nipsco rate increase 2022

The panels are part of the utility's transition to renewable energy. The utility wanted a $10 increase. NIPSCO's most recent adjustment (Cause No. 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. 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. Customers can learn more and enroll at NIPSCO.com/PaymentPlans. Other utility customers in the state could face similar rate hikes as utilities transition to greener energy sources, at . Electric rates were not at issue in this case. These are the issues of immediate importance we are working on right now. Before adjusting rates to reflect the costs, a utility must demonstrate that it has shopped prudently in the competitive market. Over the last few years the company said it has invested roughly $885 million in system upgrades, technology improvements. Settings, Start voice 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. 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 . 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. The price raise would be would be phased in starting in late 2023. Actual projected bill impacts for commercial and industrial customers may differ as it will depend on usage, rate type and class. input. The panels are part of the utility's transition to renewable energy. The OUCC is the state agency - separate from the IURC - that represents all consumers in Commission cases. The proposed settlement would allow NIPSCO Gas to raise rates by approximately $71.8 million, which is $37.9 million less than NIPSCO requested. McElmurry said as NIPSCO's coal plants retire, costs should go down because the utility will no longer pay for the cost of fuel. The transition includes renewable energy generation, which represents approximately $840 million in new investments through 2023. https://www.in.gov/ihcda/homeowners-and-renters/rental-assistance/. The June 2021 . As those remaining facilities are retired between 2026 and 2028, those costs will be eliminated. 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. 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. This process is called a rate case, and NIPSCOs approval must come from the Indiana Utility Regulatory Commission (IURC). 2. Visit NIPSCO.com/Save for more information on available programs and other ways to save. 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. NIPSCO's most recent adjustment (Cause No. Why do rates need to increase? 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.. The OUCC's Sept. 20, 2018 news release offers an overview of the agreement. All dates are subject to change, and a settlement is possible in any Commission case. 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 It is our goal to work with customers to identify solutions. 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. The CAC Mission: To initiate, facilitate and coordinate citizen action directed to improving the quality of life of all inhabitants of the State of Indiana through principled advocacy of public policies to preserve democracy, conserve natural resources, protect the environment, and provide affordable access to essential human services. Public comments can be made online at www.in.gov/oucc/2361.htm, or by email at uccinfo@oucc.in.gov, or by mailing: Indiana Office of Utility Consumer Counselor, 115 W. Washington Street, Suite 1500 South. 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. 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 . Northern Indiana Public Service Company (NIPSCO) provides natural gas service in 32 counties. 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. NIPSCO has asked to increase rates by about $19 a month for the average resident. 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. Public comments are invited as explained below. The investments were making provide direct benefits to all our customers, the communities we serve and the local economy, said Mike Hooper, NIPSCO president. Visit, https://www.in.gov/ihcda/homeowners-and-renters/rental-assistance/. *Source: Indiana Utility Regulatory Commissions 2021 Residential Bill Survey. ---------------------------------------------------------------------------------------------------. NIPSCO opened this wind farm in White County in Nov. 2021. View NIPSCO's rate case order Frequently asked questions Why now? 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. 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.. NIPSCOs natural gas base rates were most recently approved in 2018. Electric: For any electric emergency, including a downed power line, power outage or other electric-related situation, please call 1-800-464-7726. NIPSCO opened this wind farm in White County in Nov. 2021. Make sure to reference Cause Number 45621in your comments! For more information on bill assistance, customers can visit NIPSCO.com/FinancialSupport. 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 says the first phase would go into effect no earlier than Sept. 1, 2022. Current base rates for NIPSCO's electric utility were approved in 2019. Electric: For any electric emergency, including a downed power line, power outage or other electric-related situation, please call 1-800-464-7726. JULY 2022 FINAL ORDER: On July 27, 2022, the IURC approved the settlement agreement filed in March. 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. The proposed settlement would allow NIPSCO Gas to raise rates by approximately $71.8 million, which is $37.9 million less than NIPSCO requested. 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. Right now, its the only utility allowed to do so. MARCH 2022 UPDATE: In March 2022, the OUCC, industrial customers, and NIPSCO filed a settlement agreement. NIPSCO current electric base rates received Commission approval in 2019. Northern Indiana Public Service Co.s R.M. 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. The OUCC's attorneys and technical experts are reviewing NIPSCO's request and are scheduled to file testimony on Jan. 20, 2023. 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. 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. NIPSCO is in the process of closing its coal-fired generating plants and switching to renewable like wind and solar power. A Commission order is expected in the summer of 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. The seven percent state sales tax applies to all Indiana electric utilities. 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. 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 has asked to increase rates by about $19 a month for the average resident. 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. ----------------------------------- For an overview of rate case steps, please see the OUCC's. As part of a state pilot program, CenterPoint Energy customers will be able to pay off the cost of its A.B. Customers can learn more and find out if they qualify ateap.ihcda.in.govor call 2-1-1. 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. To compareaveragenatural gas bills, see the IURC's monthly residential surveys. NIPSCO on Wednesday asked the Indiana Utility Regulatory Commission to approve a 17% rate hike for natural gas. NIPSCO's natural gas rates are not affected by this request. NIPSCO is proposing to phase in the rate increase over time, with the first rate increase impacting electric bills in September 2023. NIPSCO Electric Rate Case (2022/2023) NIPSCO is requesting a base rate increase for its electric utility. Columbia Gas of Virginia filed a rate case on April 29 to continue its safety and modernization investments. NIPSCO's, Indiana Office of Utility Consumer Counselor, Report 45703, NIPSCO received Commission approval of a new, 5-year plan for pipeline safety compliance. 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. 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. - Northern Indiana Public Service Company LLC, or NIPSCO, is raising its natural gas rates starting Sept. 1. Horse racing is estimated to be a nearly $2 billion industry that touches every county of Indiana. This page will be updated based on case developments. 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 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. 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 . Program allowing customers to voluntarily buy renewable energy credits. Make sure to reference Cause Number 45621in your comments! Additional parties that have intervened may also file testimony on Jan. 20, 2023. Indiana law allows utilities to adjust rates every three months to recover changes in those costs, which can go up or down. All publicly filed documents in this case (Cause No. Accessibility 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. LIHEAP Program: LIHEAP support is available to households that are at or below 60 percent of State Median Income (SMI). State law allows natural gas and electric utilities to seek IURC approval of 5-to-7-year plans for infrastructure improvements. It can take approximately 10 months before the IURC reaches a decision. There are short-term costs associated with this electric transition, which will deliver customer cost savings over the long term. 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