Advocate against NIPSCO rate hike |
Advocate against NIPSCO rate hike |
Feb 15 2019, 04:08 PM
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Spends WAY too much time at CBTL Group: Admin Posts: 16,425 Joined: 8-December 06 From: Michigan City, IN Member No.: 2 |
http://kokomoperspective.com/politics/indi...8777701a74.html
QUOTE But the OUCC has made the following recommendations: • Keeping the flat, monthly residential electric customer charge at its current $14, while the volumetric portion of residential bills would either remain unchanged or diminish slightly. • Decreasing NIPSCO's authorized return on equity to 9.25 percent from 9.975 percent. The company is requesting an increase to 10.8 percent. advertisement • Reducing various costs in NIPSCO's proposed plan, including demolition and decommissioning costs for the coal-fired generation facilities, vegetation management, and recovery of bad debt. • Not allowing remediation costs for solid waste management units to be included in customer rates. Instead, those costs would be absorbed by the company. • Recognizing all benefits from the 2017 Tax Cuts and Jobs Act. • Recognizing new power supply options available to NIPSCO's largest customers and facilitating cost savings to those customers, while shielding residential and commercial customer classes from covering those costs. Rebuttal testimony from NIPSCO is due March 15. An IURC evidentiary hearing is scheduled to start on April 16, and an IURC order is expected later this year. More information on the NIPSCO case is available at the OUCC's website, www.in.gov/oucc. Information and documentation is also available through the IURC, at www.in.gov/iurc, under cause number 45159. |
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