
NIPSCO is looking to raise natural gas rates. The company announced Wednesday that it’s submitted a request for a rate hike to the Indiana Utility Regulatory Commission.
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NIPSCO is looking to raise natural gas rates. The company announced Wednesday that it’s submitted a request for a rate hike to the Indiana Utility Regulatory Commission.
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NIPSCO gas bills would still go up but not by quite as much, under an updated request with the Indiana Utility Regulatory Commission. The company says residential gas customers now paying $50 per month could expect to see their monthly bill increase to $58.10, rather than $59.80, as originally proposed.
NIPSCO’s home heating bills are expected to stay about the same as they were last year. Projections released by the company Wednesday say an average residential customer can expect to pay about $390 on gas bills between November 1 and March 31. Continue reading
More than 25 years have gone by since NIPSCO has increased natural gas base rates, but that may change.
NIPSCO along with the Indiana Utility Regulatory Commission are looking to increase natural gas base rates as the cost to comply with state and federal safety standards has increased. According to a NIPSCO press release, the company has made additional investments in its aging gas system to improve service to 820,000 customers while maintaining more than 17,800 miles of pipelines.