NIPSCO provides electric power to more than 461-thousand customers in 20 Indiana counties. If their request is approved, a residential electric bill using 1-thousand kilowatt hours would increase by about $10.10 per month.
The base rate accounts for a significant chunk of that increase, while the usage charges increase by a slightly smaller margin.
According to its testimony, NIPSCO says increases in its maintenance and operating costs has spurred the requests. The company also plans to use the $126-million in operating revenue generated by the increase to make certain upgrades to its infrastructure.
The Office of Utility Consumer Counselor says it has not taken a formal position on the matter.
A public hearing has been scheduled to collect input from the public and several other organizations at Hammond High School on December 14th. Written testimony will also be accepted until January 15th.