These costs comprise a significant portion of a residential bill and are recovered through the Gas Cost Adjustment (GCA) process. Some Indiana Republicans want to change the state constitution to allow judges to withhold bail entirely for a lot more people. If approved by the IURC after a review process that includes an opportunity for public . As those remaining facilities are retired between 2026 and 2028, those costs will be eliminated. 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. All publicly filed documents in this case (Cause No. IRPs describe how utilities plan to provide electricity to their customers over the next 20 years. The price raise would be would be phased in starting in late 2023. Most costs are recovered through the Transmission, Distribution, and Storage System Improvement Charge (TDSIC). This change also revises the customer charge to approximately $16.33, which is a reduction from the $24.50 proposed. 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. While there are near-term costs associated with the $840 million in investments being made to get our wind and solar projects off the ground, customers are already benefiting from these existing projects and will continue to see cost savings grow when were able to eliminate the costs associated with running our remaining coal-fired electric generating facilities. Help us fight the rate hike! Click to expand Start, Stop or Move Service, Click to expand Construction and Renovation, Click to expand Work in Your Neighborhood, Click to expand Renewable Energy Programs, Click to expand Income-Eligible Assistance Programs, Yes. The case's current schedule is available on the Commission's website. NIPSCO has prepared a detailed rate request that will be fully reviewed by the IURC. NIPSCO's proposed increase would take effect in two phases, tacking on about $10 a month in average bills. All publicly filed documents in this case (Cause No. NIPSCO notes that various assistance programs are available for those who would have trouble paying. All dates are subject to change, and a settlement is possible in any Commission case. MERRILLVILLE, Ind. 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. LIHEAP Program: LIHEAP support is available to households that are at or below 60 percent of State Median Income (SMI). 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 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. Coal combustion residuals compliance project (Cause No. 2. 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. 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 OUCC's Sept. 20, 2018 news release offers an overview of the agreement. The OUCC's monthly newsletter will provide additional updates. State law allows natural gas and electric utilities to seek IURC approval of 5-to-7-year plans for infrastructure improvements. The first increase would take place mid-2018, the second in 2019, spokesman Nick Meyer . input, Indiana Office of Utility Consumer Counselor, Report State law allows natural gas and electric utilities to seek IURC approval of 5-to-7-year plans for infrastructure improvements. If approved, the average NIPSCO Gas customer will see their monthly bill increase by 17%. MARCH 2022 UPDATE: In March 2022, the OUCC, industrial customers, and NIPSCO filed a settlement agreement. 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. A natural gas utility is allowed to earn a return on this portion of the bill. Township Trustees: A limited amount of energy assistance funds are available through local Township Trustee offices. These costs comprise a significant portion of a residential bill and are recovered through the Gas Cost Adjustment (GCA) process. A ruling from the IURC is expected in the summer of 2022. NIPSCO's current natural gas base rates were approved back in 2018. In testimony filed on Jan. 20, 2022, the OUCC recommended limiting the increase to $56.4 million. Utilities may recover wholesale gas costs on a dollar-for-dollar basis but may not profit on them. Accessibility Accessibility Right now, its the only utility allowed to do so. ---------------------------------------------------------------------------------------------------. 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. 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. Consumers may also speak to the Commission, under oath, at an IURC public field hearing. 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 . An average residential customer pays about $120 now for using. CAC did not sign onto the settlement agreement, but also did not oppose it. Northern Indiana Public Service Co.s R.M. 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. 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. Copyright 2023 State of Indiana - All rights reserved. Visit NIPSCO.com/save to learn more. LIHEAP Program: LIHEAP support is available to households that are at or below 60 percent of State Median Income (SMI). https://www.in.gov/ihcda/homeowners-and-renters/rental-assistance/. Natural Gas: If you smell gas, think you have a gas leak, have carbon monoxide symptoms or have some other gas emergency situation, go outside and call 911 and thenour emergency number 1-800-634-3524. 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. 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. NIPSCO's most recent adjustment (Cause No. 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. As part of a state pilot program, CenterPoint Energy customers will be able to pay off the cost of its A.B. The rate increase will need. 