Nipsco Rates Not Expected To Rise

Good news for NIPSCO electricity and natural gas customers. The utility has lowered its estimates of how much bills will go up under its seven-year modernization plans. Documents recently filed with the Indiana Utility Regulatory Commission estimate natural gas rates will go up by a total of just under 5 percent by 2020, compared with nearly 10 percent, which they first estimated. NIPSCO has reduced its estimated cumulative electric rate increase to just under 5 percent from about 6 percent.