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NIPSCO Electric: Gas Generation Proposal

NIPSCO's electric utility is requesting IURC approval to build and operate a 400-megawatt natural gas-fired power plant, and approval to recover the costs through rates. According to the utility's testimony, the construction and financing would cost approximately $643.7 million. The utility is also proposing the creation of a new tracker to recover the costs. The Generation Cost Tracker (GCT) mechanism would be adjusted every 6 months.

All publicly filed documents in this case (Cause No. 45947) are available on the IURC's website.

The OUCC is the state agency - separate from the IURC - that represents all consumers in cases before the Commission.

An evidentiary hearing is scheduled to start on July 11, 2024.

4-22-24