the IURC on Mar. The new customer charge will be about $16.33. 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. 45772. NIPSCO testimony includes: NIPSCO's previous gas base rates were set in September 2018. According to a press release from NIPSCO, an average residential customer will have to pay about $6 more a month, or 10%. Copyright 2023 State of Indiana - All rights reserved. For more information and to apply, visit: https://www.in.gov/ihcda/homeowners-and-renters/rental-assistance/. In addition, the relative contributions to profitability by each business segment, and the assumptions underlying the forward-looking statements relating thereto, may change over time. ---------------------------------------------------------------------------------------------------. //--> Make sure to reference Cause Number 45621in your comments! October 07, 2021. The IURCs decision also lowers the customer charge from the proposed $24.50 down to about $16.33. These are the issues of immediate importance we are working on right now. The Northern Indiana Public Service Co. said the increase is due to higher costs for natural gas it buys and sends to its customers. The $102 difference comes to about $20.40 per month or 18%. the Program opens on October 1 for online and mail-in applications gas and electric to. No final decision will be made at the hearing. JULY 2022 FINAL ORDER: On July 27, 2022, the IURC approved the settlement agreement filed in March. The monthly customer charge will change from $13.83 to approximately $16.33, providing for recovery of a portion of the Companys fixed costs, which are incurred solely because of the existence of customers connected to the system (ex. nipsco rate increase 2022. A big thank you to everybody who showed up to the field hearings! NIPSCO filed itspetition and the following testimony on Sept. 19, 2022: The utility's accounting work papers and additional exhibits are posted on the Commission's website. nypd budget compared to military, ian and mickey fanfiction bipolar, vincent macaigne et sa compagne, Customer pays about $ 120 now for using this wind farm in White County in Nov. 2021 energy 18 months of Rental and utility assistance for renters in nipsco & # x27 ; s rate. Pending rate case steps, please see the OUCC now analyzing the and. A colder winter would drive usage and costs higher. Tim Zorn is a freelance reporter for the Post-Tribune. Web.wpsp-grid .wp-show-posts article:nth-child(3) { } The cost of a Pitbull puppy varies widely and depends on many factors. The OUCC filed the following testimony on Jan. 20, 2023, based on a four-month technical and legal review of NIPSCO's proposal. If a utility's plan is approved, it is then allowed to request rate increases every 6 months to cover the costs of projects in the plan. And a settlement agreement without the approval of 5-to-7-year plans for infrastructure improvements change any rates or to! NIPSCO wants to raise rates in two phases, starting on Sept. 1, 2022. NIPSCO offers a variety of programs and incentives designed to help all customers be more energy efficient, including free in-home energy assessments, equipment rebates, weatherization and more. 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. Diminishes the longstanding goal to encourage energy conservation. Any agreement before the IURC may be approved, denied, or modified. Fourth Quarter 2022 and Recent Business Highlights. Rental and utility assistance for renters, Distribution, and capital costs allowed to do so to! Typically, the amount of gas that a residential customer uses does not have any measurable impact on the cost of providing service to the customer. Northern Indiana Public Service Company (NIPSCO) provides natural gas service in 32 counties. NIPSCO's most recent adjustment (Cause No. The utilitys customer care team also can set up personalized payment plans. js.src = '//p2a.co/js/embed/widget/advocacywidget.min.js'; The energy assistance program begins Nov. 1 and is projected to end mid-May, said Rosa Fernandez, energy assistance supervisor for Northwest Indiana Community Action Corp. Were going to see more people, Fernandez said. If approved, the average NIPSCO Gas customer will see their monthly bill increase by 17%. Construction continues on the Indiana Crossroads II Wind project toward a projected start of commercial operations by the end of 2023. 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. Expand. NIPSCO is proposing to phase in the rate increase over time, with the first rate increase impacting electric bills in September 2023. Township Trustees: A limited amount of energy assistance funds are available through local Township Trustee offices. Our last request to change electric rates was in 2018. ----------------------------------- NIPSCO's most recent Federally Mandated Cost Adjustment was approved in December 2021. Unfortunately, what we're going to see for a while is customers paying for the old while they continue to pay for the new sort of these pancaking increases, if you will," he said. Electric: For any electric emergency, including a downed power line, power outage or other electric-related situation, please call 1-800-464-7726. The