Natural gas rates are not at issue in this case. 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. 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. Township Trustees: A limited amount of energy assistance funds are available through local Township Trustee offices. 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. Electric: For any electric emergency, including a downed power line, power outage or other electric-related situation, please call 1-800-464-7726. These are the issues of immediate importance we are working on right now. Trackers State law allows natural gas and electric utilities to seek IURC approval of 5-to-7-year plans for infrastructure improvements. Accessibility 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. The utility's announcement said the latest rate increase would be phased in over time, beginning in late 2023 and going into 2024. 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. Other utility customers in the state could face similar rate hikes as utilities transition to greener energy sources, at . 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 rates are not affected by this request. 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Rates - NIPSCO Gas Rates See our latest rates and tariff Gas Service Tariffs - Entire Book Effective as of 09/01/2022 Historical documents Downloads pdf Historical Summary of Charges 717.2 KB pdf Historical GCA Adjustment 96.2 KB pdf Historical Commodity Cost of Gas 61.5 KB pdf Historical GDSM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 If a plan is approved, the utility may then seek incremental rate increases as the projects proceed. The Company has made a good faith effort to assure the accuracy and timeliness of tariff changes and language posted here, however, there may be instances where the Internet version differs from the official copy. The price raise would be would be phased in starting in late 2023. Current base rates for NIPSCO's electric utility were approved in 2019. Some Indiana Republicans want to change the state constitution to allow judges to withhold bail entirely for a lot more people. A ruling from the IURC is expected in the summer of 2022. 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. 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. 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. (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. Visit, https://www.in.gov/ihcda/homeowners-and-renters/rental-assistance/. 43629 GCA-64) received IURC approval in November 2022. The Emergency Rental Assistance Program (IERA): Provides up to 18 months of rental and utility assistance for renters. The OUCC's monthly newsletter will provide additional updates. NIPSCO's natural gas base rates were most recently approved in 2018. Township Trustees: A limited amount of energy assistance funds are available through local Township Trustee offices. 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 . 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. Written consumer comments must be submitted no later than January 13, 2023. 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'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. 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. 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. Horse racing is estimated to be a nearly $2 billion industry that touches every county of Indiana. The June 2021 . The rate proposal comes as NIPSCO makes a historic transition from generating electricity primarily with coal and natural gas to using renewable energy sources like wind and solar. This estimated change . The request includes evidence to support the increase and demonstrate how it will benefit customers. 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. Electric: For any electric emergency, including a downed power line, power outage or other electric-related situation, please call 1-800-464-7726. 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. Accessibility Issues. NIPSCO's natural gas base rates were most recently approved in 2018. NIPSCO's most recent adjustment (Cause No. 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. Additional parties that have intervened may also file testimony on Jan. 20, 2023. Copyright 2022 IPB News. Additional information can be found at, 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. Northern Indiana Public Service Company (NIPSCO) provides natural gas service in 32 counties. NIPSCO is transitioning to a more balanced and reliable portfolio. Other utility customers in the state could face similar rate hikes as utilities transition to greener energy sources, at least in the short term. The OUCC's Sept. 20, 2018 news release offers an overview of the agreement. It said the proposed rate increase would add about $19 a month for the average customer. In therate case order, the IURC approved a settlement agreement amongthe OUCC, industrial customers, and NIPSCO. Join the conversation and sign up for the Indiana Two-Way. Accessibility Issues, Transmission, Distribution & Storage System Improvement Charge (TDSIC), Capacity resources needed for system reliability, Participation in Midcontinent IndependentTransmission System Operator (MISO). 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). Copyright 2023 State of Indiana - All rights reserved. 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 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. 2017 Tax Cuts & Jobs Act investigation (Cause No. Settings, Start voice NIPSCO uses the following trackers, which comprised approximately13 percent of a residential customers typical bill as of July 2022. NIPSCO is investing $840 million through 2023 in new renewable energy generation, the utilitys announcement said. Sep 29, 2021. 45772) are available on the IURC's website. Only public comments will be taken and no presentation is planned by the utility company. Electric: For any electric emergency, including a downed power line, power outage or other electric-related situation, please call 1-800-464-7726. 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. As a regulated energy provider, NIPSCO cannot change any rates or charges to its customers without the approval of the IURC. The proposed increase will go through a regulatory review process, which includes an . 