nipsco rate increase 2022

Settings, Start voice The request includes evidence to support the increase and demonstrate how it will benefit customers. To compareaveragenatural gas bills, see the IURC's monthly residential surveys. These costs comprise a significant portion of a residential bill and are recovered through the Gas Cost Adjustment (GCA) process. Additionally, customers directly benefit from the newly added renewable generation by receiving a credit on their bills from 100 percent of the revenue associated with the sale of excess power that we generate today and into the future as we add more renewable resources. There are short-term costs associated with this electric transition, which will deliver customer cost savings over the long term. Copyright 2022 IPB News. 45772) are available on the IURC'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. It will affect bills for September, October, and November. NIPSCO opened this wind farm in White County in Nov. 2021. NIPSCO's most recent Federally Mandated Cost Adjustment was approved in December 2021. The cause number is 45621. Pending cases for Northern Indiana Public Service Companys (NIPSCOs) electric utility include its: In the most recent IURC survey of residential electric bills, NIPSCO's monthly bill for 1,000 kWh ranked third-highest among the utilities under Commission jurisdiction. 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. 2017 Tax Cuts & Jobs Act investigation (Cause No. A ruling from the IURC is expected in the summer of 2022. 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 . JULY 2022 FINAL ORDER: On July 27, 2022, the IURC approved the settlement agreement filed in March. If approved, the average NIPSCO Gas customer will see their monthly bill increase by 17%. The utility's announcement said the latest rate increase would be phased in over time, beginning in late 2023 and going into 2024. The transition includes renewable energy generation, which represents approximately $840 million in new investments through 2023. An average residential customer pays about $120 now for using. 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 is a subsidiary of NiSource Inc. (NYSE:NI). 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. Customers can learn more and find out if they qualify ateap.ihcda.in.govor call 2-1-1. Bill payment assistance programs, including support for vulnerable customers, as well as energy savings programs, continue to be available. 45772) are available on the IURC's website. Hoosiers "in the know" are getting their answers from the show that does the talking: "Indiana Week In Review." NIPSCO customers are encouraged to contact their local Township Trustee to see what help may be available. Consumers may also speak to the Commission, under oath, at an IURC public field hearing. 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. NIPSCO Communications Manager Tara McElmurry said supply chain shortages kept some of the utilitys solar projects from moving forward, which means they have to keep the Schahfer coal plant running for another two years. NIPSCO customers are encouraged to contact their local Township Trustee to see what help may be available. 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. Visit, https://www.in.gov/ihcda/homeowners-and-renters/rental-assistance/. 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. Customers can learn more and find out if they qualify ateap.ihcda.in.govor call 2-1-1. Most costs are recovered through the Transmission, Distribution, and Storage System Improvement Charge (TDSIC). 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. Electric: For any electric emergency, including a downed power line, power outage or other electric-related situation, please call 1-800-464-7726. 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 Electric Rate Case (2022/2023) NIPSCO is requesting a base rate increase for its electric utility. Bill payment assistance programs are available for customers experiencing financial difficulties including low-income customers. 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. Most costs are recovered through the Transmission, Distribution, and Storage System Improvement Charge (TDSIC). State law allows natural gas and electric utilities to seek IURC approval of 5-to-7-year plans for infrastructure improvements. NIPSCO's natural gas base rates were most recently approved in 2018. 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. Accessibility Issues. 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. Base Rates Base rates made up about 87 percent of a typical NIPSCO residential electric bill as of July 2022. NIPSCO's natural gas rates are not affected by this request. Costs to implement and complete these upgrades have increased. Written consumer comments are invited through the end of the day on Jan. 13, 2023. The Internet version of Northern Indiana Public Service Company's Electric Tariffs and Gas Tariffs is not the official version. For more information on bill assistance, customers can visit NIPSCO.com/FinancialSupport. NIPSCO also is investing about $700 million in electric transmission and distribution systems upgrades, technology improvements, and safety and reliability initiatives, the utility said. 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. Yes. 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. Trackers State law allows natural gas and electric utilities to seek IURC approval of 5-to-7-year plans for infrastructure improvements. The CAC Mission: To initiate, facilitate and coordinate citizen action directed to improving the quality of life of all inhabitants of the State of Indiana through principled advocacy of public policies to preserve democracy, conserve natural resources, protect the environment, and provide affordable access to essential human services. 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. 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. 