These costs comprise a significant portion of a residential bill and are recovered through the Gas Cost Adjustment (GCA) process. NIPSCO has asked to increase rates by about $19 a month for the average resident. Current base rates for NIPSCO's electric utility were approved in 2019. 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. Base rates cover "non-gas" costs for a utility, including operational, maintenance, and capital costs. 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. Some Indiana Republicans want to change the state constitution to allow judges to withhold bail entirely for a lot more people. 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. 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 . 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. Rate adjustments via trackers are reviewed by the OUCC and approved by the IURC on a quarterly, semi-annual or annual basis. All dates are subject to change, and a settlement is possible in any Commission case. As the current economic effects of inflation and the pandemic are being experienced, its important to know that help continues to be available. 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. New natural gas base rates and charges for NIPSCO have received IURC approval. 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. Yes. Copyright 2023 State of Indiana - All rights reserved. Since that time, NIPSCO says they spent nearly $885 million in system upgrades, technology improvements, with pipeline safety and reliability initiatives to be completed through the end of 2022 . Right now, its the only utility allowed to do so. Written consumer comments must be submitted no later than January 13, 2023. If a plan is approved, the utility may then seek incremental rate increases as the projects proceed. 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. Most costs are recovered through the Transmission, Distribution, and Storage System Improvement Charge (TDSIC). 2. 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. Even worse, NIPSCO wants to increase the fixed charge on their monthly natural gas bills by 75% (from $14 to $24.50). Indiana law allows utilities to adjust rates every three months to recover changes in those costs, which can go up or down. The agreement is now pending before the IURC, which may approve, deny, or modify any settlement it considers. 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. Sep 29, 2021. Coal combustion residuals compliance project (Cause No. 45703, NIPSCO received Commission approval of a new, 5-year plan for pipeline safety compliance. Accessibility If approved, the average NIPSCO Gas customer will see their monthly bill increase by 17%. 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 transition includes renewable energy generation, which represents approximately $840 million in new investments through 2023. Natural gas utilities buy gas for their customers in a competitive wholesale market. (Ben Thorpe) The northern Indiana utility NIPSCO wants to raise rates to pay for new renewable energy projects, but some of the money . Bill payment assistance programs are available for customers experiencing financial difficulties including low-income customers. Northern Indiana Public Service Company (NIPSCO) provides natural gas service in 32 counties. Accessibility Issues, Transmission, Distribution & Storage System Improvement Charge (TDSIC), Capacity resources needed for system reliability, Participation in Midcontinent IndependentTransmission System Operator (MISO). 45772) are available on the IURC's website. If a plan is approved, the utility may then seek incremental rate increases as the projects proceed. For an overview of rate case steps, please see the OUCC's. 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. 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. NIPSCO Electric Rate Case (2022/2023) NIPSCO is requesting a base rate increase for its electric utility. (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. Additional information can be found at https://www.in.gov/ihcda/homeowners-and-renters/rental-assistance/. Costs to implement and complete these upgrades have increased. 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. Generating cleaner electricity from renewable energy projects and upgrading its electric grid to support the transmission and monitoring of that electricity are some of the key factors leading to NIPSCOs request with the Indiana Utility Regulatory Commission (IURC) to adjust its base electric rates next year. If approved by the IURC after a review process that includes an opportunity for public . 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. NIPSCO's natural gas base rates were most recently approved in 2018. The OUCC's monthly newsletter will provide additional updates. Electric rates were not at issue in this case. ---------------------------------------------------------------------------------------------------. 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. 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. 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. Over the last few years the company said it has invested roughly $885 million in system upgrades, technology improvements. The change would begin to occur by September 2023, with the remaining changes applied in March 2024 and July 2024. Schahfer Generation Station subdocket (Cause No. (WISH) Northern Indiana Public Service Co. has proposed a 16.5% electric rate increase over two years, the company announced Monday. Duke Energy Wants You To Pay At Least $23 More Each Month For Your Electricity! 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. To see more, visit. Make sure to reference Cause Number 45621in your comments! LIHEAP Program: LIHEAP support is available to households that are at or below 60 percent of State Median Income (SMI). Copyright 2023 State of Indiana - All rights reserved. There are short-term costs associated with this electric transition, which will deliver customer cost savings over the long term. Other utility customers in the state could face similar rate hikes as utilities transition to greener energy sources, at least in the short term. 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.. 45772) are available on the IURC's website. Public comments are invited as explained below. 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 IRPs describe how utilities plan to provide electricity to their customers over the next 20 years. As a regulated energy provider, NIPSCO cannot change any rates or charges to its customers without the approval of the IURC. 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. Yes, its important that customers understand they have a voice in the process in multiple ways through written comments (which the IURC encourages), at public field hearings and via various consumer advocacy organizations that participate in the process. Electric: For any electric emergency, including a downed power line, power outage or other electric-related situation, please call 1-800-464-7726. For further information on the components of your monthly electric bill, please visit NIPSCO.com/mybill. 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. 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. 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