The Indiana Utility Regulatory Commission approved a settlement with NIPSCO to extend existing natural gas rates for all customers.
The settlement agreement essentially extends the same rates that were approved in the 2010 rate case order.
NIPSCO will be required to file another rate case on or before the end of 2020, but the company anticipates keeping the same base rates throughout that time.
There will be no change to the monthly gas delivery/service charge and NIPSCO’s low-income customer heating assistance program will continue for eligible residential customers. An extension of the reduced deposit requirement for eligible low-income customers was also approved.
Later this year, NIPSCO plans to file a comprehensive long-term infrastructure modernization plan for its natural gas division. A minimal overall bill impact is anticipated in 2015.