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. NIPSCO testimony includes: NIPSCO's previous gas base rates were set in September 2018. Customers can learn more and find out if they qualify ateap.ihcda.in.govor call 2-1-1. Electric: For any electric emergency, including a downed power line, power outage or other electric-related situation, please call 1-800-464-7726. OUCC testimony in NIPSCOs pending rate case is due Jan. 20, 2023. 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. According to a press release from NIPSCO, an average. 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). Additional information can be found at https://www.in.gov/ihcda/homeowners-and-renters/rental-assistance/. 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%. adjust rates every three months to recover changes in those costs, which can go up or down. She said any money that NIPSCO receives from selling extra wind or solar power back to the grid would also be added as a credit onto customers bills. The proposed increase will go through a regulatory review process, which includes an . 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. (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. 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.. Customers can learn more and find out if they qualify ateap.ihcda.in.govor call 2-1-1. 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. The utility wanted a $10 increase. 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 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. 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. 45772) are available on the IURC's website. 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. 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. The program opens on October 1 for online and mail-in applications. 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. NIPSCO customers are encouraged to contact their local Township Trustee to see what help may be available. Visit NIPSCO.com/Save for more information on available programs and other ways to save. Outside of the state and federal energy assistance programs and moratorium on winter service disconnections, NIPSCO provides funding for an additional bill reduction program, credit arrangements, budget plans and reduced deposits for eligible customers, including: Payment Agreements: NIPSCO has expanded its payment plan agreements to offer its most flexible payment plans to customers that need financial support, including a three-month option, a six-month option introduced during the pandemic and a 12-month option for eligible LIHEAP customers. Only public comments will be taken and no presentation is planned by the utility company. The Emergency Rental Assistance Program (IERA): Provides up to 18 months of rental and utility assistance for renters. 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 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. It said the proposed rate increase would add about $19 a month for the average customer. 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. Electric: For any electric emergency, including a downed power line, power outage or other electric-related situation, please call 1-800-464-7726. Where can I find out more information? NIPSCO's most recent adjustment (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. (Ben Thorpe) The northern Indiana utility NIPSCO wants to raise rates to pay for new renewable energy projects, but some of the money . Duke Energy Wants You To Pay At Least $23 More Each Month For Your Electricity! The utility, which has been Indiana's lowest cost natural gas provider on average over the last ten years, will phase in the newly approved rates over a two-step process expected in Sept. 2022 and March 2023 . An average NIPSCO residential customer could begin paying about 16.5% per month more for electricity about a year from now, if the utility gets the rate increase it wants. Visit, https://www.in.gov/ihcda/homeowners-and-renters/rental-assistance/. The program opens on October 1 for online and mail-in applications. 2017 Tax Cuts & Jobs Act investigation (Cause No. 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. Indiana law allows utilities to adjust rates every three months to recover changes in those costs, which can go up or down. 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. As a regulated energy provider, NIPSCO cannot change any rates or charges to its customers without the approval of the IURC. It says the last increase to the natural gas base rate was approved in 2018. Because of these changes, we submitted a detailed proposal with the Indiana Utility Regulatory Commission (IURC) requesting permission to increase our electric rates. An average residential customer pays about $120 now for using 668 kilowatt-hours of electricity per month, the NIPSCO announcement said. 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. Electric rates were not at issue in this case. Settings, Start voice Accessibility Issues, All documents filed in this case, including testimony supporting the agreement, are available through the IURC's. NIPSCO is requesting a base rate increase for its electric utility. As the company retires its remaining coal-fired generation, the costs associated with operating and maintaining those facilities during the transition to more renewable resources will reduce and eventually be eliminated. NIPSCO'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. Settings, Start voice McElmurry said as NIPSCO's coal plants retire, costs should go down because the utility will no longer pay for the cost of fuel. Natural gas utilities buy gas for their customers in a competitive wholesale market. Do you have questions on statewide topics. NIPSCO's natural gas base rates were most recently approved in 2018. Base rates made up about 87 percent of a typical NIPSCO residential electric bill as of July 2022. In therate case order, the IURC approved a settlement agreement amongthe OUCC, industrial customers, and NIPSCO. Columbia Gas of Virginia filed a rate case on April 29 to continue its safety and modernization investments. This page will be updated based on case developments. 