The panels are part of the utility's transition to renewable energy. 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. The price raise would be would be phased in starting in late 2023. CAC did not sign onto the settlement agreement, but also did not oppose it. NIPSCO uses the following trackers, which comprised approximately13 percent of a residential customers typical bill as of July 2022. 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. Even worse, NIPSCO wants to increase the fixed charge on their monthly natural gas bills by 75% (from $14 to $24.50). NIPSCO is requesting a base rate increase for its electric utility. NIPSCOs last request to change electric rates was in 2018. The proposed increase will go through a regulatory review process, which includes an . Join the conversation and sign up for the Indiana Two-Way. 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. NIPSCO and other gas utilities may also recover federally required pipeline safety costs through a rate tracker. NIPSCO's current natural gas base rates were approved back in 2018. 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. In therate case order, the IURC approved a settlement agreement amongthe OUCC, industrial customers, and NIPSCO. Additional information can be found at https://www.in.gov/ihcda/homeowners-and-renters/rental-assistance/. 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. Only public comments will be taken and no presentation is planned by the utility company. Rate adjustments via trackers are reviewed by the OUCC and approved by the IURC on a quarterly, semi-annual or annual basis. 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. adjust rates every three months to recover changes in those costs, which can go up or down. According to a press release from NIPSCO, an average. 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. Schahfer Generation Station subdocket (Cause No. 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. Copyright 2022 IPB News. 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. The agreement will allow for an increase of approximately $71.8 million, a decrease of $37.9 million from the utility's request. 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 . Accessibility Issues. All publicly filed documents in this case (Cause No. Costs to implement and complete these upgrades have increased. 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. 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. 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 Electric Rate Case (2022/2023) NIPSCO is requesting a base rate increase for its electric utility. OUCC testimony in NIPSCOs pending rate case is due Jan. 20, 2023. As part of a state pilot program, CenterPoint Energy customers will be able to pay off the cost of its A.B. Why do rates need to increase? 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. Thats why we work hard to continually improve service, manage costs and keep customers safe. IRPs describe how utilities plan to provide electricity to their customers over the next 20 years. All dates are subject to change. (Andy Lavalley for the Post-Tribune) (Post-Tribune). NIPSCO opened this wind farm in White County in Nov. 2021. 2. The utility's announcement said the latest rate increase would be phased in over time, beginning in late 2023 and going into 2024. Horse racing is estimated to be a nearly $2 billion industry that touches every county of Indiana. 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. Township Trustees: A limited amount of energy assistance funds are available through local Township Trustee offices. (Ben Thorpe) The northern Indiana utility NIPSCO wants to raise rates to pay for new renewable energy projects, but some of the money . Most costs are recovered through the Transmission, Distribution, and Storage System Improvement Charge (TDSIC). To compareaveragenatural gas bills, see the IURC's monthly residential surveys. The cause number is 45621. A natural gas utility is allowed to earn a return on this portion of the bill. Trackers State law allows natural gas and electric utilities to seek IURC approval of 5-to-7-year plans for infrastructure improvements. 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. NIPSCO testimony includes: NIPSCO's previous gas base rates were set in September 2018. As approved, the agreement will set the monthly residential customer service charge at $16.50, with a $67.00 charge for small commercial customers. These costs comprise a significant portion of a residential bill and are recovered through the Gas Cost Adjustment (GCA) process. 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. 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. Northern Indiana Public Service Company (NIPSCO) provides natural gas service in 32 counties. Natural gas rates are not at issue in this case. NIPSCO has prepared a detailed rate request that will be fully reviewed by the IURC. 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 is proposing to phase in the rate increase over time, with the first rate increase impacting electric bills in September 2023. 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. (WISH) Northern Indiana Public Service Co. has proposed a 16.5% electric rate increase over two years, the company announced Monday. Accessibility Program allowing customers to voluntarily buy renewable energy credits. Settings, Start voice 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. Electric: For any electric emergency, including a downed power line, power outage or other electric-related situation, please call 1-800-464-7726. A ruling from the IURC is expected in the summer of 2022. The OUCC's attorneys and technical experts are reviewing NIPSCOs request and arescheduled to file testimony on Jan. 20, 2023. The program opens on October 1 for online and mail-in applications. Visit NIPSCO.com/Save for more information on available programs and other ways to save. Customers can learn more and enroll at NIPSCO.com/PaymentPlans. The utility wanted a $10 increase. JULY 2022 FINAL ORDER: On July 27, 2022, the IURC approved the settlement agreement filed in March. Northern Indiana Public Service Co.s R.M. 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. 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. 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. NIPSCO said customers' overall gas bills would include a fixed monthly. Residential customers would see an $8 monthly increase, according to NIPSCO. For an overview of rate case steps, please see the OUCC's. NIPSCO's natural gas rates are not affected by this request. He said the group supports NIPSCO's transition away from fossil fuels, but hopes the utility will explore ways to reduce the financial burden on its customers. 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. 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. We currently forecast that benefit to be $50 million annually, depending on how much energy is ultimately generated from these sources. State law allows natural gas and electric utilities to seek IURC approval of 5-to-7-year plans for infrastructure improvements. On July 27, 2022, the IURC provided a decision approving NIPSCO to adjust its natural gas rates that will be phased in over a two-step process in September 2022 and March 2023. Customers depend on a reliable and safe electric service at a fair price. Make sure to reference Cause Number 45621in your comments! 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. 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. MERRILLVILLE, Ind. The transition includes renewable energy generation, which represents approximately $840 million in new investments through 2023. As NIPSCO 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. Visit NIPSCO.com/save to learn more. For further information on the components of your monthly electric bill, please visit NIPSCO.com/mybill. 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. 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. This estimated change . If a plan is approved, the utility may then seek incremental rate increases as the projects proceed. 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'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. Copyright 2023 State of Indiana - All rights reserved. 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. An average residential customer pays about $120 now for using. NIPSCOs natural gas base rates were most recently approved in 2018. Accessibility LIHEAP Program: LIHEAP support is available to households that are at or below 60 percent of State Median Income (SMI). It will affect bills for September, October, and November. 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. A portion of this new program would be funded by NIPSCO. How will residential customer bills change? Electric: For any electric emergency, including a downed power line, power outage or other electric-related situation, please call 1-800-464-7726. Yes. NIPSCOs natural gas rates are not affected by this request. Electric: For any electric emergency, including a downed power line, power outage or other electric-related situation, please call 1-800-464-7726. 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. Tell the Office of Utility Consumer Counselor tofight for residential customers to ensure that monthly bills are affordable, just, and reasonable. 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. The Emergency Rental Assistance Program (IERA): Provides up to 18 months of rental and utility assistance for renters. The increase would likely be phased in over two steps, starting no sooner than September 1, 2022. 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