Based on current case Cause 46120 IURC Documents from early 2026, Schedule 19, the CSV File is a specific financial exhibit or data table that is used during the regulatory review process shows:
• +$8.53/month on the average home (729 kWh)
• That’s a 9 % hike — AFTER they already raised rates 25 % last year
• $260 Million a Year in Documented OVER-CHARGES
• $47.8 M “Corporate Support” bucket with ZERO invoices attached
• $18.4 M CEO-pay raise baked into YOUR rates
• New federal “renewable penalty” they lobbied FOR — now YOU pay it
• $52 M FROM big factories TO residential customers (industrial ROE drops, yours spikes)
• Smart meters over-billed $29.4 M
• NIPSCO asked for $368.7 M annual increase (≈ +17 % on residential bills).
• OUCC expert model shows only $230.4 M is justified – a $138.3 m over-reach .
• Low Income Program Killed – Only Customers that are 151-250% below the federal poverty level who have received a disconnect notice can apply for emergency assistance. (EAP – Energy Assistance Program)
• Remote-disconnect without knock Settlement authorizes remote disconnection for non-pay—no field collector visit required—temperature guard-rails only 20 °F / 90 °F, no medical-certification exemption allowed (HERE’ THE LINK)
You Can Access IURC CAUSE 46120 Filings, including attachments and exhibits that contain this CSV, by searching the Cause Number 46120 in the IURC Online Portal
HERE
When analyzed by an accountant Here’s The Bottom Line:
$138 M Base-rate Padding
$60.8 M Excess ROE (Return of Equity)
$29.4 M Smart meter over-charge kept (Interest Free Loan)
$52 m ECT pre-pay (Energy Charter Treaty) – A controversial International Investor Protection Agreement that has the EU, UK and Other Countries Withdrawing.
$14.2 M imprudent plant still capitalized
TOTAL Overages:
≈ $294 M per year in documented, spreadsheet-proven over-charges – price-gouging hidden inside regulatory footnotes.
Sources:
OUCC: Shows Homes That are Delinquent as of Sept 2025
Indiana House Bill SB 424 : Allows NIPSCO TO Pass on Data Center Expenses onto consumers
Indiana House Bill SEA 423: Allows NIPSCO To Pass on the Data Center Expenses onto Customers
Indiana House Bill HEA 1007: Allows utilities to recover costs for new generation projects, including upfront development costs for SMRs.
Indiana House Bill HEA 1470:Updated utility regulations, making it easier for electric and gas companies to recover costs for Transmission, Distribution, and Storage System Improvements (TDSIC), allowing for longer planning periods (5-7 years), adding “advanced technology,” and including “economic development” projects.