NIPSCO has announced the launch of a pilot program designed to allow customers to designate a portion of their monthly electric usage to be generated by renewable energy sources. The Green Power Program is a voluntary program available to all NIPSCO electric customers, allowing them to designate 25, 50, or 100 percent of their electric usage per month, as well as the options of five or 10 percent for commercial or industrial customers.
NIPSCO CEO Jim Stanley said the company is proud to offer the opportunity to purchase renewable energy, and said it complements their other consumer offerings.
Participation involves a monthly premium in addition to NIPSCO’s standard, regulated electric rate, and officials say the added costs are passed directly to the customers with no mark-up or financial return for the company. Customers that choose not to participate in the program are not responsible for additional charges.
NIPSCO’s green power rate is $0.002163 per kilowatt-hour. NIPSCO will purchase a sufficient amount of Renewable Energy Certificates to cover all green power designated by its electing customers. RECs are the environmental attributes associated with electricity that is generated from renewable sources.
The Indiana Utility Regulatory Commission has reviewed and approved the NIPSCO Green Power Program.
For more information and to enroll, visit NIPSCO.com/GreenPower or call (800) 4NIPSCO (464-7726).