NIPSCO Projects Winter Heating Costs to Stay Close to Last Year’s Levels (10/12)

posted Oct 12, 2017, 8:18 AM by North Judson-Wayne Township Public Library
Posted on October 12, 2017
Author Michael Gallenberger, WKVI 

NIPSCO’s home heating bills are expected to stay about the same as they were last year. Projections released by the company Wednesday say an average residential customer can expect to pay about $390 on gas bills between November 1 and March 31. That’s just three dollars more than last year. NIPSCO says the projections are based on current market forecasts and assume normal winter weather.

But don’t get too used to those prices. NIPSCO is seeking permission to begin phasing in a rate hike in mid-2018. The company says it’s been more than 25 since it last raised its natural gas base rates.