Northern Indiana Bracing for a 16.5% Electric Rate Increase
MERRILLVILLE, Ind. — The utility that provides electricity for much of northern Indiana is seeking a 16.5% rate increase, saying the rate hike would help it modernize its electrical grid and make other improvements, according to an Associated Press report published by The Elkhart Truth.
Merrillville, Indiana-based Northern Indiana Public Service Co. asked the Indiana Utility Regulatory Commission this week to approve the rate increase over two years for its 470,000 customers across 32 northern Indiana counties, including the southeast half of Elkhart County.
The company, a subsidiary of NiSource, said that if the IURC approves the increase its average residential customer using 668 kilowatt hours per month and currently paying $120 would pay $19 more per month.
Source: https://rvbusiness.com/northern-indiana-bracing-for-a-16-5-electric-rate-increase/