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 (NIPSCO) provides natural gas service in 32 counties. The OUCC's attorneys and technical experts are reviewing NIPSCOs request and arescheduled to file testimony on Jan. 20, 2023. The case seeks an increase in annual revenues of approximately $58.2 million. 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. These costs comprise a significant portion of a residential bill and are recovered through the Gas Cost Adjustment (GCA) process. In Cause No. NIPSCO's most recent adjustment (Cause No. 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 panels are part of the utility's transition to renewable energy. Brown coal plant over a longer period of time and at a lower rate. 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. For further information on the components of your monthly electric bill, please visit NIPSCO.com/mybill. 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. Right now, its the only utility allowed to do so. 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. Hoosiers "in the know" are getting their answers from the show that does the talking: "Indiana Week In Review." 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 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. An average residential customer pays about $120 now for using. NIPSCO's proposed increase would take effect in two phases, tacking on about $10 a month in average bills. Program allowing customers to voluntarily buy renewable energy credits. Why do rates need to increase? 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 cause number is 45621. 2. 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. Revenue from excess power generated by NIPSCOs renewable energy projects is factored into the energy use charges item on electricity bills, McElmurry said. Make sure to reference Cause Number 45621in your comments! NIPSCO's natural gas base rates were most recently approved in 2018. State law allows natural gas and electric utilities to seek IURC approval of 5-to-7-year plans for infrastructure improvements. NIPSCO said customers' overall gas bills would include a fixed monthly. The OUCC'stimeline outlines the steps in the process. Customers can learn more and enroll at NIPSCO.com/PaymentPlans. Even worse, NIPSCO wants to increase the fixed charge on their monthly natural gas bills by 75% (from $14 to $24.50). 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. It also is investing about $700 million in electric transmission and distribution systems upgrades, technology improvements, and safety and reliability initiatives, the utility said. Electric: For any electric emergency, including a downed power line, power outage or other electric-related situation, please call 1-800-464-7726. Learn more about NIPSCOs rates at NIPSCO.com/2022gasrates. 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. 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. A natural gas utility is allowed to earn a return on this portion of the bill. Rate adjustments via trackers are reviewed by the OUCC and approved by the IURC on a quarterly, semi-annual or annual basis. Copyright 2023 State of Indiana - All rights reserved. 45772) are available on the IURC's website. LIHEAP Program: LIHEAP support is available to households that are at or below 60 percent of State Median Income (SMI). The change would begin to occur by September 2023, with the remaining changes applied in March 2024 and July 2024. 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 . The increase would likely be phased in over two steps, starting no sooner than September 1, 2022. OUCC testimony in NIPSCO's pending rate case is due Jan. 20, 2023. The proposed settlement would allow NIPSCO Gas to raise rates by approximately $71.8 million, which is $37.9 million less than NIPSCO requested. Do you have questions on statewide topics. All dates are subject to change, and a settlement is possible in any Commission case. NIPSCO and other gas utilities may also recover federally required pipeline safety costs through a rate tracker. 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 opened this wind farm in White County in Nov. 2021. Coal combustion residuals compliance project (Cause No. 45703, NIPSCO received Commission approval of a new, 5-year plan for pipeline safety compliance. To see more, visit. Natural gas utilities buy gas for their customers in a competitive wholesale market. Customers can learn more and enroll at NIPSCO.com/PaymentPlans. 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. NIPSCO says this is to ensure safe and reliable gas service for the 850,000 customers, across 32 counties, it serves. Indiana law allows utilities to adjust rates every three months to recover changes in those costs, which can go up or down. The price raise would be would be phased in starting in late 2023. The rate request was filed Monday, Sept. 19, with the Indiana Utility Regulatory Commission. Visit NIPSCO.com/Save for more information on available programs and other ways to save. NIPSCO's current natural gas base rates were approved back in 2018. As those remaining facilities are retired between 2026 and 2028, those costs will be eliminated. 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. Electric: For any electric emergency, including a downed power line, power outage or other electric-related situation, please call 1-800-464-7726. FORT WAYNE, Ind. 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. The price raise would be introduced in late 2023. 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. This process is called a rate case, and NIPSCOs approval must come from the Indiana Utility Regulatory Commission (IURC). 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 bill would then rise to $133.43 under a new tracker or rate adjustment mechanism that would gradually raise rates beginning in July 2024. Electric: For any electric emergency, including a downed power line, power outage or other electric-related situation, please call 1-800-464-7726. CAC did not sign onto the settlement agreement, but also did not oppose it. 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. Our last request to change electric rates was in 2018. 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. New natural gas base rates and charges for NIPSCO have received IURC approval. As part of NIPSCOs request, NIPSCO has proposed an additional program for income-qualified customers, which, if approved, would provide another avenue of financial assistance.
nipsco rate increase 2022