Northern Indiana Public Service Company

Name

Northern Indiana Public Service Company

Legal name

Northern Indiana Public Service Company LLC

Website

https://nipsco.com

Company type

Private

Founded year

2012

Operating status

Operating

Headcount range

5,001–10,000 employees

Ownership category

akta.pro rank

Product category

Electric and Gas Utility Services

NAICS

Electric Power Distribution (221122), Electric Power Transmission, Control, and Distribution (22112), Utilities (22)

SIC

Electric Services (4911)

akta.pro primary industry

Distribution Network Service Providers (DNSPs) / Regulated Distribution Companies (Ring-fenced DSOs) (EUADABAH)

akta.pro secondary industry

Green Tariffs & Utility Renewable Supply Programs (EUAGADAJ)

Keywords

• Electric utility services
• Natural gas distribution
• Regulated energy services
• Energy efficiency programs
• Outage management services

Headquarters

HQ city

Merrillville

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Infrastructure, Operations, Supply Chain, Personnel, Technology or R&D, Marketing or Sales

Revenue model

1. Electric Service Revenue: Regulated electric utility service providing generation, transmission, and distribution to approximately 500,000 electric customers. Revenue is generated through base rates approved by the Indiana Utility Regulatory Commission plus various riders and adjustment clauses for fuel costs, transmission, environmental compliance, and demand-side management.
2. Natural Gas Distribution Revenue: Regulated natural gas distribution service to residential, commercial, and industrial customers across northern Indiana. Revenue is generated through rate schedules approved by IURC including base rates and various adjustment mechanisms.
3. Data Center Capacity Agreements: Large-scale electric capacity agreements with data center operators (e.g., Amazon AWS) for dedicated power capacity, representing a growing revenue stream driven by AI and cloud computing demand.
4. Energy Efficiency Program Administration: Demand-side management programs funded through regulatory riders, providing rebates and incentives for energy efficiency improvements to residential and commercial customers.

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels7 records

Core offering

NIPSCO is a regulated utility providing electric generation, transmission, and distribution service to approximately 500,000 electric customers and natural gas distribution to residential, commercial, and industrial customers across 32 counties in northern Indiana. The company offers comprehensive customer-facing services including energy efficiency programs, renewable energy options, billing programs, and digital account management tools.

Product overview

NIPSCO (Northern Indiana Public Service Company) is a regulated utility providing electric and natural gas services to over 1.3 million customers across Northern Indiana. The company operates as a subsidiary of NiSource Inc. and offers a unified portfolio of core utility services supplemented by customer-facing digital products and energy efficiency programs. The primary product lines include residential and commercial electric and gas service, the NIPSCO Mobile App (iOS/Android) and My Account Online Portal for digital account management, Energy Efficiency Programs (Home Assessment, Rebates, Appliance Recycling, Marketplace), Renewable Energy Programs (Green Power, Net Metering, Feed-in Tariff), Home Protection Plans, Electric Vehicle Charging infrastructure, Billing Programs (Budget Plan, DependABill), Outage Management services, and Economic Development Services for commercial and industrial customers. The digital ecosystem is anchored by the mobile app and web portal, with an AI-powered Interactive Chatbot supporting customer service.

Differentiator

Problem solved

Functional benefit

Products and services

• Electric Distribution Service Regulated electric utility service providing generation, transmission, and distribution to approximately 500,000 electric customers across 32 counties in northern Indiana, with rates approved by the Indiana Utility Regulatory Commission.
• Natural Gas Distribution Service Regulated natural gas distribution service to residential, commercial, and industrial customers across northern Indiana through over 18,000 miles of pipelines with seven interstate supply connections.
• Data Center Capacity Agreements Large-scale electric capacity agreements with hyperscale data center operators, including a 3 GW capacity agreement with Amazon Web Services for data center campuses in northern Indiana, supported by the GenCo subsidiary to ring-fence data center costs.
• Energy Efficiency Programs Suite of energy efficiency programs including Home Energy Assessment, Rebates for high-efficiency equipment (furnaces up to $250, air conditioners up to $600, smart thermostats), Appliance Recycling, Home Online Marketplace, Income Qualified Weatherization, Multi-Family Direct Install, AC Cycling, Residential New Construction (up to $1,750 per home), and Manufactured New Homes Programs (up to $3,000).
• Renewable Energy Programs Programs including Green Power, Net Metering, Feed-in Tariff (Rate 665), Excess Distributed Generation Tariff, Renewable Natural Gas, and Green Path for customers interested in renewable energy options.
• Home Protection Plans Protection plans for homeowners and renters covering heating and cooling systems, water heaters, and other home appliances, available as add-on subscription services to existing utility customers.
• Electric Vehicle Charging Services Services and programs supporting electric vehicle charging infrastructure and customer adoption across the NIPSCO service territory.
• Outdoor Lighting Services Outdoor lighting services including Dusk to Dawn Lights, LED Streetlights, and Traffic Light request services for residential, commercial, and municipal customers.

