NIPSCO is adding up the costs from the Winter Vortex and forecasting higher costs ahead.
Unlike Realgy, who reconciles our accounts each month, NIPSCO will accrue these costs and recover or charge for them later. This accrual method prevents price increase from occurring all at once as it spreads the increase over months.
Realgy’s service in NIPSCO has 10 years of providing consistent monthly savings, except for January and February 2014 we have been below NIPSCO every month but 2 in the last 4 years (48 months). Once NIPSCO passes through their costs our higher price will be like the winter snow; gone and your savings will come like the greening of Spring!
Read the whole NW Indiana Life article, January Temperatures Bring Higher than Projected Natural Gas Bills