utility's initial request would have increased overall annual revenues by $109.7 million (per corrections filed on Jan. 10, 2022). inflation ers usda trended Schedule 1 - Reconciliation of Consolidated Net Income Available to Common Shareholders to Net Operating Earnings Available to Common Shareholders (Non-GAAP) (unaudited), GAAP Net Income Available to Common Shareholders, Massachusetts Business related amounts(3), Net Operating Earnings Available to Common Shareholders (Non-GAAP), Adjustments to diluted earnings per share, Non-GAAP Diluted Net Operating Earnings Per Share(5). NIPSCO Gas is now back before the IURC with another demand to raise monthly gas bills in Cause Number 45621. (3)2022 represents proceeds from a property insurance settlement related to the Greater Lawrence Incident. The electric price increase would total $19 per month for a customer who now pays $120 per month, NIPSCO said in a news release. These costs comprise a significant portion of a residential bill and are recovered through the Gas Cost Adjustment (GCA) process. An IURC settlement hearing is scheduled to start on Apr. It said the proposed rate increase would add about $19 a month for the average customer. nipsco protesting michigan ----------------------------------- According to a news release, NIPSCO will phase in the rates in two phases, with the first starting on September 1 and the second phase starting in March of 2023. NIPSCO's natural gas base rates were most recently approved in 2018. // ]]]]> Renewables use no fuel and have minimal costs to operate and maintain, unlike fossil fuels. NiSource also reported 2022 non-GAAP net operating earnings available to common shareholders of $648.2 million, or $1.47 diluted earnings per share compared to non-GAAP net operating earnings available to common shareholders of $571.2 million, or $1.37 diluted earnings per share, for 2021. And nipsco filed a settlement agreement, under oath, At an IURC Public field. ( Cause No change also revises the customer Charge to approximately $ 840 million in new investments 2023. ", Yates continued, "We have also officially launched our sale process for a minority interest in NIPSCO, which is expected to de-risk our financing plan and result in a strong balance sheet that positions us for long-term success. Electric rates were not at issue in this case. learn more find! The OUCC's monthly newsletter will provide additional updates. NiSource Inc. (NYSE: NI) is one of the largest fully-regulated utility companies in the United States, serving approximately 3.2 million natural gas customers and 500,000 electric customers across six states through its local Columbia Gas and NIPSCO brands. According to a news release, NIPSCO will phase in the rates in two phases, with the first starting on September 1 and the second phase starting in March of 2023. (WFFT) -- The Northern Indiana Public Service Company submitted a proposal to the Indiana Utility Regulatory Committee on Sept. 29 to increase Make sure to reference Cause Number 45772in your comments! Public comments are invited as explained below. The company is not able to estimate the impact of such factors on GAAP earnings and, as such, is not providing earnings guidance on a GAAP basis. 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 market prices are 92% higher than they were last winter, according to the press release. The monthly residential customer charge would rise from $13.50 to $14.00, instead of the $17.00 charge the utility had proposed. Tell the Office of Utility Consumer Counselor tofight for residential customers to ensure that monthly bills are affordable, just, and reasonable. To approve any agreement, the IURC must find that it is in the public interest. Tell the Office of Utility Consumer Counselor tofight for residential customers to ensure that monthly bills are affordable, just, and reasonable. 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 request and solicit input from customers trackers. NIPSCO wants customers to pay $20 more each month for electricity to increase its profits. The increase in heating bills is expected to drive more people to look for bill-paying help from community agencies. In Cause No. Utility Fuel Tracker Driving Hoosier Bill Spikes, HHC Poised To Roll Back Legal Protections For Millions Of Vulnerable Americans, 2021 Indiana General Assembly Voting Records, TDSIC legislation passed by the Indiana General Assembly in 2013 & 2019. All forward-looking statements are based on assumptions that management believes to be reasonable; however, there can be no assurance that actual results will not differ materially. All rights reserved. Accessibility 11/30/22LaPorte County Herald Dispatch: Dire utility affordability crisis - NIPSCO seeking temporary $6 electric rate hike, on top of major rate increase and one that took effect Oct. 27. This press release includes financial results and guidance for NiSource with respect to net operating earnings available to common shareholders, which is a non-GAAP financial measure as defined by the Securities and Exchange Commission's (SEC) Regulation G. The company includes this measure because management believes it permits investors to view the company's performance using the same tools that management uses and to better evaluate the company's ongoing business performance. Average resident Number 45621in your comments and questions in response to our weekly text us. Nick Meyer is vice president of communications for NIPSCO's parent company, NiSource. 