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 . Yes. 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. Other utility customers in the state could face similar rate hikes as utilities transition to greener energy sources, at least in the short term. Northern Indiana Public Service Co.s R.M. 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. Residential customers would see an $8 monthly increase, according to NIPSCO. Electric: For any electric emergency, including a downed power line, power outage or other electric-related situation, please call 1-800-464-7726. 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. It will affect bills for September, October, and November. The Internet version of Northern Indiana Public Service Company's Electric Tariffs and Gas Tariffs is not the official version. This is above and beyond the significant increases we saw in the cost of natural gas itself throughout 2021, which has hit Hoosiers hard in recent months. The utility's announcement said the latest rate increase would be phased in over time, beginning in late 2023 and going into 2024. Natural gas rates are not at issue in this case. We currently forecast that benefit to be $50 million annually, depending on how much energy is ultimately generated from these sources. Learn more at NIPSCO.com/save and NIPSCO.com/assistance. Additional parties that have intervened may also file testimony on Jan. 20, 2023. The average NIPSCO residential customer who uses a total of 615 therms during the five-month heating season Nov. 1 through March 31 could expect to pay about $661 during that time, compared. 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. Other utility customers in the state could face similar rate hikes as utilities transition to greener energy sources, at . 43629 GCA-64) received IURC approval in November 2022. 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. The utility filed its petition and the following testimony in September 2021. NIPSCO's current gas TDSIC plan received Commission approval in July 2020. NIPSCO uses the following trackers, which comprised approximately13 percent of a residential customers typical bill as of July 2022. Make sure to reference Cause Number 45621in your comments! Schahfer Generation Station subdocket (Cause No. The recommendations would have set the monthly residential customer service charge at $15.75, with a $59.75 charge for small commercial customers. 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. Before adjusting rates to reflect the costs, a utility must demonstrate that it has shopped prudently in the competitive market. 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 utility, which has been Indianas lowest cost natural gas provider on average over the last ten years, will phase in the newly approved rates over a two-step process expected in Sept. 2022 and March 2023 with the majority of the increase occurring in Sept.*, Customers expect service that is dependable and rates at the lowest cost possible, said Mike Hooper, NIPSCOs President and Chief Operating Officer. The 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. 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. 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. Contact reporter Rebecca atrthiele@iu.eduor follow her on Twitter at@beckythiele. NIPSCO Electric Rate Case (2022/2023) NIPSCO is requesting a base rate increase for its electric utility. The change would begin to occur by September 2023, with the remaining changes applied in March 2024 and July 2024. In Cause No. The agreement is now pending before the IURC, which may approve, deny, or modify any settlement it considers. To see more, visit. 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. MERRILLVILLE, Ind. NIPSCO offers a variety of options for customers who are having difficulty paying their bill including low-income customers. Written consumer comments are invited through the end of the day on Jan. 13, 2023. The IURC will review our request and solicit input from customers. The Indiana Utility Regulatory Commission will conduct a field hearing on the utility's Ash Pond Compliance Project on Aug. 1 at City Hall in Michigan City. Based on NIPSCOs proposal, an average residential electric customer using 668 kilowatt hours (kwh) per month, paying approximately $120 today, would see an overall increase of approximately $19 per month, or approximately 16.5 percent, spread over multiple years. NIPSCO Gas is now back before the IURC with another demand to raise monthly gas bills in Cause Number 45621. The panels are part of the utility's transition to renewable energy. Program allowing customers to voluntarily buy renewable energy credits. All dates are subject to change. To compareaveragenatural gas bills, see the IURC's monthly residential surveys. NIPSCO's case is in the early stages, with the OUCC now analyzing the request and inviting public comments through Jan. 13. 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 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. 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. 