Hoosiers in northern Indiana may be paying more for power come September.
NIPSCO has been approved to raising energy rates by about 10-percent, roughly 6-dollars a month more per power bill.
It’s part of a two-step process to raise rates for NIPSCO customers.
The utility company says you can expect the increase to happen September 1st, but that more changes are expected to come in March 2023.
The rate hike comes after an “extensive review process” with state regulators.
2 comments
The rate hike comes after an “extensive review process” with state regulators.
AKA bribes.
We need to eliminate “natural” monopolies and allow competition. I don’t care if there are 2 sets of lines on the utility poles nearly as much as I care about a 10% price hike.
I agree. We don’t have any competition to keep prices in line. NIOSCO is a monopoly. During this time of inflation, it is so wrong to do this. People are having trouble paying their bills especially those of us on fixed incomes. They say you can get help, yeah right. Be a couple dollars over their income requirements and forget about your help. It just shows how money hungry this outfit is.