NIPSCO Cause 45772
February 21, 2023 at 1:28 p.m.
By -
Cause No. 45772
PETITION OF NORTHERN INDIANA PUBLIC SERVICE COMPANY LLC PURSUANT TO IND. CODE §§ 8-1-2-42.7, 8-1-2-61, AND, 8-1-2.5-6 FOR (1) AUTHORITY TO MODIFY ITS RETAIL RATES AND CHARGES FOR ELECTRIC UTILITY SERVICE THROUGH A PHASE IN OF RATES; (2) APPROVAL OF NEW SCHEDULES OF RATES AND CHARGES, GENERAL RULES AND REGULATIONS, AND RIDERS (BOTH EXISTING AND NEW); (3) APPROVAL OF A NEW RIDER FOR VARIABLE NON-LABOR O&M EXPENSES ASSOCIATED WITH COAL-FIRED GENERATION; (4) MODIFICATION OF THE FUEL COST ADJUSTMENT TO PASS BACK 100% OF OFF-SYSTEM SALES REVENUES NET OF EXPENSES; (5) APPROVAL OF REVISED COMMON AND ELECTRIC DEPRECIATION RATES APPLICABLE TO ITS ELECTRIC PLANT IN SERVICE; (6) APPROVAL OF NECESSARY AND APPROPRIATE ACCOUNTING RELIEF, INCLUDING BUT NOT LIMITED TO APPROVAL OF (A) CERTAIN DEFERRAL MECHANISMS FOR PENSION AND OTHER POST-RETIREMENT BENEFITS EXPENSES; (B) APPROVAL OF REGULATORY ACCOUNTING FOR ACTUAL COSTS OF REMOVAL ASSOCIATED WITH COAL UNITS FOLLOWING THE RETIREMENT OF MICHIGAN CITY UNIT 12, AND (C) A MODIFICATION OF JOINT VENTURE ACCOUNTING AUTHORITY TO COMBINE RESERVE ACCOUNTS FOR PURPOSES OF PASSING BACK JOINT VENTURE CASH, (7) APPROVAL OF ALTERNATIVE REGULATORY PLANS FOR THE (A) MODIFICATION OF ITS INDUSTRIAL SERVICE STRUCTURE, AND (B) IMPLEMENTATION OF A LOW INCOME PROGRAM; AND (8) REVIEW AND DETERMINATION OF NIPSCO’S EARNINGS BANK FOR PURPOSES OF IND. CODE § 8-1-2-42.3.
Notice is hereby given that on September 19, 2022, Northern Indiana Public Service Company LLC filed a Petition with the Indiana Utility Regulatory Commission in Cause No. 45772 for authority to modify its retail rates and charges for electric utility service through a phase in of rates, and for approval of: (1) new schedules of rates and charges, general rules and regulations, and riders (both existing and new); (2) a new rider for variable non-labor O&M expenses associated with coal-fired generation; (3) modification of the fuel cost adjustment to pass back 100% of off-system sales revenues net of expenses; (4) revised common and electric depreciation rates applicable to its electric plant in service; (5) necessary and appropriate accounting relief, including but not limited to (a) certain deferral mechanisms for pension and other post-retirement benefits expenses, (b) regulatory accounting for actual costs of removal associated with coal units following the retirement of Michigan City Unit 12, and (c) modification of joint venture accounting authority to combine reserve accounts for purpose of passing back joint venture cash; (6) alternative regulatory plans for (a) modification of its industrial service structure, and (b) implementation of a low income program; and (7) review and determination of NIPSCO’s earnings bank for purposes of Ind. Code § 8-1-2-42.3. A copy of the Verified Petition and other submissions in this proceeding are on file with the Commission, PNC Center, 101 West Washington Street, Suite 1500 East, Indianapolis, Indiana 46204. The telephone number of the Commission is (317) 232-2701. Anyone wishing to protest, challenge, or intervene in this action may do so by contacting the Commission.
