NIPSCO Proposes 16.5% Electric Rate Increase On Heels Of Natural Gas Price Hike
Tuesday, September 20, 2022

MERRILLVILLE, IN — Northern Indiana Public Service Company has proposed a 16.5% electric rate increase over two years.

The NIPSCO rate increase announced Monday will need approval from state authorities.

NIPSCO provides electricity to 470,000 customers and natural gas to 830,000 customers across 32 counties in northern Indiana.

Projections from the company say the electric price increase would total $19 per month for a customer who now pays $120 per month. NIPSCO said the change would start by September 2023, with the remaining changes applied in March 2024 and July 2024.

The request comes two months after Merrillville-based NIPSCO received approval from the Indiana Utility Regulatory Commission to make the increase in a two-step process beginning in September. The utility said the average residential customer will see an expected overall increase of about $6 per month.

NIPSCO submitted it’s initial request for the gas rate increase in September 2021. The utility said at the time the additional revenue would be used to make infrastructure improvements, including replacing older gas lines.


(05-30-2023) • Prairie Heights Community Schools Looking For Millgrove Township Board Member

(05-23-2023) • Two Men Escaped From Ohio Prison

(05-18-2023) • Hoosiers Urged To Check If They Have Part of $800 Million In Lost Money

(05-18-2023) • Angola Middle School Is Hanging Up Their Yellow Jackets Mascot

(05-18-2023) • Thursday Will Bring Warmer Temperatures And Sunny Skies

(05-17-2023) • Five People Hospitalized After Box Truck Strikes Buggy

(05-17-2023) • Judge Grants Continuance Of Trial For Man Accused Of Killing ISP Trooper

(05-17-2023) • Wednesday Will Be Cooler With Clear Skies

(05-16-2023) • Seasonable Weather Continues On Tuesday

(05-15-2023) • Bulk Collection Reminder For City Of Angola Residents

(05-15-2023) • Registration Remains Open For Indiana State Police Career Camp Until Spots Are Filled

(05-15-2023) • Motorcyclist Injured In Weekend Crash

(05-15-2023) • Warmer And Drier Weather Conditions For Monday

(05-13-2023) • Local Lawmakers Welcome Local Student Pages To The Statehouse

(05-13-2023) • Elkhart Plays Host To RV Industry Gathering

(05-15-2023) • Plea Agreement Filed In Steuben County For October Hit-And-Run Incident That Killed One Teen And Injured Another

(05-12-2023) • The Steuben County Farmer's Market Is Set For Opening Day This Saturday

(05-12-2023) • Auburn-Garrett Drive In Begins Renovation Of New Screen

(05-12-2023) • YMCA of Steuben County Hires New Chief Operating Officer

(05-12-2023) • Trine University Announced Their Naming New Health Building After Earl Brooks

>> News Archive