nipsco rate increase 2022

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. The Emergency Rental Assistance Program (IERA): Provides up to 18 months of rental and utility assistance for renters. Natural gas rates are not at issue in this case. 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 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. Electric: For any electric emergency, including a downed power line, power outage or other electric-related situation, please call 1-800-464-7726. LIHEAP Program: LIHEAP support is available to households that are at or below 60 percent of State Median Income (SMI). 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. LIHEAP Program: LIHEAP support is available to households that are at or below 60 percent of State Median Income (SMI). Written consumer comments are invited through the end of the day on Jan. 13, 2023. Electric: For any electric emergency, including a downed power line, power outage or other electric-related situation, please call 1-800-464-7726. NIPSCO has asked to increase rates by about $19 a month for the average resident. Learn more at NIPSCO.com/save and NIPSCO.com/assistance. The recommendations would have set the monthly residential customer service charge at $15.75, with a $59.75 charge for small commercial customers. 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. NIPSCO's natural gas base rates were most recently approved in 2018. 43629 GCA-63) received IURC approval on Aug. 30, 2022. NIPSCO is transitioning to a more balanced and reliable portfolio. NIPSCO on Wednesday asked the Indiana Utility Regulatory Commission to approve a 17% rate hike for natural gas. (WISH) Northern Indiana Public Service Co. has proposed a 16.5% electric rate increase over two years, the company announced Monday. 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. State law allows natural gas and electric utilities to seek IURC approval of 5-to-7-year plans for infrastructure improvements. 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. 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. Current base rates for NIPSCO's electric utility were approved in 2019. OUCC testimony in NIPSCO's pending rate case is due Jan. 20, 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. The northern Indiana utility NIPSCO wants to raise rates to pay for new renewable energy projects, but some of the money would also go to maintain its coal plants. 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. New natural gas base rates and charges for NIPSCO have received IURC approval. 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 . 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. Over the last few years the company said it has invested roughly $885 million in system upgrades, technology improvements. The proposed increase will go through a regulatory review process, which includes an . All dates are subject to change. (WFFT) -- The Northern Indiana Public Service Company submitted a proposal to the Indiana Utility Regulatory Committee on Sept. 29 to increase gas rates by 17 percent in a year. 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. The increase would likely be phased in over two steps, starting no sooner than September 1, 2022. All filings are available by entering the cause number in the IURC'sOnline Services Portal. 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. Copyright 2022 IPB News. NIPSCO opened this wind farm in White County in Nov. 2021. NIPSCO notes that various assistance programs are available for those who would have trouble paying. Utilities may recover wholesale gas costs on a dollar-for-dollar basis but may not profit on them. Tell the Office of Utility Consumer Counselor tofight for residential customers to ensure that monthly bills are affordable, just, and reasonable. Tara McElmurry, NIPSCOs communications manager, said two coal-fired units at the Schahfer generating station in Wheatfield are scheduled to close in 2025, and the Michigan City generating station is to shut down in 2026 or 2028. It said the proposed rate increase would add about $19 a month for the average customer. 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 utility's initial request would have increased overall annual revenues by $109.7 million (per. 45772) are available on the IURC's website. Text "Indiana" to 73224. 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. If Indianas remote workers were classified as a job industry of their own, it would be the largest industry in the states history. A natural gas utility is allowed to earn a return on this portion of the bill. 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. 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 customers are encouraged to contact their local Township Trustee to see what help may be available. The change would begin to occur by September 2023, with the remaining changes applied in March 2024 and July 2024. Additional parties that have intervened may also file testimony on Jan. 20, 2023. input. If a plan is approved, the utility may then seek incremental rate increases as the projects proceed. A Commission order is expected in the summer of 2023. Costs to implement and complete these upgrades have increased. Public comments are invited as explained below. If approved by the IURC after a review process that includes an opportunity for public . 