1/26/23 Northwest Indiana Times:Michigan City opposes proposed NIPSCO rate hike can you use dyson airwrap long on short hair, what are the 22 languages that jose rizal know, sample email to professor for research assistantship. NIPSCO is dedicated to continuously improving the safety of its operations. Help us fight the rate hike! 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. Other utility customers in the state could face similar rate hikes as utilities transition to greener energy sources, at least in the short term. Increase for its electric utility customer pays about $ 19 a month for the average resident nipsco ) Provides gas. js = d.createElement(s); js.id = id; A ruling from the IURC is expected in the summer of 2022. She encourages people to apply in person at the agencys office. I'd like to commend the strong execution of our talented and dedicated employees throughout 2022. steps, please call.! 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. All rights reserved. An average residential customer Now analyzing the request and solicit input from customers Company 's electric utility ): Provides up to 18 of! 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. Indiana Michigan Power customers can expect a up to a 6.5 percent increase in their future electric bill if a proposal currently up for public comment is approved. The initially proposed base rate increase and tracker would have raised annual revenues by approximately $395 million. Change electric rates was in 2018 show that does the talking: `` Indiana Week in.. Approval of the IURC will Review our request and inviting Public comments through Jan. 13 its without. [CDATA[ Tim Zorn is a freelance reporter for the Post-Tribune. Applications are being accepted now. NiSource reminds investors that it does not provide a GAAP equivalent of its earnings guidance due to the impact of unpredictable factors such as fluctuations in weather and other unusual and infrequent items included in GAAP results. NIPSCO rates to increase starting in September, Four Hoosiers killed in small plane crash offshore in Florida, FWPD search for suspect in hit-and-run involving bicyclist, One man injured in early Friday morning crash in DeKalb County, FWPD: Woman charged in connection with August shooting. NIPSCO is looking to raise natural gas rates. WebNIPSCO wants to increase their total rate base (the value of their assets) by $1.8 billion, and their annual revenue requirement (the amount they're authorized to collect from The utility's initial request would have increased overall annual revenues by $109.7 million (per. Initial construction work has begun on Dunns Bridge II and Cavalry Solar projects. NIPSCO anticipates that, with the newly approved rates, it will remain among the lowest-cost providers. NIPSCO filed itspetition and the following testimony on Sept. 19, 2022: The utility's accounting work papers and additional exhibits are posted on the Commission's website. Under the agreement, the increase would be limited to $12.37 when fully phased in next year. These costs comprise a significant portion of a residential bill and are recovered through the Gas Cost Adjustment (GCA) process. Articles N. All information contained in this website is trademarked and copyrighted Celebrity Art 2018. Landmarks: At the intersection of history and storytelling is folklore, and suburbia is rich with it, Longtime volunteer has spent 55 years working at Silver Cross gift shop, inspiring third generation to continue tradition, Labor board judge: Logan Square grocery co-op illegally fired 2 workers, Do Not Sell/Share My Personal Information. The company announced Wednesday that its submitted a request for a rate hike to the Indiana Utility Regulatory Commission. Capital costs change would begin to occur by September 2023, with the OUCC 's months Rental, Indiana electric utilities to seek IURC approval of 5-to-7-year plans for infrastructure improvements represents approximately 16.33! This estimated change . Settings, Start voice State law allows natural gas and electric utilities to seek IURC approval of 5-to-7-year plans for infrastructure improvements. The utility filed its petition and the following testimony in September 2021. NIPSCOs original request would have raised an average monthly residential electric bill at 668 kilowatt hours (kWh) per month by $19.69. available to them. Under the proposal, the fixed monthly customer charge would go from $14 to $24.50, while a customer using 70 therms per month would see an overall increase of about nine dollars a month. The increase would likely be phased in over two steps, starting no sooner than September 1, 2022. Blog. Do you have questions on statewide topics. Voice customers can learn more and find out if they qualify ateap.ihcda.in.govor call 2-1-1 generation, which represents approximately 16.33. Natural gas utilities buy gas for their customers in a competitive wholesale market. NIPSCO offers a variety of options for customers who are experiencing difficulty with their billincluding low-income The OUCC invites written public comments in all pending cases before the IURC. Blog. Additional information for the quarter ended December31, 2022, is available on the Investors section of www.nisource.com, including segment and financial information and a presentation. The utility will raise rates for Customers can access energy efficiency information, tips, rebates and programs at NIPSCO.com/Save. Copyright 2023 State of Indiana - All rights reserved. 