MERRILLVILLE, Ind. (WOWO) – NIPSCO officials announced on Wednesday that they have made a request with the Indiana Utility Regulatory Commission to increase its natural gas base rates.
Our partners in news at 21Alive say they made the request to comply with federal safety and compliance regulations, help with system upgrades, and infrastructure modernization. The proposed increase will undergo a regulatory review process that includes public comment.
If the IURC approves the request, an average natural gas residential customer would see their bill go up about $8 per month, a roughly 10.6% increase.
The rates would be phased in over two steps with the last phase coming no later than March 2025.
In August, the IURC approved an electric rate hike for the company, that is expected to increase average customers’ bills by at least $12 by 2024.
2 comments
NISPCO just sold 20% of the company to Blackstone, a super Communist investment company, whose goal is to get rid of Natural Gas (the best fuel for heating by far) and replace everything with electric green energy (the worst for heating and terrible for the environment-go look it up).
Now look, NIPSCO will be raising their rates to pay for ” system upgrades, and infrastructure modernization ” which = more money to fund the ESG (Environmental, social, and corporate governance) Communistic Garbage that Blackstone is exclusively known for.
Everyone who pays for NIPSCO Service should be yelling and screaming at all that is going on.
https://www.blackstone.com/wp-content/uploads/sites/2/2021/11/Blackstone_An-Integrated-Approach-to-ESG-2021.pdf?v=1642193693
…prepare for COLD WINTERS or extremely high electric bills ahead….Don’t believe me?… it will now go up by $100/year….just wait…there will be more to come…..they are moving fast
REF: WOWO news NIPSCO Story from 10/23/2023
Every single year NIPSCO and AEP pull this. Their profits go up and my bank account goes down. What else is to be expected with Sleepy Joe and his puppet masters in charge. WOWO ran a story about a month ago on how NIPSCO rates were going to be DECREASED. What happened to that?
NIPSCO Officials Hint At Rate Decrease This Winter
by Michael McIntyre October 12, 2023