Indiana Natural Gas Corp. Rates
Indiana Natural Gas Corporation provides service in 7 southern Indiana counties: Bartholomew, Brown, Crawford, Dubois, Lawrence, Harrison, and Orange.
To compare average natural gas bills, see the IURC's monthly residential surveys. Key components of a natural gas bill include gas costs and base rates.
2023-24 Rate Case
Indiana Natural Gas Corporation requested a rate increase under Cause No. 45889.
The IURC approved a settlement agreement between the OUCC and the utility in a Jan. 17, 2024 final order.
The OUCC filed supporting testimony regarding the settlement agreement on Sept. 29, 2023.
The utility filed its petition and the following testimony on May 17, 2023:
The OUCC issued a June 29, 2023 news release to invite written comments through Aug. 23. 2023.
Gas Costs
Natural gas utilities buy gas for their customers in a competitive wholesale market. Indiana law allows utilities to adjust rates every three months to recover changes in those costs, which can go up or down. These costs comprise a significant portion of a residential bill and are recovered through the Gas Cost Adjustment (GCA) process.
- Utilities may recover wholesale gas costs on a dollar-for-dollar basis but may not profit on them.
- Before adjusting rates to reflect the costs, a utility must demonstrate that it has shopped prudently in the competitive market.
- Each GCA filing requires OUCC review and IURC approval.
The utility's most recently approved request (Cause No. 37418 GCA-160) will affect bills for February, March, and April 2024.
Base Rates
Base rates cover a utility's operational, maintenance, and capital costs. Investor-owned utilities are allowed to earn a return on base rates.
The IURC approved Indiana Natural Gas Corporation's base rates in 2014.
Additional OUCC Resources
1-31-2024