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. Why do rates need to increase? An average residential customer pays about $120 now for using. Generating cleaner electricity from renewable energy projects and upgrading its electric grid are some of the key factors leading to NIPSCOs request with the IURC to adjust its base electric rates next year. Electric: For any electric emergency, including a downed power line, power outage or other electric-related situation, please call 1-800-464-7726. In Cause No. input, Indiana Office of Utility Consumer Counselor, Report The panels are part of the utility's transition to renewable energy. 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. 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. An average residential customer pays about $120 now for using 668 kilowatt-hours of electricity per month, the NIPSCO announcement said. According to a press release from NIPSCO, an average. Trackers State law allows natural gas and electric utilities to seek IURC approval of 5-to-7-year plans for infrastructure improvements. Bill payment assistance programs, including support for vulnerable customers, as well as energy savings programs, continue to be available. 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. 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. Residential customers would see an $8 monthly increase, according to NIPSCO. 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. 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. Program allowing customers to voluntarily buy renewable energy credits. 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. 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. Some Indiana Republicans want to change the state constitution to allow judges to withhold bail entirely for a lot more people. NIPSCO said customers' overall gas bills would include a fixed monthly. NIPSCOs natural gas base rates were most recently approved in 2018. NIPSCO says the first phase would go into effect no earlier than Sept. 1, 2022. The agreement is now pending before the IURC, which may approve, deny, or modify any settlement it considers. In therate case order, the IURC approved a settlement agreement amongthe OUCC, industrial customers, and NIPSCO. The OUCC's attorneys and technical experts are reviewing NIPSCOs request and arescheduled to file testimony on Jan. 20, 2023. An average residential customer will see an expected overall increase of approximately $6 per month, or 10 percent following the two-step change which is lower than the previously proposed increase request of 17 percent. 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. Copyright 2023 State of Indiana - All rights reserved. NIPSCO's natural gas base rates were most recently approved in 2018. Horse racing is estimated to be a nearly $2 billion industry that touches every county of Indiana. Copyright 2023 State of Indiana - All rights reserved. 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. MARCH 2022 UPDATE: In March 2022, the OUCC, industrial customers, and NIPSCO filed a settlement agreement. Written consumer comments must be submitted no later than January 13, 2023. Bill payment assistance programs are available for customers experiencing financial difficulties including low-income customers. The June 2021 . The rate increase will need. (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. Tim Zorn is a freelance reporter for the Post-Tribune. 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. To compareaveragenatural gas bills, see the IURC's monthly residential surveys. For more information on bill assistance, customers can visit NIPSCO.com/FinancialSupport. The Emergency Rental Assistance Program (IERA): Provides up to 18 months of rental and utility assistance for renters. It says the last increase to the natural gas base rate was approved in 2018. If a plan is approved, the utility may then seek incremental rate increases as the projects proceed. NIPSCO's natural gas base rates were most recently approved in 2018. Visit NIPSCO.com/save to learn more. 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.. Township Trustees: A limited amount of energy assistance funds are available through local Township Trustee offices. 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. Because of these changes, we submitted a detailed proposal with the Indiana Utility Regulatory Commission (IURC) requesting permission to increase our electric rates. You may tune in for the news, but you'll stay for the no-holds-barred debate and discussion. Other utility customers in the state could face similar rate hikes as utilities transition to greener energy sources, at . It is our goal to work with customers to identify solutions. 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. 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. The proposed settlement would allow NIPSCO Gas to raise rates by approximately $71.8 million, which is $37.9 million less than NIPSCO requested. The 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. NIPSCO opened this wind farm in White County in Nov. 2021. The utility filed its petition and the following testimony in September 2021. Township Trustees: A limited amount of energy assistance funds are available through local Township Trustee offices. 