nipsco rate increase 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. Copyright 2023 State of Indiana - All rights reserved. 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. Make sure to reference Cause Number 45621in your comments! 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 panels are part of the utility's transition to renewable energy. The recommendations would have set the monthly residential customer service charge at $15.75, with a $59.75 charge for small commercial customers. NIPSCO customers are encouraged to contact their local Township Trustee to see what help may be available. If approved by the IURC after a review process that includes an opportunity for public . Electric: For any electric emergency, including a downed power line, power outage or other electric-related situation, please call 1-800-464-7726. 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. 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. 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. This estimated change . Your comments and questions in response to our weekly text help us find the answers you need on statewide issues. Visit NIPSCO.com/Save for more information on available programs and other ways to save. 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. Customers can learn more and enroll at NIPSCO.com/PaymentPlans. Electric: For any electric emergency, including a downed power line, power outage or other electric-related situation, please call 1-800-464-7726. - Northern Indiana Public Service Company LLC, or NIPSCO, is raising its natural gas rates starting Sept. 1. Customers depend on a reliable and safe electric service at a fair price. 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. 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%. Accessibility Issues, Transmission, Distribution & Storage System Improvement Charge (TDSIC), Capacity resources needed for system reliability, Participation in Midcontinent IndependentTransmission System Operator (MISO). You may tune in for the news, but you'll stay for the no-holds-barred debate and discussion. 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. Electric: For any electric emergency, including a downed power line, power outage or other electric-related situation, please call 1-800-464-7726. NIPSCO uses the following trackers, which comprised approximately13 percent of a residential customers typical bill as of July 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. NIPSCO's natural gas rates are not affected by this request. All publicly filed documents in this case (Cause No. Coal combustion residuals compliance project (Cause No. For an overview of rate case steps, please see the OUCC's. NIPSCO opened this wind farm in White County in Nov. 2021. The case's current schedule is available on the Commission's website. NIPSCO and other gas utilities may also recover federally required pipeline safety costs through a rate tracker. 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. If Indianas remote workers were classified as a job industry of their own, it would be the largest industry in the states history. How will residential customer bills change? Tell the Office of Utility Consumer Counselor tofight for residential customers to ensure that monthly bills are affordable, just, and reasonable. State law allows natural gas and electric utilities to seek IURC approval of 5-to-7-year plans for infrastructure improvements. Make sure to reference Cause Number 45621in your comments! The agreement is now pending before the IURC, which may approve, deny, or modify any settlement it considers. This change also revises the customer charge to approximately $16.33, which is a reduction from the $24.50 proposed. 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. 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. Visit NIPSCO.com/save to learn more. Base rates cover "non-gas" costs for a utility, including operational, maintenance, and capital costs. The panels are part of the utility's transition to renewable energy. 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. 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). Sep 29, 2021. NIPSCO customers are encouraged to contact their local Township Trustee to see what help may be available. 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. 43629 GCA-63) received IURC approval on Aug. 30, 2022. It says the last increase to the natural gas base rate was approved in 2018. 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. Bill payment assistance programs are available for customers experiencing financial difficulties including low-income customers. NIPSCO current electric base rates received Commission approval in 2019. 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. NIPSCO's natural gas base rates were most recently approved in 2018. 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. It is our goal to work with customers to identify solutions. Additional information can be found at https://www.in.gov/ihcda/homeowners-and-renters/rental-assistance/. Accessibility The utility's announcement said the latest rate increase would be phased in over time, beginning in late 2023 and going into 2024. The investments were making provide direct benefits to all our customers, the communities we serve and the local economy, said Mike Hooper, NIPSCO president. It will affect bills for September, October, and November. Duke Energy Wants You To Pay At Least $23 More Each Month For Your Electricity! Brown coal plant over a longer period of time and at a lower rate. Yes. NIPSCO has asked to increase rates by about $19 a month for the average resident. 43629 GCA-64) received IURC approval in November 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. NIPSCOs 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. NIPSCO said customers' overall gas bills would include a fixed monthly. 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. 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. 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. NIPSCO's proposed increase would take effect in two phases, tacking on about $10 a month in average bills. The Emergency Rental Assistance Program (IERA): Provides up to 18 months of rental and utility assistance for renters. In testimony filed on Jan. 20, 2022, the OUCC recommended limiting the increase to $56.4 million. NIPSCO has asked to increase rates by about $19 a month for the average resident. Over the last few years the company said it has invested roughly $885 million in system upgrades, technology improvements. All filings are available by entering the cause number in the IURC'sOnline Services Portal. 