The Northern Indiana Public Service Company (NIPSCO) has launched a pilot
program allowing customers to designate a portion, or all, of their monthly
electric usage to be attributable to power generated by renewable energy
sources, such as wind power.
The Green Power Program is a voluntary program available to all NIPSCO
electric customers, the company said in a statement released on Thursday.
Customers can designate 25, 50 or 100 percent of their monthly electric
usage to be attributable to power generated by renewable energy sources.
Commercial and industrial customers would have the added flexibility to
designate 5 or 10 percent of their monthly usage. Customers may change their
participation level or cancel at any time at no added cost.
“We're proud to offer residents and businesses in northern Indiana the
opportunity to purchase renewable energy,” NIPSCO CEO Jim Stanley said. “The
Green Power Program is a great complement to NIPSCO’s other customer
offerings, which include electric vehicle incentives, energy efficiency
programs and options that allow customers to generate their own power.”
Participating customers will pay a monthly premium in addition to NIPSCO’s
standard, regulated electric rate. “The added costs are passed through
directly to customers, with no mark up or financial return for NIPSCO,” the
company said.
“Non-participating customers are not responsible for additional charges
associated with making this program available.”
NIPSCO’s green power rate is $0.002163 per kilowatt-hour (kWh).
Green Power Designation monthly premiums, based on monthly electric usage of
1,000 kWh:
•25 percent: $0.54.
•50 percent: $1.08.
•100 percent: $2.16.
NIPSCO will purchase a sufficient amount of Renewable Energy Certificates (RECs)
to cover all green power designated by its electing customers. RECs are the
environmental attributes associated with electricity that is generated from
renewable sources.
NIPSCO’s green power purchases through this program will come from
Midwestern resources.
NIPSCO Green Power Program RECs will be certified through Green-e® Energy,
the nation’s leading renewable energy certification and verification
program, with nearly 300 participating vendors. Green-e® Energy provides
independent, third-party certification to ensure that certified renewable
energy meets strict environmental and consumer protection standards.
The Indiana Utility Regulatory Commission (IURC) 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).