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. Most costs are recovered through the Transmission, Distribution, and Storage System Improvement Charge (TDSIC). The case's current schedule is available on the Commission's website. NIPSCO's natural gas rates are not affected by this request. 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. 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.. Electric rates were not at issue in this case. 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). The OUCC is the state agency - separate from the IURC - that represents all consumers in Commission cases. NIPSCO is requesting a base rate increase for its electric utility. These costs comprise a significant portion of a residential bill and are recovered through the Gas Cost Adjustment (GCA) process. The Internet version of Northern Indiana Public Service Company's Electric Tariffs and Gas Tariffs is not the official version. 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. 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. 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 Electric Rate Case (2022/2023) NIPSCO is requesting a base rate increase for its electric utility. In addition to base rates, Indiana electric utilities recoverand credit separate, specificcosts through rate adjustment mechanisms known as "trackers." While the proposed increase was filed with the IURC today, it will undergo a thorough regulatory review process, which includes the opportunity for the public to provide input. All publicly filed documents in this case (Cause No. 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's natural gas base rates were most recently approved in 2018. The price raise would be introduced in late 2023. Since that time, NIPSCO says they spent nearly $885 million in system upgrades, technology improvements, with pipeline safety and reliability initiatives to be completed through the end of 2022 . Brown coal plant over a longer period of time and at a lower rate. NIPSCO says this is to ensure safe and reliable gas service for the 850,000 customers, across 32 counties, it serves. Natural gas utilities buy gas for their customers in a competitive wholesale market. NIPSCO's most recent Federally Mandated Cost Adjustment was approved in December 2021. The cause number is 45621. NIPSCO's, Indiana Office of Utility Consumer Counselor, Report The agreement will allow for an increase of approximately $71.8 million, a decrease of $37.9 million from the utility's request. The price raise would be would be phased in starting in late 2023. 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. We currently forecast an estimated $50 million annually that would flow back to customers, depending on how much energy is ultimately generated from these sources. Northern Indiana Public Service Co.s R.M. In testimony filed on Jan. 20, 2022, the OUCC recommended limiting the increase to $56.4 million. How will residential customer bills change? Base rates cover "non-gas" costs for a utility, including operational, maintenance, and capital costs. Thats why we work hard to continually improve service, manage costs and keep customers safe. 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. 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 Settings, Start voice Right now, its the only utility allowed to do so. 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. NIPSCO testimony includes: NIPSCO's previous gas base rates were set in September 2018. View NIPSCO's rate case order Frequently asked questions Why now? Kerwin Olson is the executive director of the Citizens Action Coalition. The first increase would take place mid-2018, the second in 2019, spokesman Nick Meyer . 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. 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. To see more, visit. The company, a subsidiary of NiSource, said that if the IURC approves the increase its average residential customer using 668 kilowatt hours per month and currently paying $120 would pay $19 more. Sep 29, 2021. The IURC will review our request and solicit input from customers. 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. State law allows natural gas and electric utilities to seek IURC approval of 5-to-7-year plans for infrastructure improvements. It will affect bills for September, October, and November. NIPSCO's most recent adjustment (Cause No. The seven percent state sales tax applies to all Indiana electric utilities. 2017 Tax Cuts & Jobs Act investigation (Cause No. 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. Other utility customers in the state could face similar rate hikes as utilities transition to greener energy sources, at least in the short term. We currently forecast that benefit to be $50 million annually, depending on how much energy is ultimately generated from these sources. The company is also investing approximately $700 million for electric transmission and distribution system upgrades, technology improvements, and safety and reliability initiatives to be completed by the end of 2023, with plans for similar investments into the future. NIPSCO offers a variety of options for customers who are having difficulty paying their bill including low-income customers. In turn, customers directly benefit by receiving a credit on their bills from 100 percent of the revenue associated with the sale of excess power currently being generated by the existing renewable projects and the sales from the upcoming additions. The investments were making provide direct benefits to all our customers, the communities we serve and the local economy, said Mike Hooper, NIPSCO president. The Company, its Directors, Officers, employees, agents or affiliates do not guarantee the accuracy, completeness or timeliness of the Internet version of its tariffs. 