Residential customers would see an $8 monthly increase, according to NIPSCO. Why do rates need to increase? Visit, https://www.in.gov/ihcda/homeowners-and-renters/rental-assistance/. 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 Emergency Rental Assistance Program (IERA): Provides up to 18 months of rental and utility assistance for renters. 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. 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. Base rates made up about 87 percent of a typical NIPSCO residential electric bill as of July 2022. An average residential customer pays about $120 now for using. OUCC testimony in NIPSCOs pending rate case is due Jan. 20, 2023. It also is investing about $700 million in electric transmission and distribution systems upgrades, technology improvements, and safety and reliability initiatives, the utility said. NIPSCO's natural gas base rates were most recently approved in 2018. We currently forecast an estimated $50 million annually that would flow back to customers, depending on how much energy is ultimately generated from these sources. 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. Even worse, NIPSCO wants to increase the fixed charge on their monthly natural gas bills by 75% (from $14 to $24.50). 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. Settings, Start voice Base Rates Base rates made up about 87 percent of a typical NIPSCO residential electric bill as of July 2022. Over the last few years the company said it has invested roughly $885 million in system upgrades, technology improvements. 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. The request includes evidence to support the increase and demonstrate how it will benefit customers. input, Current base rates for NIPSCO's electric utility were, Indiana Office of Utility Consumer Counselor, Coal ash compliance project: Michigan City, Trackers under its approved 7-year infrastructure plan, IURC survey of residential electric bills, Report Kerwin Olson is the executive director of the Citizens Action Coalition. Base rates cover "non-gas" costs for a utility, including operational, maintenance, and capital costs. adjust rates every three months to recover changes in those costs, which can go up or down. The IURC will review our request and solicit input from customers. MERRILLVILLE, Ind. 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. Other utility customers in the state could face similar rate hikes as utilities transition to greener energy sources, at . NIPSCO has prepared a detailed rate request that will be fully reviewed by the IURC. Indiana law allows utilities to adjust rates every three months to recover changes in those costs, which can go up or down. Make sure to reference Cause Number 45621in your comments! 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. 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. 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. Accessibility Issues. The change would begin to occur by September 2023, with the remaining changes applied in March 2024 and July 2024. The price raise would be introduced in late 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. Contact reporter Rebecca atrthiele@iu.eduor follow her on Twitter at@beckythiele. 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. Learn more at NIPSCO.com/save and NIPSCO.com/assistance. 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. Written consumer comments are invited through the end of the day on Jan. 13, 2023. 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. Utilities may recover wholesale gas costs on a dollar-for-dollar basis but may not profit on them. 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. Actual projected bill impacts for commercial and industrial customers may differ as it will depend on usage, rate type and class. Additional information can be found at https://www.in.gov/ihcda/homeowners-and-renters/rental-assistance/. The total overall expected change represents an increase of $71.8 million annually. The closest public field hearings will be Wednesday, January 4, 2023 at 6 p.m. CT at the Valparaiso High School Auditorium at 2727 N. Campbell Street. A Commission order is expected in the summer of 2023. 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. The OUCC is the state agency - separate from the IURC - that represents all consumers in Commission cases. NIPSCO customers are encouraged to contact their local Township Trustee to see what help may be available. In turn, customers directly benefit by receiving a credit on their bills from 100 percent of the revenue associated with the sale of excess power currently being generated by the existing renewable projects and the sales from the upcoming additions. 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. Join the conversation and sign up for the Indiana Two-Way. Customers can learn more and enroll at NIPSCO.com/PaymentPlans. The Company, its Directors, Officers, employees, agents or affiliates do not guarantee the accuracy, completeness or timeliness of the Internet version of its tariffs. Most costs are recovered through the Transmission, Distribution, and Storage System Improvement Charge (TDSIC). NIPSCO's most recent adjustment (Cause No. New natural gas base rates and charges for NIPSCO have received IURC approval. An average residential customer pays about $120 now for using 668 kilowatt-hours of electricity per month, the NIPSCO announcement said. Settings, Start voice 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. Additional parties that have intervened may also file testimony on Jan. 20, 2023. NIPSCO current electric base rates received Commission approval in 2019. 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. Most costs are recovered through the Transmission, Distribution, and Storage System Improvement Charge (TDSIC). LIHEAP Program: LIHEAP support is available to households that are at or below 60 percent of State Median Income (SMI). 