nipsco rate increase 2022

OUCC testimony in NIPSCO's pending rate case is due Jan. 20, 2023. State law allows natural gas and electric utilities to seek IURC approval of 5-to-7-year plans for infrastructure improvements. 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. If a plan is approved, the utility may then seek incremental rate increases as the projects proceed. 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). NIPSCO's natural gas rates are not affected by this request. The OUCC's monthly newsletter will provide additional updates. 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 NIPSCO's request and are scheduled to file testimony on Jan. 20, 2023. NIPSCO has asked to increase rates by about $19 a month for the average resident. 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. For an overview of rate case steps, please see the OUCC's. Contact reporter Rebecca atrthiele@iu.eduor follow her on Twitter at@beckythiele. Electric: For any electric emergency, including a downed power line, power outage or other electric-related situation, please call 1-800-464-7726. Some Indiana Republicans want to change the state constitution to allow judges to withhold bail entirely for a lot more people. 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. Your comments and questions in response to our weekly text help us find the answers you need on statewide issues. 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. As those remaining facilities are retired between 2026 and 2028, those costs will be eliminated. The utilitys announcement said the latest rate increase would be phased in over time, beginning in late 2023 and going into 2024. 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. Natural gas rates are not at issue in this case. Settings, Start voice 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. State law allows natural gas and electric utilities to seek IURC approval of 5-to-7-year plans for infrastructure improvements. Base Rates Base rates made up about 87 percent of a typical NIPSCO residential electric bill as of July 2022. 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. 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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. Accessibility NIPSCO customers are encouraged to contact their local Township Trustee to see what help may be available. All dates are subject to change. Officials with the Indiana Office of Utility Consumer Counselor are inviting written consumer comments for the official case record regarding a proposed NIPSCO electric rate increase. Revenue from excess power generated by NIPSCOs renewable energy projects is factored into the energy use charges item on electricity bills, McElmurry said. Visit, https://www.in.gov/ihcda/homeowners-and-renters/rental-assistance/. It also is investing about $700 million in electric transmission and distribution systems upgrades, technology improvements, and safety and reliability initiatives, the utility said. 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. Copyright 2023 State of Indiana - All rights reserved. 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. Electric: For any electric emergency, including a downed power line, power outage or other electric-related situation, please call 1-800-464-7726. NIPSCO says this is to ensure safe and reliable gas service for the 850,000 customers, across 32 counties, it serves. The change would begin to occur by September 2023, with the remaining changes applied in March 2024 and July 2024. Horse racing is estimated to be a nearly $2 billion industry that touches every county of Indiana. The price raise would be would be phased in starting in late 2023. NIPSCO's, Indiana Office of Utility Consumer Counselor, Report 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. 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. As the current economic effects of inflation and the pandemic are being experienced, its important to know that help continues to be available. Natural gas utilities buy gas for their customers in a competitive wholesale market. Copyright 2023 State of Indiana - All rights reserved. There are short-term costs associated with this electric transition, which will deliver customer cost savings over the long term. Northern Indiana Public Service Co.s R.M. NIPSCO's natural gas base rates were most recently approved in 2018. This page will be updated based on case developments. Actual projected bill impacts for commercial and industrial customers may differ as it will depend on usage, rate type and class. Right now, its the only utility allowed to do so. ---------------------------------------------------------------------------------------------------. NIPSCO has prepared a detailed rate request that will be fully reviewed by the IURC. 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. The rate increase will need. As part of a state pilot program, CenterPoint Energy customers will be able to pay off the cost of its A.B. 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 is proposing to phase in the rate increase over time, with the first rate increase impacting electric bills in September 2023. Trackers State law allows natural gas and electric utilities to seek IURC approval of 5-to-7-year plans for infrastructure improvements. OUCC testimony in NIPSCOs pending rate case is due Jan. 20, 2023. 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. Additional parties that have intervened may also file testimony on Jan. 20, 2023. input. NIPSCO is a subsidiary of NiSource Inc. (NYSE:NI). New natural gas base rates and charges for NIPSCO have received IURC approval. NIPSCO's proposed increase would take effect in two phases, tacking on about $10 a month in average bills. 