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. 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 OUCC's Sept. 20, 2018 news release offers an overview of the agreement. NIPSCO's current gas TDSIC plan received Commission approval in July 2020. Customers can learn more and find out if they qualify ateap.ihcda.in.govor call 2-1-1. Customers can learn more and find out if they qualify ateap.ihcda.in.govor call 2-1-1. Accessibility Issues. Hoosiers "in the know" are getting their answers from the show that does the talking: "Indiana Week In Review." The total overall expected change represents an increase of $71.8 million annually. These costs comprise a significant portion of a residential bill and are recovered through the Gas Cost Adjustment (GCA) process. We currently forecast that benefit to be $50 million annually, depending on how much energy is ultimately generated from these sources. Written consumer comments must be submitted no later than January 13, 2023. All comments received before the deadline will be submitted as part of the OUCC's testimony and become part of the Commission's formal case record. As those remaining facilities are retired between 2026 and 2028, those costs will be eliminated. Visit NIPSCO.com/save to learn more. 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. 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. 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. Before adjusting rates to reflect the costs, a utility must demonstrate that it has shopped prudently in the competitive market. Electric: For any electric emergency, including a downed power line, power outage or other electric-related situation, please call 1-800-464-7726. The price raise would be would be phased in starting in late 2023. 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. 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 utilitys announcement said the latest rate increase would be phased in over time, beginning in late 2023 and going into 2024. Sep 29, 2021. 43629 GCA-63) received IURC approval on Aug. 30, 2022. New natural gas base rates and charges for NIPSCO have received IURC approval. The seven percent state sales tax applies to all Indiana electric utilities. NIPSCO has asked to increase rates by about $19 a month for the average resident. Copyright 2023 State of Indiana - All rights reserved. The OUCC's attorneys and technical experts are reviewing NIPSCO's request and are scheduled to file testimony on Jan. 20, 2023. 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 OUCC's attorneys and technical experts are reviewing NIPSCOs request and arescheduled to file testimony on Jan. 20, 2023. NIPSCO has prepared a detailed rate request that will be fully reviewed by the IURC. NIPSCO customers are encouraged to contact their local Township Trustee to see what help may be available. This change also revises the customer charge to approximately $16.33, which is a reduction from the $24.50 proposed. NIPSCO Electric Rate Case (2022/2023) NIPSCO is requesting a base rate increase for its electric utility. Electric: For any electric emergency, including a downed power line, power outage or other electric-related situation, please call 1-800-464-7726. ---------------------------------------------------------------------------------------------------. 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%. Consumers may also speak to the Commission, under oath, at an IURC public field hearing. There are short-term costs associated with this electric transition, which will deliver customer cost savings over the long term. The agreement is now pending before the IURC, which may approve, deny, or modify any settlement it considers. 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 bill would then rise to $133.43 under a new "tracker" or rate adjustment mechanism that would gradually raise rates beginning in July 2024. 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. The OUCC's monthly newsletter will provide additional updates. For example, a significant component of customer bills today is associated with the cost of purchasing coal to operate our coal-fired electric generating facilities estimated at $100 million annually. The Internet version of Northern Indiana Public Service Company's Electric Tariffs and Gas Tariffs is not the official version. State law allows natural gas and electric utilities to seek IURC approval of 5-to-7-year plans for infrastructure improvements. In addition to base rates, Indiana electric utilities recoverand credit separate, specificcosts through rate adjustment mechanisms known as "trackers." Accessibility
Township Trustees: A limited amount of energy assistance funds are available through local Township Trustee offices. Bill payment assistance programs, including support for vulnerable customers, as well as energy savings programs, continue to be available. A portion of this new program would be funded by NIPSCO. Yes. NIPSCO's natural gas base rates were most recently approved in 2018. McElmurry said as NIPSCO's coal plants retire, costs should go down because the utility will no longer pay for the cost of fuel. Electric: For any electric emergency, including a downed power line, power outage or other electric-related situation, please call 1-800-464-7726. 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.. 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. NIPSCO is a subsidiary of NiSource Inc. (NYSE:NI). 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. Contact reporter Rebecca atrthiele@iu.eduor follow her on Twitter at@beckythiele. Join the conversation and sign up for the Indiana Two-Way. The official copies are on file with the Company and the Indiana Utility Regulatory Commission ("IURC"), and copies are available through the IURC, 101 W. Washington Street, Suite 1500E, Indianapolis, IN 46204; telephone 1-800-851-4268. adjust rates every three months to recover changes in those costs, which can go up or down. Costs to implement and complete these upgrades have increased. How will residential customer bills change? 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. Over the last few years the company said it has invested roughly $885 million in system upgrades, technology improvements. NIPSCO is in the process of closing its coal-fired generating plants and switching to renewable like wind and solar power. As the current economic effects of inflation and the pandemic are being experienced, its important to know that help continues to be available. The request includes evidence to support the increase and demonstrate how it will benefit customers. 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. NIPSCO customers are encouraged to contact their local Township Trustee to see what help may be available. NIPSCO's natural gas rates are not affected by this request. 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. 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. Schahfer Generation Station subdocket (Cause No. 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. The utility wanted a $10 increase. NIPSCO is requesting a base rate increase for its electric utility. 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. Indiana law allows utilities to adjust rates every three months to recover changes in those costs, which can go up or down. NIPSCO testimony includes: NIPSCO's previous gas base rates were set in September 2018. This balanced outcome demonstrates a positive path toward continued investments in essential resources that will support safe operations, upgrading aging infrastructure and enhancing our customers experience.. This 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. NIPSCO's natural gas base rates were most recently approved in 2018. 43629 GCA-64) received IURC approval in November 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. 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. The price raise would be introduced in late 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. NIPSCO's most recent adjustment (Cause No. Copyright 2022 IPB News. 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. NIPSCO's natural gas base rates were most recently approved in 2018. 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 . NIPSCO current electric base rates received Commission approval in 2019. It says the last increase to the natural gas base rate was approved in 2018. Text "Indiana" to 73224. NIPSCO is proposing to phase in the rate increase over time, with the first rate increase impacting electric bills in September 2023. 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. 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 . 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. 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 price raise would be would be phased in starting in late 2023. Settings, Start voice
Trackers 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. Make sure to reference Cause Number 45621in your comments! The utility filed its petition and the following testimony in September 2021. 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. These costs comprise a significant portion of a residential bill and are recovered through the Gas Cost Adjustment (GCA) process. 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. Are getting their answers from the show that does the talking: `` Indiana Week Review. 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