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). Thats why we work hard to continually improve service, manage costs and keep customers safe. Natural gas utilities buy gas for their customers in a competitive wholesale market. NIPSCO's most recent adjustment (Cause No. This change also revises the customer charge to approximately $16.33, which is a reduction from the $24.50 proposed. 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 depend on a reliable and safe electric service at a fair price. Consumers may also speak to the Commission, under oath, at an IURC public field hearing. The utility's announcement said the latest rate increase would be phased in over time, beginning in late 2023 and going into 2024. Generating cleaner electricity from renewable energy projects and upgrading its electric grid are some of the key factors leading to NIPSCOs request with the IURC to adjust its base electric rates next year. Yes. The program opens on October 1 for online and mail-in applications. 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. NIPSCO uses the following trackers, which comprised approximately13 percent of a residential customers typical bill as of July 2022. For more information on bill assistance, customers can visit NIPSCO.com/FinancialSupport. 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. 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 Companys most recent electric rate increase went into effect Jan. 1, 2020, raising the average residential bill by $6 a month. Electric: For any electric emergency, including a downed power line, power outage or other electric-related situation, please call 1-800-464-7726. 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. 43629 GCA-63) received IURC approval on Aug. 30, 2022. 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. 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. NIPSCOs last request to change electric rates was in 2018. 2. 45703, NIPSCO received Commission approval of a new, 5-year plan for pipeline safety compliance. Accessibility Horse racing is estimated to be a nearly $2 billion industry that touches every county of Indiana. NIPSCO has asked to increase rates by about $19 a month for the average resident. 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. NIPSCO's current natural gas base rates were approved back in 2018. Make sure to reference Cause Number 45621in your comments! The panels are part of the utility's transition to renewable energy. Township Trustees: A limited amount of energy assistance funds are available through local Township Trustee offices. (Andy Lavalley for the Post-Tribune) (Post-Tribune). The average NIPSCO residential customer who uses a total of 615 therms during the five-month heating season Nov. 1 through March 31 could expect to pay about $661 during that time, compared. Copyright 2023 State of Indiana - All rights reserved. NIPSCO says the first phase would go into effect no earlier than Sept. 1, 2022. OUCC testimony in NIPSCO's pending rate case is due Jan. 20, 2023. NIPSCO has asked to increase rates by about $19 a month for the average resident. 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. 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. Schahfer Generation Station subdocket (Cause No. This process is called a rate case, and NIPSCOs approval must come from the Indiana Utility Regulatory Commission (IURC). The rate increase will need. Do you have questions on statewide topics. NIPSCO's current gas TDSIC plan received Commission approval in July 2020. View NIPSCO's rate case order Frequently asked questions Why now? The utility's initial request would have increased overall annual revenues by $109.7 million (per. The seven percent state sales tax applies to all Indiana electric utilities. How will residential customer bills change? 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. NIPSCO Electric Rate Case (2022/2023) NIPSCO is requesting a base rate increase for its electric utility. 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. Electric: For any electric emergency, including a downed power line, power outage or other electric-related situation, please call 1-800-464-7726. Sep 29, 2021. 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 says this is to ensure safe and reliable gas service for the 850,000 customers, across 32 counties, it serves. NIPSCO is transitioning to a more balanced and reliable portfolio. Columbia Gas of Virginia filed a rate case on April 29 to continue its safety and modernization investments. Electric: For any electric emergency, including a downed power line, power outage or other electric-related situation, please call 1-800-464-7726. Electric: For any electric emergency, including a downed power line, power outage or other electric-related situation, please call 1-800-464-7726. 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. 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. Our last request to change electric rates was in 2018. 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. NIPSCO offers a variety of options for customers who are having difficulty paying their bill including low-income customers. - Northern Indiana Public Service Company LLC, or NIPSCO, is raising its natural gas rates starting Sept. 1. Trackers State law allows natural gas and electric utilities to seek IURC approval of 5-to-7-year plans for infrastructure improvements. It is our goal to work with customers to identify solutions. You may tune in for the news, but you'll stay for the no-holds-barred debate and discussion. Accessibility The OUCC's Sept. 20, 2018 news release offers an overview of the agreement. The June 2021 . Customers can learn more and find out if they qualify ateap.ihcda.in.govor call 2-1-1. The panels are part of the utility's transition to renewable energy. Rate adjustments via trackers are reviewed by the OUCC and approved by the IURC on a quarterly, semi-annual or annual basis. All publicly filed documents in this case (Cause No. The price raise would be would be phased in starting in late 2023. Only public comments will be taken and no presentation is planned by the utility company. Copyright 2022 IPB News. 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