NIPSCO plans $1B transmission and distribution update

Northern Indiana Public Service Co. (NIPSCO) wants to modernize its electrical network. The utility has filed plans with the Indiana Utility Regulatory Commission for a $1 billion transmission and distribution project, which includes replacing hundreds of miles of electrical lines above and below ground, The Associated Press reported. About 75 substation transformers will also be updated as part of the project.

The NIPSCO plan also includes a request for a rate increase of about 1 percent per year between 2015 and 2020. If approved, work is expected to begin in 2014 and take several years to complete.

The improvements to NIPSCO's electrical infrastructure will affect about 457,000 customers in about 23 Indiana counties. NIPSCO spokesperson Nick Meyer told the South Bend Tribune the company also plans to begin a similar project for its gas customers later this year. Meyer said the projects are greatly needed. 

"Most of our system was built in the post-World War II-era and similar to roads, bridges and highways, there's an aging infrastructure that needs to be addressed before it becomes a problem," he said.

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...

Reduce Engineering Project Complexity

Engineering document management presents unique and complex challenges. A solution based in Enter...

Revolutionizing Asset Management in the Electric Power Industry

With the arrival of the Industrial Internet of Things, data is growing and becoming more accessib...

Latest PennEnergy Jobs

PennEnergy Oil & Gas Jobs