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Cause No. 45772
PETITION OF NORTHERN INDIANA PUBLIC SERVICE COMPANY LLC PURSUANT TO IND. CODE §§ 8-1-2-42.7, 8-1-2-61, AND, 8-1-2.5-6 FOR (1) AUTHORITY TO MODIFY ITS RETAIL RATES AND CHARGES FOR ELECTRIC UTILITY SERVICE THROUGH A PHASE IN OF RATES; (2) APPROVAL OF NEW SCHEDULES OF RATES AND CHARGES, GENERAL RULES AND REGULATIONS, AND RIDERS (BOTH EXISTING AND NEW); (3) APPROVAL OF A NEW RIDER FOR VARIABLE NON-LABOR O&M EXPENSES ASSOCIATED WITH COAL-FIRED GENERATION; (4) MODIFICATION OF THE FUEL COST ADJUSTMENT TO PASS BACK 100% OF OFF-SYSTEM SALES REVENUES NET OF EXPENSES; (5) APPROVAL OF REVISED COMMON AND ELECTRIC DEPRECIATION RATES APPLICABLE TO ITS ELECTRIC PLANT IN SERVICE; (6) APPROVAL OF NECESSARY AND APPROPRIATE ACCOUNTING RELIEF, INCLUDING BUT NOT LIMITED TO APPROVAL OF (A) CERTAIN DEFERRAL MECHANISMS FOR PENSION AND OTHER POST-RETIREMENT BENEFITS EXPENSES; (B) APPROVAL OF REGULATORY ACCOUNTING FOR ACTUAL COSTS OF REMOVAL ASSOCIATED WITH COAL UNITS FOLLOWING THE RETIREMENT OF MICHIGAN CITY UNIT 12, AND (C) A MODIFICATION OF JOINT VENTURE ACCOUNTING AUTHORITY TO COMBINE RESERVE ACCOUNTS FOR PURPOSES OF PASSING BACK JOINT VENTURE CASH, (7) APPROVAL OF ALTERNATIVE REGULATORY PLANS FOR THE (A) MODIFICATION OF ITS INDUSTRIAL SERVICE STRUCTURE, AND (B) IMPLEMENTATION OF A LOW INCOME PROGRAM; AND (8) REVIEW AND DETERMINATION OF NIPSCO’S EARNINGS BANK FOR PURPOSES OF IND. CODE § 8-1-2-42.3.
Notice is hereby given that on September 19, 2022, Northern Indiana Public Service Company LLC filed a Petition with the Indiana Utility Regulatory Commission in Cause No. 45772 for authority to modify its retail rates and charges for electric utility service through a phase in of rates, and for approval of: (1) new schedules of rates and charges, general rules and regulations, and riders (both existing and new); (2) a new rider for variable non-labor O&M expenses associated with coal-fired generation; (3) modification of the fuel cost adjustment to pass back 100% of off-system sales revenues net of expenses; (4) revised common and electric depreciation rates applicable to its electric plant in service; (5) necessary and appropriate accounting relief, including but not limited to (a) certain deferral mechanisms for pension and other post-retirement benefits expenses, (b) regulatory accounting for actual costs of removal associated with coal units following the retirement of Michigan City Unit 12, and (c) modification of joint venture accounting authority to combine reserve accounts for purpose of passing back joint venture cash; (6) alternative regulatory plans for (a) modification of its industrial service structure, and (b) implementation of a low income program; and (7) review and determination of NIPSCO’s earnings bank for purposes of Ind. Code § 8-1-2-42.3. A copy of the Verified Petition and other submissions in this proceeding are on file with the Commission, PNC Center, 101 West Washington Street, Suite 1500 East, Indianapolis, Indiana 46204. The telephone number of the Commission is (317) 232-2701. Anyone wishing to protest, challenge, or intervene in this action may do so by contacting the Commission.
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