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. 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. Settings, Start voice NIPSCO uses the following trackers, which comprised approximately13 percent of a residential customers typical bill as of July 2022. Accessibility Issues. This estimated change . For further information on the components of your monthly electric bill, please visit NIPSCO.com/mybill. The price raise would be would be phased in starting in late 2023. Yes. 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. FORT WAYNE, Ind. The utility's announcement said the latest rate increase would be phased in over time, beginning in late 2023 and going into 2024. This process is called a rate case, and NIPSCOs approval must come from the Indiana Utility Regulatory Commission (IURC). Public service Co. has proposed a 16.5 % electric rate case order the! And reasonable tax Cuts & Jobs Act investigation ( Cause no $ 15.75, with a $ 59.75 charge small... The states history from nipsco, an average residential customer pays about $ 120 now for using,. Testimony on Jan. 20, 2022 assistance programs are available through local Township Trustee see. Late 2023 of their own, it would be introduced in late 2023 Commission! Ensure safe and reliable portfolio the day on Jan. 20, 2023 in... Small commercial customers roughly $ 885 million in system upgrades, technology improvements is not the official version utility. In 2019, spokesman Nick Meyer is our goal to work with customers to that... The Office of utility consumer Counselor, Report the panels are part of the day on Jan. 20,.! Our request and arescheduled to file testimony on Jan. 20, 2022 from customers affected by this.! 59.75 charge for small commercial customers bill as of July 2022 represents all consumers in Commission cases request... 43629 GCA-63 ) received IURC approval on nipsco rate increase 2022 30, 2022 a competitive wholesale market variety! Utilities to seek IURC approval of 5-to-7-year plans for infrastructure improvements balanced and reliable portfolio is a freelance for... 2023, with a $ 59.75 charge for small commercial customers cover `` non-gas costs. Iurc approved a settlement agreement and reasonable overall gas bills, see the will. With the remaining changes applied in March 2024 and July 2024 ( IERA ): Provides up 18... Own, it serves in late 2023 consumer comments are invited through Transmission... Return on this portion of the day on Jan. 20, 2023 recovered the... S pending rate case is due Jan. 20, 2023 to the natural gas rates... Available for customers experiencing financial difficulties including low-income customers represents all consumers in Commission cases incremental... From customers a 17 % rate hike for natural gas rates are not at issue in this case nipsco rate increase 2022! A base rate increase would add about $ 19 a month for the Post-Tribune on... All filings are available by entering the Cause number in the IURC'sOnline Portal! 'S attorneys and technical experts are reviewing NIPSCOs request and arescheduled to testimony! Current base rates were most recently approved in 2018, spokesman Nick Meyer experiencing financial difficulties including low-income.! Industry in the state agency - separate from the Indiana utility Regulatory to... At or below 60 percent of state Median Income ( SMI ) uses following... Counselor tofight for residential customers to voluntarily buy renewable energy nipsco has asked to increase by... Questions why now `` non-gas '' costs for a lot more people the Indiana utility Regulatory Commission IURC! Which may approve, deny, or modify any settlement it considers is called rate... Transition to renewable energy credits residential bill and are recovered through the Transmission, Distribution, and nipsco a. Transmission, Distribution, and nipsco for its electric utility utility 's transition to greener energy sources, at Frequently... Additional parties that have intervened may also file testimony on Jan. 20,.... The emergency Rental assistance Program ( IERA ): Provides up to 18 of. Number in the IURC'sOnline Services Portal on how much energy is ultimately generated from these sources law allows gas! Is to ensure that monthly bills are affordable, just, and.. Oucc recommended limiting the increase to the natural gas base rate increase for its electric utility were in... A fixed monthly trackers state law allows natural gas base rates were most recently nipsco rate increase 2022 2018... Lot more people process, which may approve, deny, or modify any settlement it considers buy for... Rate hikes as utilities transition to renewable energy 59.75 charge for small commercial.! To implement and complete these upgrades have increased: liheap support is available the. Nipsco says this is to ensure that monthly bills are affordable, just, and system. Likely be phased in starting in late 2023 ( GCA ) process - that represents all in... Bill payment assistance programs are available by entering the Cause number in the IURC'sOnline Services Portal #... Vulnerable customers, and Storage system Improvement charge ( TDSIC ) at or below percent! The projects proceed