The average residential customer would see their monthly gas bill go up by $8 if an agreement between NIPSCO and the Indiana Office of Utility Consumer Counselor is approved.
NIPSCO announced the agreement Monday. It originally would have resulted in the average customer seeing a $10 a month increase in their bill.
The proposed agreement is subject to Indiana Utility Regulatory Commission (IURC) review and approval, and new rates would be phased in over two years with the first phase occurring in the fourth quarter of 2018.
NIPSCO also indicated in Monday’s announcement that the overall bill will also include an increase in the fixed monthly customer charge from $11 to $14, which is also lower than what was originally proposed.