NIPSCO raising rates for upgrade project

MERRILLVILLE, Ind. Northern Indiana Public Service Co. says it is planning a $1 billion project over the next several years to modernize much of its electrical network.

The Merrillville-based utility's proposal includes replacing hundreds of miles of underground and above-ground electrical lines and some 75 substation transformers.

NIPSCO CEO Jim Stanley tells The Times of Munster that the work would involve all the counties it serves across the state's northern tier, where it has some 457,000 electricity customers.

The company has filed a request with the Indiana Utility Regulatory Commission for annual rate increases of about 1 percent from 2015 through 2020 for the work.

Stanley says NIPSCO doesn't expect a rate decision until next year. If approved, the improvement work could begin in mid-2014.


Comments are posted from viewers like you and do not always reflect the views of this station.
powered by Disqus
WNDU - Channel 16 54516 State Road 933 South Bend, IN 46637 Front Desk: 574-284-3000 Newsroom: 574-284-3016 Email: newscenter16@wndu.com
Copyright © 2002-2014 - Designed by Gray Digital Media - Powered by Clickability 216903171 - wndu.com/a?a=216903171
Gray Television, Inc.