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. Most costs are recovered through the Transmission, Distribution, and Storage System Improvement Charge (TDSIC). An average residential customer pays about $120 now for using 668 kilowatt-hours of electricity per month, the NIPSCO announcement said. Most costs are recovered through the Transmission, Distribution, and Storage System Improvement Charge (TDSIC). Customers can learn more and enroll at NIPSCO.com/PaymentPlans. 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. 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. Township Trustees: A limited amount of energy assistance funds are available through local Township Trustee offices. 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. 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. 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. 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. Written consumer comments are invited through the end of the day on Jan. 13, 2023. CAC did not sign onto the settlement agreement, but also did not oppose it. The seven percent state sales tax applies to all Indiana electric utilities. 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. Additional information can be found at https://www.in.gov/ihcda/homeowners-and-renters/rental-assistance/. NIPSCO's most recent adjustment (Cause No. Over the last few years the company said it has invested roughly $885 million in system upgrades, technology improvements. 43629 GCA-64) received IURC approval in November 2022. 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. The OUCC'stimeline outlines the steps in the process. (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. 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 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. NIPSCO's current gas TDSIC plan received Commission approval in July 2020. 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 opened this wind farm in White County in Nov. 2021. These are the issues of immediate importance we are working on right now. (WISH) Northern Indiana Public Service Co. has proposed a 16.5% electric rate increase over two years, the company announced Monday. 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. Settings, Start voice The OUCC's attorneys and technical experts are reviewing NIPSCOs request and arescheduled to file testimony on Jan. 20, 2023. In testimony filed on Jan. 20, 2022, the OUCC recommended limiting the increase to $56.4 million. NIPSCO opened this wind farm in White County in Nov. 2021. adjust rates every three months to recover changes in those costs, which can go up or down. Tell the Office of Utility Consumer Counselor tofight for residential customers to ensure that monthly bills are affordable, just, and reasonable. Even worse, NIPSCO wants to increase the fixed charge on their monthly natural gas bills by 75% (from $14 to $24.50). Tim Zorn is a freelance reporter for the Post-Tribune. 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. It said the proposed rate increase would add about $19 a month for the average customer. NIPSCO on Wednesday asked the Indiana Utility Regulatory Commission to approve a 17% rate hike for natural gas. 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. 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. To see more, visit. For more information on bill assistance, customers can visit NIPSCO.com/FinancialSupport. https://www.in.gov/ihcda/homeowners-and-renters/rental-assistance/. Yes. Where can I find out more information? NIPSCO's most recent adjustment (Cause No. 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 IURC will conduct a thorough review, including chances for the public to say how the proposed rates would affect them, before making a decision. In addition to offering a variety of payment assistance options, NIPSCO offers a number of energy efficiency programs to help lower energy usage and bills. 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. According to a press release from NIPSCO, an average. This process is called a rate case, and NIPSCOs approval must come from the Indiana Utility Regulatory Commission (IURC). 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. Before adjusting rates to reflect the costs, a utility must demonstrate that it has shopped prudently in the competitive market. It can take approximately 10 months before the IURC reaches a decision. NIPSCOs last request to change electric rates was in 2018. Schahfer Generation Station subdocket (Cause No. The OUCC's Sept. 20, 2018 news release offers an overview of the agreement. The program opens on October 1 for online and mail-in applications. A Commission order is expected in the summer of 2023. Electric: For any electric emergency, including a downed power line, power outage or other electric-related situation, please call 1-800-464-7726. The proposed settlement would allow NIPSCO Gas to raise rates by approximately $71.8 million, which is $37.9 million less than NIPSCO requested. For further information on the components of your monthly electric bill, please visit NIPSCO.com/mybill. NIPSCO also is investing about $700 million in electric transmission and distribution systems upgrades, technology improvements, and safety and reliability initiatives, the utility said. Township Trustees: A limited amount of energy assistance funds are available through local Township Trustee offices. Public comments are invited as explained below. Consumers may also speak to the Commission, under oath, at an IURC public field hearing. A ruling from the IURC is expected in the summer of 2022. 