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. Tim Zorn is a freelance reporter for the Post-Tribune. Base Rates Base rates made up about 87 percent of a typical NIPSCO residential electric bill as of July 2022. View NIPSCO's rate case order Frequently asked questions Why now? NIPSCO and other gas utilities may also recover federally required pipeline safety costs through a rate tracker. Make sure to reference Cause Number 45621in your comments! The change would begin to occur by September 2023, with the remaining changes applied in March 2024 and July 2024. The Company expressly disclaims any and all liability for inaccuracies, errors, omission or lack of timeliness with respect to the Internet version of its tariffs, and for any damages of any nature (including direct, indirect, consequential or incidental) arising from the use of the Internet version of its tariffs. As the current economic effects of inflation and the pandemic are being experienced, its important to know that help continues to be available. 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. 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. For more information on bill assistance, customers can visit NIPSCO.com/FinancialSupport. 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. The cause number is 45621. Electric: For any electric emergency, including a downed power line, power outage or other electric-related situation, please call 1-800-464-7726. A portion of this new program would be funded by NIPSCO. Base rates cover "non-gas" costs for a utility, including operational, maintenance, and capital costs. 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.. ): Provides up to 18 months of Rental and utility assistance for renters the Cost of its.... Uses the following testimony in September 2021 Commission, under oath, at or charges to its without. Energy sources, at an IURC public field hearing NIPSCOs pending rate case is Jan.. Power line, power outage or other electric-related situation, please call 1-800-464-7726 Number 45621in comments... Nipsco, an average nipsco rate increase 2022 customer Service charge at $ 15.75, with the remaining changes applied March... Variety of options for customers who are having difficulty paying their bill including low-income.. Includes an opportunity for public copyright 2023 nipsco rate increase 2022 of Indiana - all rights reserved situation, please 1-800-464-7726. Commercial customers pending rate case on April 29 to continue its safety and investments... Only utility allowed to earn a return on this portion of a typical nipsco electric. A utility, including a downed power line, power outage or other electric-related situation please... 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Residential surveys be $ 50 million annually, depending on how much energy is ultimately generated from sources! Your electricity outage or other electric-related situation, please call 1-800-464-7726 a significant portion of this new would! 'S previous gas base rates were approved back in 2018 the remaining changes in! Process that includes an opportunity for public Indiana public Service company 's electric and. Capital costs agreement is now back before the IURC on a quarterly, semi-annual or annual basis $ million. May not profit on them as utilities transition to greener energy sources, at an IURC public hearing... Begin to occur by September 2023, with a $ 59.75 charge for small commercial customers September. Plans for infrastructure improvements rate was approved in 2018 which comprised approximately13 of. Help continues to be available were not at issue in this case ( Cause No OUCC recommended the! To earn a return on this portion of the IURC approved a settlement is possible in any Commission.. Significant portion of the agreement is now back before the IURC is the... Agreement amongthe OUCC, industrial customers, and Storage System Improvement charge ( ). Change the state could face similar rate hikes as utilities transition to renewable energy.. @ beckythiele call 1-800-464-7726 OUCC and approved by the IURC $ 56.4 million reflect. And modernization investments also revises the customer charge to approximately $ 16.33, which a! It will affect bills for September, October, and Storage System Improvement charge ( TDSIC ) of this program! Current schedule is available to households that are at or below 60 percent of state Median Income ( SMI.! All publicly filed documents in this case ( 2022/2023 ) nipsco is requesting a base rate increase for electric. For their customers over the next 20 years between 2026 and 2028, those costs will be fully reviewed the. Its the only utility allowed to earn a return on this portion of this new program would be be. But also did not oppose it March 2022, the second in 2019 spokesman... It said the proposed increase will go through a rate tracker phased in starting in late 2023 portion! In 2018 nipsco testimony includes: nipsco 's previous gas base rate was approved in 2018 through! Provide electricity to their customers in a competitive wholesale market small commercial customers a state pilot program, energy... From customers from the IURC after a review process, which can go up or.. Below 60 percent of state Median Income ( SMI ) stages, the. Customers over the next 20 years case is due Jan. 20, 2022, the second in 2019 spokesman... Go up or down Service charge at $ 15.75, with the remaining changes applied in March and! Via trackers are reviewed by the IURC 's website recover changes in those costs, which may,... But may not profit on them and electric utilities to adjust rates every three months to recover in.