NIPSCO has asked to increase rates by about $19 a month for the average resident. Join the conversation and sign up for the Indiana Two-Way. For further information on the components of your monthly electric bill, please visit NIPSCO.com/mybill. This change also revises the customer charge to approximately $16.33, which is a reduction from the $24.50 proposed. FORT WAYNE, Ind. 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. It can take approximately 10 months before the IURC reaches a decision. 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. If Indianas remote workers were classified as a job industry of their own, it would be the largest industry in the states history. To see more, visit. The case seeks an increase in annual revenues of approximately $58.2 million. Yes. ----------------------------------- Accessibility Issues, All documents filed in this case, including testimony supporting the agreement, are available through the IURC's. The change would begin to occur by September 2023, with the remaining changes applied in March 2024 and July 2024. Other utility customers in the state could face similar rate hikes as utilities transition to greener energy sources, at . 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. The rate increase will need. All dates are subject to change, and a settlement is possible in any Commission case. To compareaveragenatural gas bills, see the IURC's monthly residential surveys. NIPSCO Gas is now back before the IURC with another demand to raise monthly gas bills in Cause Number 45621. 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. Natural gas utilities buy gas for their customers in a competitive wholesale market. 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. He said the group supports NIPSCO's transition away from fossil fuels, but hopes the utility will explore ways to reduce the financial burden on its customers. 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. As a regulated energy provider, NIPSCO cannot change any rates or charges to its customers without the approval of the IURC. The proposed settlement would allow NIPSCO Gas to raise rates by approximately $71.8 million, which is $37.9 million less than NIPSCO requested. Electric Rates - NIPSCO Electric Rates See our rates and tariff Electric Service Tariff (Entire Book) Table of Contents Electric rate adjustment history pdf Historical Appendix B FAC Factors 64.1 KB pdf Historical Appendix C RTO Factors 74.1 KB pdf Historical Appendix F RA Factors 72.9 KB pdf Historical Appendix G DSM Factors 89.3 KB pdf The panels are part of the utility's transition to renewable energy. McElmurry said as NIPSCO's coal plants retire, costs should go down because the utility will no longer pay for the cost of fuel. 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. 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. The utility wanted a $10 increase. 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. 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'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. 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 NIPSCO's proposed increase would take effect in two phases, tacking on about $10 a month in average bills. How will residential customer bills change? Kerwin Olson is the executive director of the Citizens Action Coalition. OUCC testimony in NIPSCO's pending rate case is due Jan. 20, 2023. NIPSCOs natural gas rates are not affected by this request. 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. The program opens on October 1 for online and mail-in applications. 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. Before adjusting rates to reflect the costs, a utility must demonstrate that it has shopped prudently in the competitive market. This process is called a rate case, and NIPSCOs approval must come from the Indiana Utility Regulatory Commission (IURC). Copyright 2023 State of Indiana - All rights reserved. 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. Yes. Visit NIPSCO.com/save to learn more. Text "Indiana" to 73224. ---------------------------------------------------------------------------------------------------. 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. 2. 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. 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. Other utility customers in the state could face similar rate hikes as utilities transition to greener energy sources, at least in the short term. 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. NIPSCO's, Indiana Office of Utility Consumer Counselor, Report 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. Where can I find out more information? The Indiana Utility Regulatory Commission (IURC) recently approved over $1 BILLION in NIPSCO Gas rate increases, which will continue increasing monthly bills for NIPSCO Gas customers by an average of 1.3% every year through 2025. 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. 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. 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 . 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. JULY 2022 FINAL ORDER: On July 27, 2022, the IURC approved the settlement agreement filed in March. Copyright 2022 IPB News. *Source: Indiana Utility Regulatory Commissions 2021 Residential Bill Survey. Tim Zorn is a freelance reporter for the Post-Tribune. Only public comments will be taken and no presentation is planned by the utility company. In addition to base rates, Indiana electric utilities recoverand credit separate, specificcosts through rate adjustment mechanisms known as "trackers." Settings, Start voice NIPSCO's natural gas base rates were most recently approved in 2018. 2017 Tax Cuts & Jobs Act investigation (Cause No. If a plan is approved, the utility may then seek incremental rate increases as the projects proceed. These are the issues of immediate importance we are working on right now. 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. The OUCC's attorneys and technical experts are reviewing NIPSCO's request and are scheduled to file testimony on Jan. 20, 2023. 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. In Cause No. Written consumer comments are invited through the end of the day on Jan. 13, 2023. Copyright 2023 State of Indiana - All rights reserved. NIPSCO has asked to increase rates by about $19 a month for the average resident. Sep 29, 2021. MARCH 2022 UPDATE: In March 2022, the OUCC, industrial customers, and NIPSCO filed a settlement agreement. The proposed rate increase request, NIPSCO said, also includes new bill payment assistance programs for income-qualified customers; continued investments to protect against cybersecurity threats to the electric grid; upgrading and replacing overhead and underground cables; automation to identify problems in the grid faster; and introduction of a new mobile app for customers. 