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to generate electricity then we pay them to build more generators we pay them through the iedc and last but not least we pay them monthly out of wages left over turn off the lights at the iedc and audit miso kimberly pic 1 pic 2 pic 3 pic 4 pic 5 share this share on x opens in new window x email a link to a friend opens in new window email share on facebook opens in new window facebook print opens in new window print share on linkedin opens in new window linkedin share on pinterest opens in new window pinterest share on reddit opens in new window reddit share on tumblr opens in new window tumblr like loading posted in big government climate change conservative economy farm and country political tagged bills cost of living electricity ferc inflation miso money nipsco solar wind 4 comments laporte indiana december 20 2025 by armann and kaymann there are several companies located at the building owned by laporte technologies laporte defense technologies at 300 n philadelphia laporte indiana key players are joe walker kenji scott fred jones srinath narayanan joe walker smart solutions is one business at 300 n philadelphia that received iedc tax credits on a utility pole contract in an empty building bert cook visited this location as the executive director of the 501c3 named greater laporte economic development corp gledc where cindy admave is on the board of directors ms admave is nipsco s economic development director for the laporte area half way of gledcs fund are from the unity foundation laporte technogies who received iedc support bought wejo an 800 million company another business at 300 philadelphia laporte indiana is smilodon which is also run by srinath narayanan smilodon is project energy reimagined in early 2023 smilodon agreed to buy a german bus company called heramba in early 2024 they acted as a back stop sponsor of the transaction so when project energy reimagined bought heramba smilodon became heramba david roberts and srinath narayanan are the two executives in charge of the heramba bankruptcy now in germany jun 18 2025 srinath narayanan david port and dave roberts are the only representatives authorized to communicate and negotiate with the insolvency kimberly p s hmmmmm wonder why the city of laporte bought 6 acres and 1 9 acres of land across the street from 300 n philadelphia from sq f t worth an assessed value of 11 000 and 16 000 for 95 000 share this share on x opens in new window x email a link to a friend opens in new window email share on facebook opens in new window facebook print opens in new window print share on linkedin opens in new window linkedin share on pinterest opens in new window pinterest share on reddit opens in new window reddit share on tumblr opens in new window tumblr like loading posted in current events 4 comments data centers solar utility companies and our representatives december 14 2025 by armann and kaymann nipsco is northwestern indiana s gas and electric supplier 20 owned by blackstone one of the largest data center builder energy infrastructure developer in the world they have acquired seats on the board of directors of economic development corporations that dish out tax dollars to themselves nipsco is on nearly every economic development board in the area they cover those economic development ed boards decide who receives billions of tax payer dollars nipsco has an in house economic development dept with representatives that sit on local and state ed boards nipsco actively recruits new businesses that guzzle energy equivalent to the size of cities such as data centers with tax dollars distributed through economic development boards nipsco out of merrillville indiana spent approximately 141 000 in 2024 lobbying state representatives rep ed soliday authored 5 bills in 2024 all 5 made it easier for utilities to increase their profit margin nipsco files rate requests with the indiana utility regulatory commission iurc stating their need to raise rates because of lack of reliable energy increased demand from industry that they themselves recruited to our neighborhood nipsco has the ability to sell energy to other areas including other countries such as canada mexico where rates are higher nipsco actively builds solar fields with economic development funds tax dollars the grid operator in indiana has declared solar and wind as unreliable power sources under their new formula for pricing energy i e the reason for the price increase from 2024 at 30 to the summer 2025 price of 666 50 nipsco files rate requests with the indiana utility regulatory commission iurc stating their need to raise rates because of lack of reliable energy increased demand from industry that they themselves recruited to our neighborhood they are drawing in energy guzzlers with your money building energy sources that are declared unreliable by the grid operator which does nothing to reduce price they actively lobby key government officials who sympathize with their profit margin to pass laws that tie the hands of the indiana utility regulatory commission leaving them no choice but to increase rates their employees are controlling the distribution of your tax dollars that increase their bottom dollar if this isn t illegal it should be kimberly indiana s energy crisis how utility incentives private development networks and legislative decisions drove record rate increases share this share on x opens in new window x email a link to a friend opens in new window email share on facebook opens in new window facebook print opens in new window print share on linkedin opens in new window linkedin share on pinterest opens in new window pinterest share on reddit opens in new window reddit share on tumblr opens in new window tumblr like loading posted in big government climate change community conservative economy farm and country laporte county political tagged data centers miso nipsco solar wind 3 comments indiana s energy crisis how utility incentives private development networks and legislative decisions drove record rate increases december 11 2025 by armann and kaymann december 11 20025 by data centers ai chatgpt with facts provided by kimberly mann northern indiana is experiencing a utility crisis fueled by rising electricity costs inaccessible decision making and a pipeline of policy decisions that elevate corporate and utility interests above public welfare a close review of regulatory filings legislative texts grid operator classifications and utility statements reveals a pattern nipsco and its parent company nisource have positioned themselves at the center of an incentive driven system that profits while hoosiers pay more utilities paid to generate and not generate electricity nipsco receives compensation both for producing electricity and for not producing it under certain market conditions pjm and midcontinent independent system operator miso market rules demand response programs these financial structures allow utilities to profit regardless of customer relief or grid stability the same utility actively markets the region to heavy energy users particularly data centers and other large loads offering substantial rate reductions through economic development riders edrs source nipsco economic development rider description quoted in greatnews life admave c great news life n d https greatnews life article nipsco helps region develop with reliable energy job creation and money saving opportunities at the same time nipsco can sell excess electricity