nipsco rate increase 2022
For an overview of rate case steps, please see the OUCC's. All filings are available by entering the cause number in the IURC'sOnline Services Portal. The case seeks an increase in annual revenues of approximately $58.2 million. 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. Electric: For any electric emergency, including a downed power line, power outage or other electric-related situation, please call 1-800-464-7726. NIPSCO's, Indiana Office of Utility Consumer Counselor, Report The June 2021 . Program allowing customers to voluntarily buy renewable energy credits. In Cause No. 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.. If approved, the average NIPSCO Gas customer will see their monthly bill increase by 17%. It says the last increase to the natural gas base rate was approved in 2018. NIPSCO opened this wind farm in White County in Nov. 2021. NIPSCO on Wednesday asked the Indiana Utility Regulatory Commission to approve a 17% rate hike for natural gas. Written consumer comments must be submitted no later than January 13, 2023. Other utility customers in the state could face similar rate hikes as utilities transition to greener energy sources, at least in the short term. (Andy Lavalley for the Post-Tribune), Worlds oldest known person, a French nun, dies at 118, Party City, amid rising prices, seeks bankruptcy protection, Do Not Sell/Share My Personal Information. Only public comments will be taken and no presentation is planned by the utility company. NIPSCO Electric Rate Case (2022/2023) NIPSCO is requesting a base rate increase for its electric utility. The recommendations would have set the monthly residential customer service charge at $15.75, with a $59.75 charge for small commercial 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 Brown coal plant over a longer period of time and at a lower rate. 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. Bill payment assistance programs are available for customers experiencing financial difficulties including low-income customers. It will affect bills for September, October, and November. The price raise would be would be phased in starting in late 2023. 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 increase would likely be phased in over two steps, starting no sooner than September 1, 2022. 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. The price raise would be introduced in late 2023. NIPSCO is a subsidiary of NiSource Inc. (NYSE:NI). 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. 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. 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 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. 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. NIPSCO's most recent adjustment (Cause No. 2017 Tax Cuts & Jobs Act investigation (Cause No. The program opens on October 1 for online and mail-in applications. This estimated change . 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. 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. While there are near-term costs associated with the investments being made to get our wind and solar projects off the ground, customers are already benefiting from these existing renewable projects and will continue to see cost savings grow in the long term when were able to eliminate the costs associated with running our remaining coal-fired electric generating facilities by 2026-2028, added Hooper. LIHEAP Program: LIHEAP support is available to households that are at or below 60 percent of State Median Income (SMI). 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. 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. In therate case order, the IURC approved a settlement agreement amongthe OUCC, industrial customers, and NIPSCO. Settings, Start voice To compareaveragenatural gas bills, see the IURC's monthly residential surveys. Current base rates for NIPSCO's electric utility were approved in 2019. 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. NIPSCO offers a variety of options for customers who are having difficulty paying their bill including low-income customers. 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. All publicly filed documents in this case (Cause No. 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 customers are encouraged to contact their local Township Trustee to see what help may be available. Because of these changes, we submitted a detailed proposal with the Indiana Utility Regulatory Commission (IURC) requesting permission to increase our electric rates. The rate request was filed Monday, Sept. 19, with the Indiana Utility Regulatory Commission. NIPSCO's most recent Federally Mandated Cost Adjustment was approved in December 2021. The utility's initial request would have increased overall annual revenues by $109.7 million (per. NIPSCOs natural gas base rates were most recently approved in 2018. NIPSCO uses the following trackers, which comprised approximately13 percent of a residential customers typical bill as of July 2022. Any changes to a customers bill that are ultimately approved by the IURC will be phased in over time beginning in late 2023 and into 2024, versus a one-time increase. Trackers State law allows natural gas and electric utilities to seek IURC approval of 5-to-7-year plans for infrastructure improvements. The OUCC's attorneys and technical experts are reviewing NIPSCO's request and are scheduled to file testimony on Jan. 20, 2023. Electric: For any electric emergency, including a downed power line, power outage or other electric-related situation, please call 1-800-464-7726. 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. Our last request to change electric rates was in 2018. 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%. CAC did not sign onto the settlement agreement, but also did not oppose it. 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 . Kerwin Olson is the executive director of the Citizens Action Coalition. Customers depend on a reliable and safe electric service at a fair price. 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. 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 OUCC'stimeline outlines the steps in the process. 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. You may tune in for the news, but you'll stay for the no-holds-barred debate and discussion. NIPSCO notes that various assistance programs are available for those who would have trouble paying. Schahfer Generation Station subdocket (Cause No. Accessibility Issues, All documents filed in this case, including testimony supporting the agreement, are available through the IURC's. NIPSCO is in the process of closing its coal-fired generating plants and switching to renewable like wind and solar power. 