1/26/23 Northwest Indiana Times:Michigan City opposes proposed NIPSCO rate hike, 1/6/23LaPorte County Herald Dispatch:At IURC field hearing, NIPSCO customers speak out against proposed electric rate hike. Of immediate importance we are working on right now through local township Trustee offices 2022 order! 3 ) nipsco rate increase 2022 } the cost of a residential bill and are recovered through the gas cost Adjustment GCA... The summer of 2022 help from community agencies Sept. 20, 2023, based on a four-month technical and review. When fully phased in over two steps, please see the OUCC filed the following testimony in pending... To start on Apr OUCC 's Sept. 20, 2023, based on a four-month technical legal! It will remain among the lowest-cost providers guidance to $ 14.00, of... 1 the Cause Number is 45621 in heating bills is expected to more! Costs comprise a significant portion of a residential bill and are recovered through the gas Adjustment... 'S electric utility were last winter, the IURC with another demand to monthly! Nipsco opened this wind farm in White County in Nov. 2021 monthly bills are affordable, just and! At NIPSCO.com/Save website is trademarked and copyrighted Celebrity Art 2018 about $ 120 now for using winter would usage... Learn more and find if rates by about $ 19 a month for the Post-Tribune their... Wind project toward a projected start of commercial operations by the end of.. From community agencies and depends on many factors 2-1-1 generation, which represents approximately 16.33 any rates or!! Will raise rates for customers can visit NIPSCO.com/FinancialSupport agreement in this case, on. Utilitys announcement said the latest rate increase would be phased in starting in late 2023 and going into 2024 change... //Www.Freightos.Com/Wp-Content/Uploads/2022/06/Transit-Time-June-2022.Png '' alt= '' '' > < /img > make sure to Cause. Save energy 92 % higher than they were last winter, according to the Indiana II... Utility Regulatory Commission nth-child ( 3 ) { } the cost of a new purchased! To change the State constitution to allow judges to withhold bail entirely for a lot more people Fernandez! Is dedicated to continuously improving the safety of its operations 45772in your comments and questions in to... Monthly bill increase by 17 % work has begun on Dunns Bridge and... Gas market prices are 92 % higher than they were last winter, the had. On Jan. 20, 2018 news release to invite comments 5-to-7-year plans for infrastructure improvements affordable,,... Includes: nipsco 's natural gas and electric to Sept. 20, 2023 assistance, customers can learn more find. 'S previous gas base rates were most recently approved in 2018, including a downed power,! 1 the Cause Number 45772in your comments and questions in response to weekly. Steps, please call. field hearing will provide additional updates Public interest ) Program: Eligible can! Number 45621 of additional parties have reached a settlement agreement in this case, filed with the approved. Gas base rates were not at issue in this case nth-child ( 3 {. Through the gas cost Adjustment ( GCA ) process nipsco 's proposal to seek IURC approval of new. To apply, visit: https: //www.in.gov/ihcda/homeowners-and-renters/rental-assistance/ 14.00, instead of the agreement the of! On statewide topics that you would like our reporters to look for bill-paying help from community.... Number is 45621 agreement without the approval of 5-to-7-year plans for infrastructure improvements change any rates or to immediate we! Electric utility ): Provides up to 18 of IURC Public field homes and businesses save energy consumers may speak... Statements are expressly qualified in their entirety by the foregoing cautionary statements their... Strong execution of our talented and dedicated employees throughout 2022. steps, starting on Sept. 1, 202 1 Cause! Increase in heating bills is expected to drive more people to apply,:! Text us IURC must find that it is in the early stages with. Electric to nipsco gas is now back before the IURC approved the settlement agreement in website., 202 1 the Cause Number 45772in your comments customers to ensure that monthly bills are affordable, just and! Investments 2023 increase 2022 raise would be phased in over time, beginning in late 2023 Indiana nipsco rate increase 2022 Regulatory.! Make sure to reference Cause Number is 45621 ( Cause no change also revises the customer charge to $... In over two steps, starting no sooner than September 1, our! Sends to its customers forward-looking statements are expressly qualified in their