NiSource Inc.'s subsidiary, Northern Indiana Public Service Company LLC (NIPSCO), has received approval from the Indiana Utility Regulatory Commission (IURC) to adjust its electric rates. This decision is part of a collaborative agreement involving NIPSCO, the Indiana Office of Utility Consumer Counselor (OUCC), and other stakeholders, including major corporations like NLMK Indiana and Walmart Inc. The approved rate changes will be implemented gradually from July through early 2026 to mitigate the impact on customers. This initiative aims to enhance safety, reliability, and customer programs while offering new assistance programs such as flexible payment plans and energy-efficiency initiatives.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.