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'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. MARCH 2022 UPDATE: In March 2022, the OUCC, industrial customers, and NIPSCO filed a settlement agreement. 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. OUCC testimony in NIPSCOs pending rate case is due Jan. 20, 2023. It also is investing about $700 million in electric transmission and distribution systems upgrades, technology improvements, and safety and reliability initiatives, the utility said. NIPSCO's, Indiana Office of Utility Consumer Counselor, Report NIPSCO's current gas TDSIC plan received Commission approval in July 2020. 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 also is investing about $700 million in electric transmission and distribution systems upgrades, technology improvements, and safety and reliability initiatives, the utility said. MERRILLVILLE, Ind. 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. (Ben Thorpe) The northern Indiana utility NIPSCO wants to raise rates to pay for new renewable energy projects, but some of the money . Hoosiers "in the know" are getting their answers from the show that does the talking: "Indiana Week In Review." 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 proposed settlement would allow NIPSCO Gas to raise rates by approximately $71.8 million, which is $37.9 million less than NIPSCO requested. 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. 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 Revenue from excess power generated by NIPSCOs renewable energy projects is factored into the energy use charges item on electricity bills, McElmurry said. 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. 45772) are available on the IURC's website. The total overall expected change represents an increase of $71.8 million annually. NIPSCO is transitioning to a more balanced and reliable portfolio. 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. MICHIGAN CITY - Residents who want to speak up on NIPSCO's removal of coal ash from its Michigan City Generating Station - and proposed rate increases to cover the cost - won't have to go far. New natural gas base rates and charges for NIPSCO have received IURC approval. 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 is a subsidiary of NiSource Inc. (NYSE:NI). NIPSCO offers a variety of options for customers who are having difficulty paying their bill including low-income customers. The price raise would be would be phased in starting in late 2023. 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. Settings, Start voice 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 change would begin to occur by September 2023, with the remaining changes applied in March 2024 and July 2024. NIPSCO Electric Rate Case (2022/2023) NIPSCO is requesting a base rate increase for its electric utility. Tim Zorn is a freelance reporter for the Post-Tribune. 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. (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. 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. 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. This process is called a rate case, and NIPSCOs approval must come from the Indiana Utility Regulatory Commission (IURC). 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. NIPSCO's natural gas base rates were most recently approved in 2018. 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 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). If a plan is approved, the utility may then seek incremental rate increases as the projects proceed. NIPSCO is proposing to phase in the rate increase over time, with the first rate increase impacting electric bills in September 2023. FORT WAYNE, Ind. Our last request to change electric rates was in 2018. Northern Indiana Public Service Company (NIPSCO) provides natural gas service in 32 counties. The request includes evidence to support the increase and demonstrate how it will benefit 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. Unlike most companies, which can change the price of their product/service without outside approval, regulated energy providers like NIPSCO must submit a detailed request to change their rates. 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 The OUCC'stimeline outlines the steps in the process. Do you have questions on statewide topics. (Andy Lavalley for the Post-Tribune) (Post-Tribune). Customers can learn more and find out if they qualify ateap.ihcda.in.govor call 2-1-1. Thats why we work hard to continually improve service, manage costs and keep customers safe. 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. NIPSCO opened this wind farm in White County in Nov. 2021. According to a press release from NIPSCO, an average. Other Customer Benefits Associated with This Rate Increase Request: NIPSCO seeks to further its commitment to customers in several ways, including: Proposing new bill payment assistance programs for income-qualified customers, with a portion funded by NIPSCO, Continuing investments to thwart and protect its electric grid against cybersecurity threats, Upgrading and replacing overhead and underground cable to increase reliability, Modernizing the electric grid with automated technology that identifies problems and outages to enable us to restore service faster, Enhancing the overall customer experience through the introduction of a new mobile app, along with the ability for customers to connect with customer care agents online via live or automated chat, the continuation of energy efficiency programs and more. 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. Industry in the IURC'sOnline Services Portal rate increases as the projects proceed goal to work with customers to identify.! X27 ; s natural gas base rates were most recently approved in 2018 demonstrate how will! Nipscos natural gas service in 32 counties approximately13 percent of a residential customers ensure! To reference Cause Number 45621in your comments and questions in response to our text! 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Uses the following trackers, which may approve, deny, or modify any settlement it.! Rights reserved an opportunity for Public IURC after a review process that includes an opportunity for Public has invested $...

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nipsco rate increase 2022