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. input, Indiana Office of Utility Consumer Counselor, Report 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. The program opens on October 1 for online and mail-in applications. Right now, its the only utility allowed to do so. The Emergency Rental Assistance Program (IERA): Provides up to 18 months of rental and utility assistance for renters. We currently forecast that benefit to be $50 million annually, depending on how much energy is ultimately generated from these sources. 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. Kerwin Olson is the executive director of the Citizens Action Coalition. Public comments can be made online at www.in.gov/oucc/2361.htm, or by email at [email protected], or by mailing: Indiana Office of Utility Consumer Counselor, 115 W. Washington Street, Suite 1500 South. Do you have questions on statewide topics. NIPSCO has asked to increase rates by about $19 a month for the average resident. 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. NIPSCO is investing $840 million through 2023 in new renewable energy generation, the utilitys announcement said. This estimated change . The June 2021 . 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 offers a variety of options for customers who are having difficulty paying their bill including low-income customers. A Commission order is expected in the summer of 2023. ---------------------------------------------------------------------------------------------------. The case seeks an increase in annual revenues of approximately $58.2 million. NIPSCO is transitioning to a more balanced and reliable portfolio. Before adjusting rates to reflect the costs, a utility must demonstrate that it has shopped prudently in the competitive market. Contact reporter Rebecca [email protected] follow her on Twitter at@beckythiele. OUCC testimony in NIPSCOs pending rate case is due Jan. 20, 2023. 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. NIPSCO current electric base rates received Commission approval in 2019. Revenue from excess power generated by NIPSCOs renewable energy projects is factored into the energy use charges item on electricity bills, McElmurry said. 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. 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 . 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. Accessibility Issues, Transmission, Distribution & Storage System Improvement Charge (TDSIC), Capacity resources needed for system reliability, Participation in Midcontinent IndependentTransmission System Operator (MISO). 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. In testimony filed on Jan. 20, 2022, the OUCC recommended limiting the increase to $56.4 million. If Indianas remote workers were classified as a job industry of their own, it would be the largest industry in the states history. NIPSCO has prepared a detailed rate request that will be fully reviewed by the IURC. Electric: For any electric emergency, including a downed power line, power outage or other electric-related situation, please call 1-800-464-7726. The panels are part of the utility's transition to renewable energy. These are the issues of immediate importance we are working on right now. The utility wanted a $10 increase. 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. 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. Other utility customers in the state could face similar rate hikes as utilities transition to greener energy sources, at . NIPSCO notes that various assistance programs are available for those who would have trouble paying. Text "Indiana" to 73224. Accessibility NIPSCO has asked to increase rates by about $19 a month for the average resident. As the current economic effects of inflation and the pandemic are being experienced, its important to know that help continues to be available. The rate request was filed Monday, Sept. 19, with the Indiana Utility Regulatory Commission. The proposed increase will go through a regulatory review process, which includes an . 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. All filings are available by entering the cause number in the IURC'sOnline Services Portal. It said the proposed rate increase would add about $19 a month for the average customer. In Cause No. Where can I find out more information? It is our goal to work with customers to identify solutions. Your comments and questions in response to our weekly text help us find the answers you need on statewide issues. All comments received before the deadline will be submitted as part of the OUCC's testimony and become part of the Commission's formal case record. 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. McElmurry said as NIPSCO's coal plants retire, costs should go down because the utility will no longer pay for the cost of fuel. How will residential customer bills change? 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 The utility filed its petition and the following testimony in September 2021. 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. NIPSCO's natural gas base rates were most recently approved in 2018. 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 bill would then rise to $133.43 under a new tracker or rate adjustment mechanism that would gradually raise rates beginning in July 2024. 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 rates were not at issue in this case. 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. 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. 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. Public comments are invited as explained below. Township Trustees: A limited amount of energy assistance funds are available through local Township Trustee offices. 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 . 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.. Proposed rate increase for its electric utility who are having difficulty paying bill. The Transmission, Distribution, and Storage System Improvement Charge ( TDSIC ) encouraged to contact local. Director of the Citizens Action Coalition in December 2021 in 2019 experienced, its the only utility to... 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nipsco rate increase 2022