Overview
- NIPSCO’s GenCo plans two 1.3‑GW gas plants and a 400‑MW, 4‑hour battery, with capacity dedicated to Amazon under filings at the Indiana Utility Regulatory Commission.
- Deliveries are scheduled to start on January 1, 2027 and ramp to 2.4 GW by the end of 2032, with Amazon holding a one‑time option to cut 1,200 MW by March 31, 2029.
- NIPSCO projects about $1 billion in customer bill credits over 15 years, which it says equates to roughly $7 per month for a typical residential customer.
- The IURC reaffirmed the GenCo framework on November 19, and NIPSCO and GenCo have asked the commission to approve a special contract and PPA by May 6, with separate FERC approval required for the PPA.
- NIPSCO will build, own, and operate the needed transmission and says those costs will stay out of its ratebase, while the Citizens Action Coalition reviews the proposal and warns of potential emissions and bill risks.