nipsco rate increase 2022neversink gorge trail map

Customers can learn more and enroll at NIPSCO.com/PaymentPlans. All dates are subject to change. 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. 45772) are available on the IURC's website. Natural gas utilities buy gas for their customers in a competitive wholesale market. Accessibility Issues, Transmission, Distribution & Storage System Improvement Charge (TDSIC), Capacity resources needed for system reliability, Participation in Midcontinent IndependentTransmission System Operator (MISO). 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. The price raise would be would be phased in starting in late 2023. 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. NIPSCO customers are encouraged to contact their local Township Trustee to see what help may be available. These costs comprise a significant portion of a residential bill and are recovered through the Gas Cost Adjustment (GCA) process. 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. Visit NIPSCO.com/Save for more information on available programs and other ways to save. 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 bill would then rise to $133.43 under a new "tracker" or rate adjustment mechanism that would gradually raise rates beginning in July 2024. Base Rates Base rates made up about 87 percent of a typical NIPSCO residential electric bill as of July 2022. The transition includes renewable energy generation, which represents approximately $840 million in new investments through 2023. It can take approximately 10 months before the IURC reaches a decision. The OUCC's monthly newsletter will provide additional updates. Accessibility 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. Northern Indiana Public Service Company (NIPSCO) provides natural gas service in 32 counties. The cause number is 45621. 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. The Emergency Rental Assistance Program (IERA): Provides up to 18 months of rental and utility assistance for renters. NIPSCO testimony includes: NIPSCO's previous gas base rates were set in September 2018. 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. The Emergency Rental Assistance Program (IERA): Provides up to 18 months of rental and utility assistance for renters. Accessibility Issues. NIPSCO has prepared a detailed rate request that will be fully reviewed by the IURC. NIPSCO opened this wind farm in White County in Nov. 2021. This change also revises the customer charge to approximately $16.33, which is a reduction from the $24.50 proposed. JULY 2022 FINAL ORDER: On July 27, 2022, the IURC approved the settlement agreement filed in March. An average residential customer pays about $120 now for using. Electric: For any electric emergency, including a downed power line, power outage or other electric-related situation, please call 1-800-464-7726. 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. For more information on bill assistance, customers can visit NIPSCO.com/FinancialSupport. NIPSCO Gas is now back before the IURC with another demand to raise monthly gas bills in Cause Number 45621. Bill payment assistance programs, including support for vulnerable customers, as well as energy savings programs, continue to be available. Copyright 2023 State of Indiana - All rights reserved. As those remaining facilities are retired between 2026 and 2028, those costs will be eliminated. The price raise would be introduced in late 2023. Right now, its the only utility allowed to do so. Most costs are recovered through the Transmission, Distribution, and Storage System Improvement Charge (TDSIC). The OUCC's attorneys and technical experts are reviewing NIPSCOs request and arescheduled to file testimony on Jan. 20, 2023. 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. The utilitys announcement said the latest rate increase would be phased in over time, beginning in late 2023 and going into 2024. adjust rates every three months to recover changes in those costs, which can go up or down. Actual projected bill impacts for commercial and industrial customers may differ as it will depend on usage, rate type and class. 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. Brown coal plant over a longer period of time and at a lower rate. 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. This page will be updated based on case developments. NIPSCOs 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. Some Indiana Republicans want to change the state constitution to allow judges to withhold bail entirely for a lot more people. NIPSCO's natural gas base rates were most recently approved in 2018. 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). 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. 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. Customers can learn more and find out if they qualify ateap.ihcda.in.govor call 2-1-1. 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 Indiana law allows utilities to adjust rates every three months to recover changes in those costs, which can go up or down. Northern Indiana Public Service Co.s R.M. 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. In therate case order, the IURC approved a settlement agreement amongthe OUCC, industrial customers, and NIPSCO. 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 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. 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. Electric: For any electric emergency, including a downed power line, power outage or other electric-related situation, please call 1-800-464-7726. Natural gas rates are not at issue in this case. Township Trustees: A limited amount of energy assistance funds are available through local Township Trustee offices. NIPSCO's most recent adjustment (Cause No. 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 . Help us fight the rate hike! 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. 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. 45772) are available on the IURC's website. 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. 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