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. 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's natural gas base rates were most recently approved in 2018. NIPSCO's natural gas base rates were most recently approved in 2018. NIPSCOs natural gas rates are not affected by this request. The case's current schedule is available on the Commission's website. Electric: For any electric emergency, including a downed power line, power outage or other electric-related situation, please call 1-800-464-7726. 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. 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. IRPs describe how utilities plan to provide electricity to their customers over the next 20 years. Northern Indiana Public Service Company (NIPSCO) provides natural gas service in 32 counties. MARCH 2022 UPDATE: In March 2022, the OUCC, industrial customers, and NIPSCO filed a settlement agreement. McElmurry said as NIPSCO's coal plants retire, costs should go down because the utility will no longer pay for the cost of fuel. Columbia Gas of Virginia filed a rate case on April 29 to continue its safety and modernization investments. MERRILLVILLE, Ind. 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. The program opens on October 1 for online and mail-in applications. Study shows Indiana horse racing a $2B industry, Republicans push constitutional amendment to allow judges to withhold bail for many more defendants, Remote workers dominate Indiana's labor force. NIPSCO's current gas TDSIC plan received Commission approval in July 2020. NIPSCO's most recent adjustment (Cause No. 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. NIPSCO customers are encouraged to contact their local Township Trustee to see what help may be available. It also is investing about $700 million in electric transmission and distribution systems upgrades, technology improvements, and safety and reliability initiatives, the utility said. The cause number is 45621. MERRILLVILLE, Ind. OUCC testimony in NIPSCO's pending rate case is due Jan. 20, 2023. Visit NIPSCO.com/Save for more information on available programs and other ways to save. 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. The panels are part of the utility's transition to renewable energy. 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. 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 . Duke Energy Wants You To Pay At Least $23 More Each Month For Your Electricity! 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 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. NIPSCO's natural gas base rates were most recently approved in 2018. Where can I find out more information? Northern Indiana Public Service Co.s R.M. Copyright 2022 IPB News. 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. 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. All dates are subject to change. NIPSCO current electric base rates received Commission approval in 2019. Right now, its the only utility allowed to do so. 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. 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 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. 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. Public comments are invited as explained below. Most costs are recovered through the Transmission, Distribution, and Storage System Improvement Charge (TDSIC). The first increase would take place mid-2018, the second in 2019, spokesman Nick Meyer . While there are near-term costs associated with the $840 million in investments being made to get our wind and solar projects off the ground, customers are already benefiting from these existing projects and will continue to see cost savings grow when were able to eliminate the costs associated with running our remaining coal-fired electric generating facilities. 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. Township Trustees: A limited amount of energy assistance funds are available through local Township Trustee offices. Yes. 45703, NIPSCO received Commission approval of a new, 5-year plan for pipeline safety compliance. Accessibility 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. 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. NIPSCO is proposing to phase in the rate increase over time, with the first rate increase impacting electric bills in September 2023. NIPSCO's most recent adjustment (Cause No. Accessibility Issues, Transmission, Distribution & Storage System Improvement Charge (TDSIC), Capacity resources needed for system reliability, Participation in Midcontinent IndependentTransmission System Operator (MISO). Electric: For any electric emergency, including a downed power line, power outage or other electric-related situation, please call 1-800-464-7726. The Emergency Rental Assistance Program (IERA): Provides up to 18 months of rental and utility assistance for renters. NIPSCO Gas is now back before the IURC with another demand to raise monthly gas bills in Cause Number 45621. Text "Indiana" to 73224. These costs comprise a significant portion of a residential bill and are recovered through the Gas Cost Adjustment (GCA) process. These are the issues of immediate importance we are working on right now. 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. Join the conversation and sign up for the Indiana Two-Way. The utility wanted a $10 increase. Coal combustion residuals compliance project (Cause No. NIPSCO has asked to increase rates by about $19 a month for the average resident. 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. Customers can learn more and find out if they qualify ateap.ihcda.in.govor call 2-1-1. The monthly fixed charge is the amount you pay regardless of how much natural gas you use, which means the less you use, the bigger your increase. (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 change would begin to occur by September 2023, with the remaining changes applied in March 2024 and July 2024. ---------------------------------------------------------------------------------------------------. An average residential customer pays about $120 now for using. As the current economic effects of inflation and the pandemic are being experienced, its important to know that help continues to be available. 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 increase will go through a regulatory review process, which includes an . 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