Local News

NIPSCO Projects Home Heating Cost Hike

(Merrillville, IN) - The cost of heating a home for a typical NIPSCO customer this winter is projected to increase by nearly 20 percent.


According to NIPSCO, the reason is an increase in natural gas prices nationwide.


From November 1 to March 1, the average natural gas residential customer using 615 therms can expect to pay about $661 for the season, according to NIPSCO. In comparison, NIPSCO said the average cost last year based on equal usage during the same period was $559.


“This is in line with trends across much of the country,” NIPSCO said.


The price estimates consider market forecasts, supply trends, and storage levels, and they’re based on normal weather projections.


According to NIPSCO, customers experiencing financial difficulties are encouraged to visit nipsco.com/assistance or call NIPSCO’s Customer Care Center as soon as possible to determine what options might help.


Some of those solutions include flexible payment plans, including a three-month or six-month option for all customers and a 12-month option for eligible LIHEAP customers.

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