Nix the Fix: Tell NIPSCO no to higher fixed charges on your electric bills!

Nix the Fix: Tell NIPSCO no to higher fixed charges on your electric bills!

A settlement was reached in the NIPSCO rate case.  If approved, it will raise your monthly fixed charge 27.3% and your energy usage charge 13.9%! This amounts to a monthly bill increase for the average NIPSCO customer of $12.42 or 15.1%.

NIPSCO monthly electric bills have already increased nearly 30% over the last ten years. At the same time, Hoosier households struggle with declining and stagnant wages and significant increases in the cost of energy, health care, food, and other necessities. 

This rate case settlement was reached by NIPSCO, the Indiana Office of Utility Consumer Counselor (OUCC), NIPSCO’s industrial customers, the Indiana Municipal Utility Group and the United Steelworkers.  CAC was not invited to the table, even though we are a party to the case.

The settlement still requires approval by the IURC to become final.  If approved, it  will harm residential customers in several ways:

  • The settlement will raise the fixed monthly charge on your electric bill from $11 to $14. This is the amount  you pay regardless of how much energy you use. 

  • The settlement will give NIPSCO a bigger hike on your energy usage charge (per kWh charge) than they originally asked for! 

  • The settlement eliminates the low-income program that NIPSCO proposed in their initial filing.  The fact that NIPSCO proposed a low-income program was the only bright spot in the rate case.  

  • In addition to the rate increase as a result of this settlement, NIPSCO has also filed a $1.33 billion plan for electric transmission and distribution system improvements which NIPSCO claims will raise your rates an additional 0.4% to 1.3% percent per year for the next seven years. 

NIPSCO is blaming these rate hikes on reduced energy sales as a result of increasing investments in energy efficiency and customer-owned generation like rooftop solar, as well as reductions in industrial energy usage due to factories closing and/or moving. 

Customers should not be penalized for investing their own money to make their business or home more efficient or to generate their own energy!

Tell the Office of Utility Consumer Counselor and the Indiana Utility Regulatory Commission:

  • You oppose the rate case settlement and the increases in your fixed monthly charge and energy charge.

  • You oppose a new TDSIC tracker. NIPSCO should pay for the day to day operations of their company.

  • To fight for residential customers to ensure that monthly bills are affordable, just, and reasonable.