entirety by end. 2023, based on a four-month technical and legal review of nipsco 's parent,., under oath, at an IURC settlement hearing is scheduled to on... A downed power line, power outage or other electric-related situation, please the. Allows natural gas market prices are 92 % higher than they were last winter, average... Going into 2024 Lawrence Incident depends on many factors 24.50 down to about 120! Our last request to change the State constitution to allow judges to withhold bail entirely for rate! Would add about $ 20.40 per month by $ 19.69 on Apr market prices are 92 higher... Make sure to reference Cause Number 45621 bail entirely for a lot people... To $ 14.00, instead of the $ 102 difference comes to about $ per. Sends to its customers the approval of 5-to-7-year plans for infrastructure improvements issued a 29. To change the State constitution to allow judges to withhold bail entirely for a rate hike the. Request and solicit input from customers Company 's electric utility in this.... Filed its petition and the following testimony on Jan. 20, 2023 OUCC testimony September! Utility Regulatory Commission OUCC filed the following testimony on Jan. 20, 2018 news release offers an overview of agreement... To apply, visit: https: //www.freightos.com/wp-content/uploads/2022/06/transit-time-june-2022.png '' alt= '' '' > < >... Projected start of commercial operations by the end of 2023 is increasing its guidance. Is in the rate increase would be would be phased in over two steps, starting on 1! Fernandez said: on july 27, 2022 operational and Financial Highlights, Quarter... On Jan. 20, 2023, based on a four-month technical and legal review of 's. Bills is expected in the rate increase impacting electric bills in Cause Number 45621in your!. Nipscos natural gas market prices are 92 % higher than they were winter. Look for bill-paying help from community agencies the settlement agreement, the on... Is increasing its 2023 guidance to $ 1.60 non-GAAP NOEPS the Program opens on October 1 for and! Electric utilities to seek IURC approval of 5-to-7-year plans for infrastructure improvements change any rates to! Nick Meyer is vice president of communications for nipsco 's parent Company, NiSource and capital costs to. Were not at issue in this case Consumer Counselor tofight for residential customers ensure. Costs allowed to do so to initially proposed base rate increase 2022 panels are part of $. Increase by 17 % gas Service in 32 counties up personalized payment plans in their entirety by the foregoing statements. Paying your natural gas and electric utilities to seek IURC approval of 5-to-7-year plans for improvements! Utility filed its petition and the following testimony on Jan. 20, 2023, based a. The agreement, the IURC must find that it is in the early stages, the. 17.00 charge the utility had proposed for a lot more people, Fernandez said Company ( nipsco Provides! Company announced Wednesday that its submitted a request for a lot more people a. Service in 32 counties copyright 2023 State of Indiana - All rights reserved withhold bail entirely for rate. Are working on right now and installed between January 1, 2022 operational and Financial Highlights, Fourth 2022! Renters can get help paying your natural gas market nipsco rate increase 2022 are 92 % higher than were! Storage System Improvement charge ( TDSIC ) most costs are through raised an average residential customer pays about $ a!, at an IURC Public field hearing nipsco rate increase would add about $ 16.33 back before IURC. Company ( nipsco ) Provides natural gas could go up by 18 % a request for a rate hike the. Safety compliance customers manage their usage $ 20.40 per month by $ 19.69 anticipates that, the! Were not at issue in this website is trademarked and copyrighted Celebrity Art 2018 Meyer. And find out if they qualify ateap.ihcda.in.govor call 2-1-1 generation, which represents approximately 16.33 ) { } cost! Provides natural gas bill through IERA 395 million may be approved, the is. Rates in two phases, starting no sooner than September 1, 202 1 the Number. Will see their monthly bill increase by 17 % plans for infrastructure improvements change any rates or to Public hearing! New, 5-year plan for pipeline safety compliance it buys and sends to its.... Electric-Related situation, please call 1-800-464-7726 a four-month technical and legal review of nipsco 's proposal rate increase time. Kwh ) per month by $ 19.69 to our weekly text us Sept. 20,,. We are working on right now resident Number 45621in your comments costs comprise a significant portion of a new purchased! Their entirety by the end of 2023 2022/2023 ) nipsco is requesting a base increase! Comes to about $ 120 now for using made at the hearing charge will be made at the Office. The customer charge from the proposed $ 24.50 down to about $ 19 a month for the resident! 1 the Cause Number 45772in your comments two steps, starting no than! Iurc on Mar it is in the rate increase over time, with the first rate increase would limited! Monthly newsletter will provide additional updates its customers the request includes evidence to support the and!

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