produced with customer funded infrastructure to foreign markets for higher profit source nipsco public claims on excess power sales nipsco com electricity as a life sustaining commodity in indiana northern indiana s winter climate makes electricity and gas critical to survival many residents choose between utilities and food on a monthly basis source indiana community action poverty data 2023 despite this utilities continue raising rates citing increasing industrial loads loads they themselves invited 1 closed door development networks influence land use and energy demand nipsco sits on local and regional economic development boards that help determine land use industrial siting and incentive allocation these boards often conduct negotiations behind closed doors outside public oversight a major structural shift occurred when a federal judge ruled the indiana economic development corporation iedc was not a public agency but a private corporation that is funded with hardworking citizen s tax dollars ranging in the billions of dollars source federal district court ruling widely reported 2024 this means billions in taxpayer funded incentives are administered by a private entity acting without public transparency 2 industrial energy guzzlers subsidized by taxpayers large commercial operations are placed on indiana farmland with monetary support from tax increment financing tif districts state and federal subsidies local tax abatements economic development incentive packages utility backed discount programs edrs these incentives shift costs downward onto residential customers meanwhile utilities use the arrival of energy intensive facilities to justify new generation construction costs that also fall on ratepayers 3 renewable energy projects classified as unreliable by grid operators miso midcontinent independent system operator the grid operator for northern indiana designated solar wind and battery storage as unreliable intermittent resources on the 2024 reliability curve source miso reliability based demand curve rbdc briefings 2024 2025 miso resource adequacy subcommittee rasc update 7 10 2024 because of this classification these renewable projects contribute little to the capacity obligation that determines customer rates even though they receive enormous subsidies impact they raise not lower long term cost obligations 4 house bill 1007 guaranteed utility profits and nuclear development subsidies indiana house bill 1007 may 2025 authored by rep ed soliday allows utilities to https indianaeconomicdigest net content default major indiana news article indiana house bill 1007 aims to bolster nuclear retain coal and gas plants for ai data centers 3 5308 118248 recover 80 of small modular nuclear reactor smr development costs upfront recover the remaining 20 even if the reactor is never completed charge residential customers for new power plants while also receiving economic development subsidies collect ongoing operational costs if the iurc blocks retirement of any generation resource sources indiana house bill 1007 2025 session legislative text public reporting on smr project failures nationwide doe nrc status updates no small modular nuclear reactor facility in the u s has been completed nipsco spent 141 100 on lobbying legislation in topics energy environment licensure taxation utilities in 2024 source indiana lobby registration commission ilrc annual filings rep soliday represents the area where nipsco is headquartered merrillville and serves on the committee on utilities energy and telecommunications all 5 of the 5 bills authored by rep ed soliday involved energy generation carbon sequestration quantum research data centers tax incentives expedited approval of electric transmission and generation projects others co sponsored and sponsored included but not limited to water wastewater iurc matters nuclear reactor development costs energy production zones water utilities and construction of data centers source https iga in gov legislative 2025 legislators legislator_edmond_soliday_864 5 capacity cost explosion 30 666 50 miso s first ever application of the reliability based demand curve rbdc that qualifies solar wind as unreliable triggered a record capacity price spike 2024 30 mw day 2025 666 50 mw day source miso 2025 2026 planning resource auction results miso org miso rasc status update 7 10 2024 this represents a 2 122 increase the highest in regional history despite billions in renewable investments capacity costs still rose because miso classified renewables as unreliable 6 nipsco s internal economic development network nipsco divides northern indiana into mapped territories each managed by an in house economic development representative these nipsco employees sit on the following boards among other local economic development boards listed at the bottom of this report indiana economic development corporation northwest indiana forum michiana regional economic development corporation northeast indiana regional partnership north central economic development partnership source nipsco economic development webpage https www nipsco com partner with us economic development their mission recruit large commercial energy consumers into nipsco s territory 7 renewable projects owned or contracted by nipsco nipsco s renewable portfolio includes dunns bridge i dunns bridge ii cavalry solar energy center indiana crossroads fairbanks solar crossroads ii wind green river solar upcoming gibson solar gibson county upcoming fairbanks solar sullivan county upcoming appleseed solar cass county upcoming source nipsco generation transition portfolio these projects require heavy subsidies but do not reduce capacity costs under miso s rules nipsco claims customers received 60 million in renewable energy credit rec returns since 2021 source nipsco public statements 2024 2025 yet residential electric and gas bills rose about 30 in 2025 when including the loophole titled delivery charge just a 28 use of gas charges resulted in a 75 delivery fee plus a kwh raise 8 financial markets praise the profit model while hoosiers struggle with rate hikes financial analysts celebrate nisource s rising margins source yahoo finance a closer look at nisource s valuation https finance yahoo com news closer look nisource ni valuation 120726409 html key praise includes robust infrastructure upgrades expanding margins digital efficiencies constructive regulatory relationships growth supported by economic development these assessments confirm what the data shows the system is working extremely well for utilities and investors and failing residents conclusion a system designed against consumers this investigation shows a circular self reinforcing structure utilities recruit large industrial energy users industries receive taxpayer funded incentives and discounted electricity utilities claim new generation must be built to serve them utilites lobby representatives to force iurc to raise rates and payments for uncompleted forced open projects utilities build unreliable renewable facilities that raise capacity costs utilities cite capacity shortfalls to raise residential rates excess reliable power is sold to foreign markets for profit financial markets reward utilities for margin expansion meanwhile indiana families facing record costs and limited oversight are left to shoulder the burden unless regulatory conditions change and public transparency improves indiana s energy landscape will continue priorit...
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