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 proposed settlement would allow NIPSCO Gas to raise rates by approximately $71.8 million, which is $37.9 million less than NIPSCO requested. The increase would likely be phased in over two steps, starting no sooner than September 1, 2022. NIPSCO's natural gas base rates were most recently approved in 2018. Our last request to change electric rates was in 2018. NIPSCO opened this wind farm in White County in Nov. 2021. 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. 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. 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. 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 Electric Rate Case (2022/2023) NIPSCO is requesting a base rate increase for its electric utility. Accessibility Issues. 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. Written consumer comments must be submitted no later than January 13, 2023. Visit NIPSCO.com/save to learn more. Hoosiers "in the know" are getting their answers from the show that does the talking: "Indiana Week In Review." In therate case order, the IURC approved a settlement agreement amongthe OUCC, industrial customers, and NIPSCO. JULY 2022 FINAL ORDER: On July 27, 2022, the IURC approved the settlement agreement filed in March. These costs comprise a significant portion of a residential bill and are recovered through the Gas Cost Adjustment (GCA) process. This change also revises the customer charge to approximately $16.33, which is a reduction from the $24.50 proposed. Electric: For any electric emergency, including a downed power line, power outage or other electric-related situation, please call 1-800-464-7726. 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. 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 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. NIPSCO offers a variety of options for customers who are having difficulty paying their bill including low-income 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. Copyright 2023 State of Indiana - All rights reserved. The transition includes renewable energy generation, which represents approximately $840 million in new investments through 2023. Thats why we work hard to continually improve service, manage costs and keep customers safe. NIPSCO said customers' overall gas bills would include a fixed monthly. Accessibility LIHEAP Program: LIHEAP support is available to households that are at or below 60 percent of State Median Income (SMI). The rate request was filed Monday, Sept. 19, with the Indiana Utility Regulatory Commission. 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. NIPSCO and other gas utilities may also recover federally required pipeline safety costs through a rate tracker. 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. 2. 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 Internet version of Northern Indiana Public Service Company's Electric Tariffs and Gas Tariffs is not the official version. Accessibility Sep 29, 2021. NIPSCO testimony includes: NIPSCO's previous gas base rates were set in September 2018. The Emergency Rental Assistance Program (IERA): Provides up to 18 months of rental and utility assistance for renters. To compareaveragenatural gas bills, see the IURC's monthly residential surveys. 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. ----------------------------------- 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. Northern Indiana Public Service Company (NIPSCO) provides natural gas service in 32 counties. 2017 Tax Cuts & Jobs Act investigation (Cause No. 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. Only public comments will be taken and no presentation is planned by the utility company. NIPSCO is in the process of closing its coal-fired generating plants and switching to renewable like wind and solar power. Visit NIPSCO.com/Save for more information on available programs and other ways to save. NIPSCO is transitioning to a more balanced and reliable portfolio. Yes. Electric: For any electric emergency, including a downed power line, power outage or other electric-related situation, please call 1-800-464-7726. If a plan is approved, the utility may then seek incremental rate increases as the projects proceed. - Northern Indiana Public Service Company LLC, or NIPSCO, is raising its natural gas rates starting Sept. 1. The utility's announcement said the latest rate increase would be phased in over time, beginning in late 2023 and going into 2024. 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. The recommendations would have set the monthly residential customer service charge at $15.75, with a $59.75 charge for small commercial customers. 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. (Ben Thorpe) The northern Indiana utility NIPSCO wants to raise rates to pay for new renewable energy projects, but some of the money . All dates are subject to change, and a settlement is possible in any Commission case. Electric: For any electric emergency, including a downed power line, power outage or other electric-related situation, please call 1-800-464-7726. Being experienced, its important to know that help continues to be available and going into 2024 opened... Nipsco and other gas utilities buy gas for their customers in a competitive market. The Internet version of Northern Indiana nipsco rate increase 2022 service company LLC, or nipsco an. Oppose it you need on statewide issues of the day on Jan. 20 2023. Industrial customers may differ as it will depend on usage, rate and! `` in the summer of 2023 in September 2018 paying their bill including low-income customers service company electric... 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