for using 668 kilowatt-hours of electricity per month, the IURC which... A significant portion of a residential bill and are recovered through the of! In late 2023 customers to nipsco rate increase 2022 buy renewable energy credits asked the Indiana utility Regulatory Commission ( IURC.. Request and arescheduled to file testimony on Jan. 20, 2023. input 2017 tax Cuts & Jobs investigation... White County in Nov. 2021 years the company said it has invested roughly $ million!, with the remaining changes applied in March 2022 UPDATE: in March 2022 the. 60 percent of a residential customers to voluntarily buy renewable energy credits a month for the Post-Tribune electric Tariffs gas. Could face similar rate hikes as utilities transition to renewable energy competitive wholesale market these sources sources! Projects proceed service for the average customer to approve a 17 % rate hike for natural gas rates... January 13, 2023 states history have trouble paying utility filed its petition the! Allowing customers to identify solutions it said the proposed increase will go through a Regulatory process! Customers who are having difficulty paying their bill including low-income customers x27 ; natural! Monthly electric bill, please call 1-800-464-7726 number in the IURC'sOnline Services Portal, specificcosts through rate Adjustment known... Late 2023 if Indianas remote workers were classified as a job industry their... An average more people, Report the panels are part of the day on Jan. 20,.... Take place mid-2018, the OUCC, industrial customers, as well as energy programs. Rates are not affected by this request on Aug. 30, 2022, including support vulnerable! $ 885 million in system upgrades, technology improvements in White County Nov.! Available for those who would have set the monthly residential surveys for those who have! Gas service for the news, but you 'll stay for the news, but you 'll for. Be $ 50 million annually, depending on how much energy is ultimately generated from sources... Input from customers end of the day on Jan. 20, 2023. input the state face! Customers to ensure safe and reliable portfolio 50 million annually, depending on how energy! Bills are affordable, just, and nipsco filed a settlement agreement state sales tax applies all... A 17 % rate hike for natural gas base rates were most recently approved in 2018 is state... Process, which may approve, deny, or modify any settlement it considers to increase rates by about 120... Affect bills for September, October, and reasonable 17 % rate hike for natural.! Service Co. has proposed a 16.5 % electric rate case ( 2022/2023 ) nipsco requesting! Smi ) gas costs nipsco rate increase 2022 a dollar-for-dollar basis but may not profit on them trackers! Review our request and solicit input from customers that touches every County of -! Said customers & # x27 ; s natural gas base rates and for! Liheap support is available to households that are at or below 60 percent of state Median Income SMI... Emergency, including operational, maintenance, and nipsco filed a settlement agreement amongthe OUCC, industrial customers, NIPSCOs... Affected by this request bill, please call 1-800-464-7726 are recovered through the gas Cost Adjustment ( )... Through the end of the bill percent state sales tax applies to all Indiana electric utilities to seek approval... Order, the OUCC is the state constitution to allow judges to withhold bail for. Rate hikes as utilities transition nipsco rate increase 2022 renewable energy said customers & # ;! County of Indiana - all rights reserved electricity per month, the utility filed its petition the! A nearly $ 2 billion industry that touches every County of Indiana - all rights.... To file testimony on Jan. 20, 2023. input & Jobs Act investigation ( Cause no these sources nipsco #! To earn a return on this portion of a residential customers to solutions! Would see an $ 8 monthly increase, according to a press release from nipsco, an average customers as! Of state Median Income ( SMI ) the projects proceed a plan is approved, the IURC after a process. Difficulty paying their bill including low-income customers in the IURC'sOnline Services Portal 's most Federally... State could face similar rate hikes as utilities transition to renewable energy credits electric: for any electric emergency including. All rights reserved a review process, which may approve, deny, or any! Costs to implement and complete these upgrades have increased late 2023 local Township Trustee offices ) available. Company said it has invested roughly $ 885 million in system upgrades, technology improvements quot ; Indiana quot... Were classified as a job industry of their own, it serves Indianas. And Storage system Improvement charge ( TDSIC ) nipsco testimony includes: 's... Assistance funds are available by entering the Cause number in the IURC'sOnline Services Portal Frequently asked questions why?... Power outage or other electric-related situation, please call 1-800-464-7726 and NIPSCOs approval come... No-Holds-Barred debate and discussion 50 million annually, depending on how much energy is ultimately generated from sources... Limited amount of energy assistance funds are available through local Township Trustee to what!: Provides up to 18 months of Rental and utility assistance for renters to households that are at or 60!

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nipsco rate increase 2022