Indiana Public Service Company is projecting natural-gas bills in the
upcoming winter season to remain “relatively flat” compared to last season’s
In a statement
released this morning, NIPSCO noted that there are two primary components of
natural-gas bills: the cost of the gas itself and that of delivering the gas
to customers. The cost of the gas NIPSCO passes directly through to
customers with no mark-up and no profit on that portion of the bill.
“Over the course of
the upcoming five-month winter heating season--Nov. 1 to March 31--NIPSCO’s
average natural-gas residential customers using 622 therms could expect to
pay approximately $390 in total,” NIPSCO said. “This compares to about $387
* November: $41 for
58 therms ($42 last winter).
* December: $71 for
111 therms ($70).
* January: $97 for
160 therms ($96).
* February: $103
for 169 therms ($102).
* March: $78 for
124 therms ($77).
* Total: $390 for
622 therms ($387).
into account market forecasts, supply trends ,and storage levels, and are
based on normal weather projections,” NIPSCO said. “If temperatures are
colder or warmer than normal, usage amounts and bills could differ.”
that actual bills “vary bills vary by customers depending on the home’s age
and size, number in the household, number and age of gas appliances,
thermostat settings, and insulation levels.”
“To help ensure
customers receive the best price for natural gas, NIPSCO purchases gas in
the market from a variety of supply sources throughout the year,” the
company said. “Gas storage is also used to help offset market price
volatility. NIPSCO’s gas distribution system consists of two on-system
storage facilities and connects to seven interstate pipelines providing
access to major North American supply basins.”
“The winter bill
projections provided do not relate to NIPSCO’s recent request made with the
IURC in September to increase its natural gas base rates--which would be the
first time an increase would be seen in more than 25 years for that portion
of customer bills,” NIPSCO added. “That request will go through a thorough
regulatory review process and any changes wouldn’t take effect until after a
decision is made, expected in mid-2018.”
Billing and Payment
Customers who are
experiencing financial difficulties are encouraged to call NIPSCO’s 24-hour
Customer Care Center as soon as possible to determine what options might be
available to offer help. Solutions include:
Assistance Programs: Based on income levels, customers may qualify to
receive state and federal utility assistance dollars as well as support
funds from separate NIPSCO programs by visiting their local community action
* BudgetPlan: A
free service to all NIPSCO customers to help manage their monthly energy
bills by spreading out gas costs over an entire year.
Arrangements: Allows customers to make an initial payment within four days
of the agreement, then spread the remaining unpaid balance over three
months, plus current bills as they are due.
information on billing options and payment assistance, visit NIPSCO.com/BillingPayment