Power bills for folks across northern Indiana could be going-up.
NIPSCO is asking state regulators to approve a 16.5 percent electric rate increase.
The company says it needs to raise rates to upgrade and modernize its electric grid.
The request comes after state regulators okayed NIPSCO’s 10 percent natural gas rate hike back in July.
The first price hike from that increase will show-up on this month’s bills.
4 comments
This is what happens when we rely on government regulations instead of free market solutions. Abolish “natural” monopolies now!
BUILD BACK BROKE…enjoy who you voted for
As if people aren’t struggling enough to pay their bills. I am said people. A single mother at that struggling to make ends meet.
If my raises corresponded with RIPSCO’s, I’d be making $150 per hour.