September 26, 2016 2:34 PM ET

Gas Utilities

Company Overview of Northern Indiana Public Service Company, Inc.

Company Overview

Northern Indiana Public Service Company, Inc. distributes natural gas and electric energy to the public in the northern part of Indiana. It provides natural gas service and transportation for residential, commercial, and industrial customers. The company also generates and distributes electricity, and provides wholesale transactions. It operates coal-fired electric power plants, gas-fired generating units, and hydroelectric power plants. Northern Indiana Public Service Company, Inc. was formerly known as Calumet Electric Co. Inc. and changed its name to Northern Indiana Public Service Company, Inc. in 1926. The company was founded in 1912 and is based in Merrillville, Indiana. Northern India...

801 East 86th Avenue

Merrillville, IN 46410-6271

United States

Founded in 1912

2,498 Employees

Phone:

877-647-5990

Fax:

219-647-5589

Key Executives for Northern Indiana Public Service Company, Inc.

Chief Financial Officer
Chief Operating Officer
Vice President of Regulatory and Legislative Affairs
Director of Electric Regulatory Policy
Compensation as of Fiscal Year 2016.

Northern Indiana Public Service Company, Inc. Key Developments

Indiana Regulators Agree to Revisit Rejection of NIPSCO Rate Case Settlement

The Indiana Utility Regulatory Commission will revisit a rejected settlement agreement between Northern Indiana Public Service Co. and intervenors tied to the utility's proposed electric rate case and grid modernization plan. NIPSCO filed a petition in September asking the IURC to reconsider its rejection of a settlement the utility reached with the state's consumer advocate and industrial customers on its plan. (Cause Nos. 44370 and 44371) NIPSCO entered into an agreement that calls for the utility to stop collecting under the previously approved seven-year plan, and credit all money collected, less than $1 million in total, back to customers with interest. The agreement also calls for NIPSCO to file an electric base rate case before the end of the year and refile an updated electric infrastructure modernization plan with the IURC, incorporating the required level of project details as agreed to by the parties. The IURC announced the settlement agreement was not in the public interest because, if approved, it would allow an insufficient level of detail as far as what projects will be completed and when they'll be completed.

NiSource Inc. Announces Appointment of Violet G. Sistovaris as Executive Vice President of NIPSCO

NiSource Inc. key leaders expected to guide Columbia Pipeline Group Inc. and NiSource following the planned separation of the two energy companies in mid-2015. Violet G. Sistovaris, currently NiSource senior vice president and chief information officer, is expected to become EVP for NIPSCO, with responsibility for Electric Operations and Regulatory, External Affairs and Communications functions. Among those reporting to Sistovaris will be NIPSCO President Kathleen O'Leary.

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Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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