Because of these changes, we submitted a detailed proposal with the Indiana Utility Regulatory Commission (IURC) requesting permission to increase our electric rates. The agreement will allow for an increase of approximately $71.8 million, a decrease of $37.9 million from the utility's request. Most costs are recovered through the Transmission, Distribution, and Storage System Improvement Charge (TDSIC). 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. The utility filed its petition and the following testimony in September 2021. Customers can learn more and enroll at NIPSCO.com/PaymentPlans. NIPSCO's current gas TDSIC plan received Commission approval in July 2020. 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. NIPSCO uses the following trackers, which comprised approximately13 percent of a residential customers typical bill as of July 2022. 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. 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. 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. All dates are subject to change. Program allowing customers to voluntarily buy renewable energy credits. Only public comments will be taken and no presentation is planned by the utility company. https://www.in.gov/ihcda/homeowners-and-renters/rental-assistance/. 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 offers a variety of options for customers who are having difficulty paying their bill including low-income customers. The utilitys announcement said the latest rate increase would be phased in over time, beginning in late 2023 and going into 2024. 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. 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. You may tune in for the news, but you'll stay for the no-holds-barred debate and discussion. To compareaveragenatural gas bills, see the IURC's monthly residential surveys. The case seeks an increase in annual revenues of approximately $58.2 million. OUCC testimony in NIPSCO's pending rate case is due Jan. 20, 2023. A portion of this new program would be funded by NIPSCO. - Northern Indiana Public Service Company LLC, or NIPSCO, is raising its natural gas rates starting Sept. 1. It can take approximately 10 months before the IURC reaches a decision. input, Current base rates for NIPSCO's electric utility were, Indiana Office of Utility Consumer Counselor, Coal ash compliance project: Michigan City, Trackers under its approved 7-year infrastructure plan, IURC survey of residential electric bills, Report Customers can learn more and find out if they qualify ateap.ihcda.in.govor call 2-1-1. Additional parties that have intervened may also file testimony on Jan. 20, 2023. NIPSCOs natural gas rates are not affected by this request. NIPSCOs last request to change electric rates was in 2018. The utility's initial request would have increased overall annual revenues by $109.7 million (per. Copyright 2023 State of Indiana - All rights reserved. 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. Base rates made up about 87 percent of a typical NIPSCO residential electric bill as of July 2022. 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. NIPSCO's most recent adjustment (Cause No. State law allows natural gas and electric utilities to seek IURC approval of 5-to-7-year plans for infrastructure improvements. Electric: For any electric emergency, including a downed power line, power outage or other electric-related situation, please call 1-800-464-7726. 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. 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. The price raise would be would be phased in starting in late 2023. These costs comprise a significant portion of a residential bill and are recovered through the Gas Cost Adjustment (GCA) process. In addition to base rates, Indiana electric utilities recoverand credit separate, specificcosts through rate adjustment mechanisms known as "trackers." 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 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. These costs comprise a significant portion of a residential bill and are recovered through the Gas Cost Adjustment (GCA) process. Electric: For any electric emergency, including a downed power line, power outage or other electric-related situation, please call 1-800-464-7726. 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. Electric: For any electric emergency, including a downed power line, power outage or other electric-related situation, please call 1-800-464-7726. Coal combustion residuals compliance project (Cause No. CAC did not sign onto the settlement agreement, but also did not oppose it. 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. As those remaining facilities are retired between 2026 and 2028, those costs will be eliminated. 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. McElmurry said as NIPSCO's coal plants retire, costs should go down because the utility will no longer pay for the cost of fuel. Current base rates for NIPSCO's electric utility were approved in 2019. The OUCC's attorneys and technical experts are reviewing NIPSCOs request and arescheduled to file testimony on Jan. 20, 2023. 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. MARCH 2022 UPDATE: In March 2022, the OUCC, industrial customers, and NIPSCO filed a settlement agreement. NIPSCO's natural gas base rates were most recently approved in 2018. 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. 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. We are also in the process of a multiyear initiative to close our coal-fired generating stations and replace them with more efficient and sustainable sources of renewable generation such as solar, wind and battery storage. Columbia Gas of Virginia filed a rate case on April 29 to continue its safety and modernization investments. Hoosiers "in the know" are getting their answers from the show that does the talking: "Indiana Week In Review." Learn more about NIPSCOs rates at NIPSCO.com/2022gasrates. 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. Horse racing is estimated to be a nearly $2 billion industry that touches every county of Indiana. Contact reporter Rebecca atrthiele@iu.eduor follow her on Twitter at@beckythiele. Bill payment assistance programs, including support for vulnerable customers, as well as energy savings programs, continue to be available. NIPSCO opened this wind farm in White County in Nov. 2021. The recommendations would have set the monthly residential customer service charge at $15.75, with a $59.75 charge for small commercial customers. 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. 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. 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). 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. The OUCC'stimeline outlines the steps in the process. Brown coal plant over a longer period of time and at a lower rate. 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. adjust rates every three months to recover changes in those costs, which can go up or down. The June 2021 . NIPSCO is in the process of closing its coal-fired generating plants and switching to renewable like wind and solar power. 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. Public comments are invited as explained below. NIPSCO is a subsidiary of NiSource Inc. (NYSE:NI). The program opens on October 1 for online and mail-in applications. For an overview of rate case steps, please see the OUCC's. The OUCC's attorneys and technical experts are reviewing NIPSCO's request and are scheduled to file testimony on Jan. 20, 2023. NIPSCO is proposing to phase in the rate increase over time, with the first rate increase impacting electric bills in September 2023. NIPSCO customers are encouraged to contact their local Township Trustee to see what help may be available. 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