NIPSCO'sfirst electric rate case in five years was filed with the IURC
But the IURC
set the UNE rates way too low, protests Marker.
We will strive to build a long term relationship as an outstanding corporate citizen and community partner in Henry County and Indiana, and we will comply with the conditions established by the IURC
In Indiana, where energy costs are relatively low when compared to the Midwest and the nation, NIPSCO has held the line on electric rate increases better than any other Indiana utility during the last decade, according to the IURC
annual residential bill surveys.
reports show that 46 CLECs are providing local service in the state (although more than four times as many are licensed to do so), primarily in the larger cities.
The committee will issue recommendations to the IURC
no later than Jan.
exposure to interest rate and third party credit risks), the additional regulatory oversight by the IURC
creates a level of uncertainty with regards to the system's financial profile.
However, citing case law supporting the IURC
's ability to protect public welfare during emergency events notwithstanding the interference of contracts, the IURC
expressly disallowed these costs, forestalling any decision on Veolia's prior expenditures until the permanent rate hike proceedings and mandating that the department work with Veolia to find ways to reduce operational expenditures to 2008 levels.
The Court reversed the IURC
approval based on only one provision in the contract, namely the definition of retail end use customer, which they found in conflict with the statute.
In the first week of November, the company had 8,441 pending repair and installation orders, according to the IURC
The system's board of directors has independent rate-setting authority from the city, although rates are subject to approval by the IURC
and achieving timely rate relief in recent years has been problematic.
The unrefuted testimony in the IURC
consideration of the IFA-IG contract is that the nominal value of the plant at the end of the contract is $4.