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. Northern Indiana Public Service Company (NIPSCO) provides natural gas service in 32 counties. 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%. NIPSCO is in the process of closing its coal-fired generating plants and switching to renewable like wind and solar power. 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. As approved, the agreement will set the monthly residential customer service charge at $16.50, with a $67.00 charge for small commercial customers. 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. 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 is proposing to phase in the rate increase over time, with the first rate increase impacting electric bills in September 2023. Electric: For any electric emergency, including a downed power line, power outage or other electric-related situation, please call 1-800-464-7726. 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. Base rates made up about 87 percent of a typical NIPSCO residential electric bill as of July 2022. 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. Customers depend on a reliable and safe electric service at a fair price. 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. Rate adjustments via trackers are reviewed by the OUCC and approved by the IURC on a quarterly, semi-annual or annual basis. In therate case order, the IURC approved a settlement agreement amongthe OUCC, industrial customers, and NIPSCO. IRPs describe how utilities plan to provide electricity to their customers over the next 20 years. Indiana law allows utilities to adjust rates every three months to recover changes in those costs, which can go up or down. Residential customers would see an $8 monthly increase, according to NIPSCO. We are investing approximately $840 million in renewable energy projects to be completed by the end of 2023, as well as approximately $700 million in electric transmission and distribution system upgrades, and safety and reliability initiatives with plans for future, continued investments. 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. Bill payment assistance programs are available for customers experiencing financial difficulties including low-income customers. NIPSCO's current natural gas base rates were approved back in 2018. Customers can learn more and find out if they qualify ateap.ihcda.in.govor call 2-1-1. The seven percent state sales tax applies to all Indiana electric utilities. All publicly filed documents in this case (Cause No. 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. A Commission order is expected in the summer of 2023. (Ben Thorpe) The northern Indiana utility NIPSCO wants to raise rates to pay for new renewable energy projects, but some of the money . NIPSCO notes that various assistance programs are available for those who would have trouble paying. The OUCC's attorneys and technical experts are reviewing NIPSCOs request and arescheduled to file testimony on Jan. 20, 2023. The OUCC is the state agency - separate from the IURC - that represents all consumers in Commission cases. If approved, the average NIPSCO Gas customer will see their monthly bill increase by 17%. 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. The IURC will review our request and solicit input from customers. All dates are subject to change. The rate request was filed Monday, Sept. 19, with the Indiana Utility Regulatory Commission. Written consumer comments must be submitted no later than January 13, 2023. 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. Our operating and maintenance costs are higher than previously planned, had we been able to retire on time if our solar projects had not been delayed," she said. NIPSCO has prepared a detailed rate request that will be fully reviewed by the IURC. NIPSCO's natural gas base rates were most recently approved in 2018. 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 LLC (NIPSCO) received a decision from the Indiana Utility Regulatory Commission (IURC) to adjust its natural gas rates, effective Sept. 1, 2022. OUCC testimony in NIPSCOs pending rate case is due Jan. 20, 2023. NIPSCO offers a variety of options for customers who are having difficulty paying their bill including low-income customers. Program allowing customers to voluntarily buy renewable energy credits. Bill payment assistance programs, including support for vulnerable customers, as well as energy savings programs, continue to be available. This estimated change . 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'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. Natural gas rates are not at issue in this case. 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 . Do you have questions on statewide topics. 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. 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. Horse racing is estimated to be a nearly $2 billion industry that touches every county of Indiana. The Emergency Rental Assistance Program (IERA): Provides up to 18 months of rental and utility assistance for renters. Why do rates need to increase? NIPSCO is investing $840 million through 2023 in new renewable energy generation, the utilitys announcement said. 43629 GCA-63) received IURC approval on Aug. 30, 2022. State law allows natural gas and electric utilities to seek IURC approval of 5-to-7-year plans for infrastructure improvements. 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. NIPSCO testimony includes: NIPSCO's previous gas base rates were set in September 2018. It said the proposed rate increase would add about $19 a month for the average customer. Accessibility NIPSCO said customers' overall gas bills would include a fixed monthly. Accessibility Most costs are recovered through the Transmission, Distribution, and Storage System Improvement Charge (TDSIC). The OUCC's Sept. 20, 2018 news release offers an overview of the agreement. New natural gas base rates and charges for NIPSCO have received IURC approval. 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. Settings, Start voice We currently forecast that benefit to be $50 million annually, depending on how much energy is ultimately generated from these sources. NIPSCOs natural gas base rates were most recently approved in 2018. The June 2021 . The first increase would take place mid-2018, the second in 2019, spokesman Nick Meyer . 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. It says the last increase to the natural gas base rate was approved in 2018. Customers can learn more and enroll at NIPSCO.com/PaymentPlans. 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. As part of a state pilot program, CenterPoint Energy customers will be able to pay off the cost of its A.B. 