NIPSCO electric bills increase more than 25%, ranks highest rate hike in Indiana

A consumer advocacy group in Indiana says utility rates are skyrocketing, and claims NIPSCO leads the pack.

According to our CBS in Indianapolis, the Citizens Action Coalition blames monopolies for power providers as the primary reason some families are paying $50 more per month for electricity compared to a year ago.

The study claims state-approved rate hikes are the root cause.

While the state average is over 17% higher this year, NIPSCO had the highest average jump at over 26% year-over-year.

Gov. Mike Braun (R) is pushing for Indiana to become a leading nuclear power state, which he claims will bring down the cost of electricity.