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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 prioritizing private profit over public necessity short list of nipsco employees on the boards of economic development programs in indiana the association of indiana counties aic board of directors cindy admave nipsco aic s purposes and goals are to seek the betterment of county government through representation of counties at the indiana general assembly research and dissemination of information communications through publications and seminars professional training and educational programs liaison between counties state and federal agencies and technical and managerial assistance while there are a number of agencies and groups offering assistance to county government aic is the only entity that represents the legislative needs of indiana counties https web indianacounties org associate nipsco 206 indiana economic development association nipsco corporate member cindy admave https ieda org sys publicprofile 41903983 portage economic development corp board of directors nipsco cindy admave board secretary https www portagein org staff starke county economic development foundation scedf sponsors northern indiana public service company nipsco cindy admave economic development department nwi forum introduces 2025 board members rick calinski nipsco director of public affairs and economic development and bert cook https nwindianabusiness com community business news nwi forum introduces 2025 board members 72729 nwi forum is comprised of local economic development commission reps and other large businesses unity foundation board of directors katie eaton is the public affairs economic development manager at nipsco eaton most recently served as the president of the michigan city chamber of commerce laporte economic advancement partnership board of directors cindy admave bert cook mayor thomas dermody michael riehle assessor mike schultz urban enterprise association of laporte uea board of directors cindy admave nipsco economic development manager bert cook mayor thomas dermody michael riehle assessor mike schultz greater laporte economic development board of directors nipsco cindy admave mayor thomas dermody michael riehle assessor mike schultz valparaiso economic development corporation board of directors katie eaton is the public affairs economic development manager at nipsco south bend regional chamber of commerce south bend regional chamber of commerce board of directors lake county in economic alliance board of directors alexius barber nipsco questa education foundation board of directors dana berkes is manager of public affairs for nipsco overseeing public affairs economic development and community relations in 11 northeast indiana counties she serves as vice president of the purdue fort wayne foundation board and holds leadership roles with greater fort wayne inc junior achievement and others https www questafoundation org news 2025 8 19 questa welcomes three new board members michigan city economic development corp board of directors robert j schaefer s involvement in economic development began during his time working at nipsco he was assigned by nipsco to work with economic development agencies throughout the region to assist them in their efforts to attract and retain businesses each of these agencies felt that nipsco s presence at the table was valuable and necessary for them to be successful when mayor sheila brillson took office among her highest priorities was job creation and economic development she wanted michigan city to be in the forefront in this arena in order to realize her vision she put together a small group of experts to assist and advise her one of those experts was bob bob called upon his economic development experience with nipsco he knew what attributes an organization needed to make economic development efforts effective based largely on bob s advice an existing non profit organization was repurposed to become mcedc with a board of directors consisting of members appointed by the mayor and the chamber of commerce bob s involvement did not end with the formation of mcedc https edcmc com wp content uploads 2022 07 bob schaefer bio pdf northwest indiana forum northern indiana public service company llc nipsco welcomes spencer summers to the role of economic development manager in this role summers will position northwest indiana s strategic assets to decision makers nationwide while cultivating relationships with site selectors investors and industry leaders to advance sustainable economic growth enhance regional competitiveness and expand business opportunities throughout the area before joining nipsco summers served as the economic development director at the northwest indiana forum and as facility and league director at the courts of northwest indiana in valparaiso he obtained a master of business administration with a concentration in information systems from purdue university northwest in 2023 following a double major in business management and human resources from pnw in 2022 https greatnews life article nipsco welcomes spencer summers as new economic development manager other nipsco affiliations information concerning economic development organizations in northwest indiana indiana university northwest launches inaugural economic development academy regional economic development professionals will serve as program leaders imparting their expertise and experience with program participants those leaders include anthony sindone and micah pollak iu northwest economists specializing in regional economic development rick calinski nipsco director of public affairs and economic development heather ennis northwest indiana forum president ceo seth spencer sera group ceo dec 3 2025 donald babcock said he was officially retired for about four months after a 43 year stint at nipsco he now works for pnw as director of economic development and community relations https nwindianabusiness com article next acts 2025 12 gov mike braun hired washington based fti consulting inc to conduct a forensic audit of the indiana economic development corp after indiana legislative insight reported allegations of self dealing among the agency and its affiliates the big picture the audit reported no criminal findings but dozens of instances of gaps in governance and inadequate policies and procedures forty six donors including rolls royce nipsco aes and pure development which is heavily involved in the iedc led leap development in boone county received either payments or tax credits from the iedc https www axios com local indianapolis 2025 10 06 what to know about the iedc investigation 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 country landscape current events economy energy farm and country political tagged 5th amendment data centers economic development electricity environment miso nipsco public dollars for public use solar fields subsidies wind 4 comments happy thursday november 6 2025 november 6 2025 by armann and kaymann good morning my friends hope your day is going well it s been chilly here with lows in the 30s northwest indiana is expecting some snow and very cold temps in the teens this coming week time to get outside and enjoy the last few days of strolling in the woods for those of you not receiving food supplements due to government shutdown or you are finding it difficult to make ends meet remember the food banks are open and distributing nutrition in the style of the 1930s before snap was invented be grateful that others are generous in your time of need much love kimberly mann the rooster crows disclosure no form of ai is used in writing this blog 2025 kimberly mann all rights are reserved no part of this story may be reproduced distributed or transmitted in any form or by any means including printing photocopying recording or other electronic or mechanical methods without the prior written permission of the author except in the case of brief quotations embodied in critical reviews and certain other non commercial uses permitted by copyright law for permission requests send an email to the author instaviewpoint yahoo com about the author kimberly mann entered into journalism through involvement with the lois lerner irs scandal the famous legal battles of hsus and feld and the nonprofit akc entanglement with politics and genetic research of the dalmatian 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 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