Business Services Industry
Northern Indiana Public Service's gas prices in winter climb.
Knight Ridder/Tribune Business News, December, 2004
By Keith Benman, The Times, Munster, Ind. Knight Ridder/Tribune Business News
Dec. 11--Northern Indiana Public Service Co. customers will see natural gas prices increase about 2 percent this month, with a typical customer using 150 therms of natural gas seeing about a $3.10 increase.
The prediction is in line with a NIPSCO forecast made in late October that gas prices would increase about 10 percent to 15 percent this winter.
The increase has been approved as a gas cost adjustment by the Indiana Utility Regulatory Commission. Gas cost adjustments are made on a month-to-month basis to reflect changes in the price of gas on the wholesale market.
The big variable for natural gas prices remains the weather, NIPSCO president Mark...
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