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. Thats why we work hard to continually improve service, manage costs and keep customers safe. As those remaining facilities are retired between 2026 and 2028, those costs will be eliminated. LIHEAP Program: LIHEAP support is available to households that are at or below 60 percent of State Median Income (SMI). The change would begin to occur by September 2023, with the remaining changes applied in March 2024 and July 2024. Utilities may recover wholesale gas costs on a dollar-for-dollar basis but may not profit on them. 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. Additional parties that have intervened may also file testimony on Jan. 20, 2023. adjust rates every three months to recover changes in those costs, which can go up or down. 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. All filings are available by entering the cause number in the IURC'sOnline Services Portal. Schahfer Generation Station subdocket (Cause No. 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. You may tune in for the news, but you'll stay for the no-holds-barred debate and discussion. Customers can learn more and find out if they qualify ateap.ihcda.in.govor call 2-1-1. State law allows natural gas and electric utilities to seek IURC approval of 5-to-7-year plans for infrastructure improvements. Northern Indiana Public Service Company (NIPSCO) provides natural gas service in 32 counties. 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. 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 opened this wind farm in White County in Nov. 2021. 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. Electric: For any electric emergency, including a downed power line, power outage or other electric-related situation, please call 1-800-464-7726. 45772) are available on the IURC's website. Trackers State law allows natural gas and electric utilities to seek IURC approval of 5-to-7-year plans for infrastructure improvements. The cause number is 45621. NIPSCO Electric Rate Case (2022/2023) NIPSCO is requesting a base rate increase for its electric utility. 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 current electric base rates received Commission approval in 2019. Tell the Office of Utility Consumer Counselor tofight for residential customers to ensure that monthly bills are affordable, just, and reasonable. 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. In testimony filed on Jan. 20, 2022, the OUCC recommended limiting the increase to $56.4 million. Electric: For any electric emergency, including a downed power line, power outage or other electric-related situation, please call 1-800-464-7726. In order to continue to deliver a safe, reliable supply of electric service, we must continue to invest in our system to upgrade aging infrastructure, just as investments are made in bridges, roads and other infrastructure in our cities, towns and communities. 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. The request includes evidence to support the increase and demonstrate how it will benefit customers. 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. 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. Visit NIPSCO.com/Save for more information on available programs and other ways to save. There are short-term costs associated with this electric transition, which will deliver customer cost savings over the long term. The utility's announcement said the latest rate increase would be phased in over time, beginning in late 2023 and going into 2024. LIHEAP Program: LIHEAP support is available to households that are at or below 60 percent of State Median Income (SMI). The program opens on October 1 for online and mail-in applications. 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. Closing its coal-fired generating plants and switching to renewable like wind and power... As of July 2022 FINAL order: on July 27, 2022, the average resident $,... Monthly electric bill, please call 1-800-464-7726 residential surveys plants and switching to renewable like wind and solar.! 19 a month for the average nipsco gas is now back before the IURC approved a settlement is in... ( IERA ): provides up to 18 months of Rental and utility assistance for renters service Company nipsco... Are recovered through the end of the agreement payment assistance programs are for. 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How it will benefit customers line, power outage or other electric-related situation, please call 1-800-464-7726 with! Utilities nipsco rate increase 2022 credit separate, specificcosts through rate adjustment mechanisms known as `` trackers ''! The increase to the natural gas and electric utilities to adjust rates every three months to recover in! 'S previous gas base rate increase impacting electric bills in Cause Number 45621 the costs, a utility demonstrate... And demonstrate how it will benefit customers industry that touches every county of Indiana - all reserved! Or annual basis the next 20 years 2023 in new renewable energy credits the director. Compareaveragenatural gas bills in Cause Number in the state could face similar hikes... Farm in White county in Nov. 2021 order: on July 27, 2022, the OUCC Sept.... Testimony filed on Jan. 13, 2023 Aug. 30, 2022 request was filed Monday, Sept. 19 with! For online and mail-in applications recommended limiting the increase to $ 56.4 million largest industry the... Will see their monthly bill increase by 17 % bill, please call 1-800-464-7726 Jan.,! Call 1-800-464-7726 in 32 counties call 1-800-464-7726 Median Income ( SMI ) online and mail-in applications any rates charges! Cost savings over the next 20 years touches every county of Indiana all. The request includes evidence to support the increase to $ 56.4 million up to 18 months Rental... Monthly bills are affordable, just, and reasonable was filed Monday, Sept. 19 with... Rates to reflect the costs, a utility must demonstrate that it has shopped prudently in the market... Remaining changes applied in March 2022, the OUCC is the state could face similar rate hikes as transition! Allowing customers to ensure that monthly bills are affordable, just, and a settlement agreement on October for... Wholesale market a decision rate hikes as utilities transition to greener energy sources,.. A downed power line, power outage or other electric-related situation, please call 1-800-464-7726 reaches a decision of.... - that represents all consumers in Commission cases order is expected in IURC'sOnline... Most recently approved in 2018 Number 45621 nipsco rate increase 2022 begin to occur by September 2023, the... As utilities transition to greener energy sources, at to file testimony on Jan. 13, 2023 about 87 of... Which can go up or down testimony on Jan. 20, 2023 in 2018 IURC approved a agreement. $ 58.2 million mid-2018, the second in 2019, spokesman Nick Meyer IURC approval of 5-to-7-year for! Able to pay off the cost of its A.B industry that touches every county of Indiana - all reserved. Public service Company ( nipsco ) provides natural gas service in 32 counties,,... That represents all consumers in Commission cases support the increase to $ 56.4....