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Letter: Please support Senate Bill 373

Letter: Please support Senate Bill 373 Evansville Courier & Press A pro-ratepayer amendment made to Senate Bill 373 requires the Indiana Utility Regulatory Commission to CONSIDER any federal statutory or regulatory power plant phase-out mandates that impact proposed new facility depreciation schedules in establishing base rates. Why? Ratepayers should not be on the hook for decades to pay for a new carbon-emitting power plant if that plant is forced to close prematurely due to laws, regulations, or mandates from the radical environmental plans President Biden and the Democratically controlled Congress are feverishly advancing. Currently, Indiana plans to pilot a program that allows a utility to recover costs associated with a retiring coal plant even though the plant is no longer generating electricity. While premature closures seemed unlikely when facilities were built, today, we are fully aware of the direction our federal government has for energy generation. This consideratio

Latest solar energy agreement adds another 200 MW of power to NIPSCO portfolio

The La Porte County Herald-Argus MERRILLVILLE - The Northern Indiana Public Service Company and the Clean Energy Infrastructure business of Capital Dynamics have announced the signing of a build transfer agreement to bring 200 megawatts of solar energy to Indiana with the Elliot Solar project. We are proud to partner with Capital Dynamics on another solar energy project in our home state, said Mike Hooper, NIPSCO president. The addition of Elliot Solar to NIPSCO s portfolio is a major step in our transition to lower-cost, cleaner and reliable energy for our customers. Located in Gibson County, the Elliot Solar project is expected to begin construction in summer 2022 and begin commercial operations in summer 2023.

NIPSCO and Capital Dynamics Sign 200-Megawatt Solar Energy Build Transfer Agreement

Share this article Share this article MERRILLVILLE, Ind., April 13, 2021 /PRNewswire/ Northern Indiana Public Service Company, LLC (NIPSCO), a subsidiary of NiSource Inc. (NYSE: NI), and the Clean Energy Infrastructure (CEI) business of Capital Dynamics, an independent global private asset management firm, today announced that they have signed a build transfer agreement (BTA) to bring 200 megawatts (MW) of solar energy to Indiana with the Elliot Solar project. We are proud to partner with Capital Dynamics on another solar energy project in our home state, said Mike Hooper, NIPSCO president. The addition of Elliot Solar to NIPSCO s portfolio is a major step in our transition to lower-cost, cleaner and reliable energy for our customers.

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