Quantifiable outcome

• 3 GW capacity commitment from Amazon representing $15 billion infrastructure investment
• +1 more outcomes

Named customers4 records

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

AI capability3 records

Feature2 records

Partnerships

Nine partnerships are on record, tiered core, major and minor.

• Hallador EnergycoreStrategic or Co-development Partner · 12 May 2026Hallador Energy signed a 12-year, $1 billion deal with NIPSCO to supply 500 megawatts of coal capacity from its Merom generating station starting in 2028. The power will serve Amazon and Google data centers. NIPSCO created a subsidiary called GenCo to ring-fence data center costs from its broader balance sheet.
• Amazon Web Services (AWS)coreStrategic or Co-development Partner · 17 December 2025NiSource and NIPSCO executed a transformative 3 GW capacity agreement with Amazon involving nearly $7 billion in energy infrastructure investments. The deal includes a sale of 19.9% equity interest in GenCo (a NIPSCO subsidiary) to Blackstone Infrastructure Partners and significant new power generation facilities to support Amazon data center expansion in northern Indiana.
• TRC (Implementation Specialist)coreImplementation/ SI/ Consulting PartnerTRC administers NIPSCO's energy efficiency programs including residential rebates, appliance recycling, home energy assessments, new construction programs, and multi-family direct install. TRC processes applications and provides customer service for these programs.
• Indiana Economic Development Corporation (IEDC)majorStrategic or Co-development PartnerPartnership with Indiana's primary economic development agency to attract businesses and data centers to northern Indiana. NIPSCO participates in site selector tools and provides energy availability information for projects recruited by IEDC.
• Northwest Indiana ForummajorStrategic or Co-development PartnerRegional economic development organization supporting business growth in northwest Indiana. NIPSCO partners on industrial attraction and retention efforts.
• North Central Indiana Economic Development PartnershipminorStrategic or Co-development PartnerRegional economic development partnership covering north central Indiana counties within NIPSCO service territory.
• South Bend-Elkhart Regional DevelopmentminorStrategic or Co-development PartnerEconomic development organization for the South Bend-Elkhart region, a key market within NIPSCO's service area.
• Northeast Indiana Regional PartnershipminorStrategic or Co-development PartnerRegional economic development organization covering northeastern Indiana markets served by NIPSCO.
• McGuireWoods (Legal Counsel)majorImplementation/ SI/ Consulting PartnerLaw firm advised NiSource Inc. and its subsidiaries on the transformative transactions related to the 3 GW Amazon capacity agreement, including Blackstone equity investment and new power generation facilities.

Scale indicators12 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Duke Energy Indiana: Duke Energy Indiana is the other major investor-owned electric utility operating within Indiana, regulated by IURC. It serves overlapping customer segments with similar electric distribution and generation operations, making it the most directly comparable regulated peer.
• Indiana Michigan Power (AEP): Indiana Michigan Power is an AEP subsidiary serving northern and central Indiana with electric generation, transmission, and distribution. It competes in similar industrial and residential customer segments within Indiana under the same IURC regulatory framework.
• CenterPoint Energy Indiana (formerly Vectren): CenterPoint Energy's Indiana operations (formerly Vectren) provide natural gas and electric service across southern and central Indiana. It is a directly comparable combined gas/electric regulated utility under the same IURC oversight as NIPSCO.
• AES Indiana: AES Indiana (formerly Indianapolis Power & Light) is an investor-owned regulated electric utility serving Indianapolis. Comparable as an Indiana-focused electric utility peer regulated by IURC and serving a similar mix of residential and large industrial customers.

Regional players

• Citizens Energy Group: Citizens Energy Group is a municipal utility serving Indianapolis and central Indiana with natural gas, water, and wastewater services. Comparable as an Indiana gas utility peer operating under a different regulatory structure (municipal vs. IURC).
• Commonwealth Edison (ComEd): ComEd is the regulated electric utility serving northern Illinois, including the Chicago metro. It is comparable as a large Midwest regulated electric distribution utility facing similar data center load growth and reliability pressures.
• Consumers Energy: Consumers Energy is a CMS Energy subsidiary providing electric and natural gas service across Michigan. Comparable as a combined gas/electric Midwest regulated utility serving residential, commercial, and industrial customers under a similar regulatory model.
• DTE Energy: DTE Energy is a Detroit-based regulated utility providing electric and natural gas service to Michigan customers. Comparable as a Midwest combined-utility regulated operator with similar customer mix and grid-modernization investment programs.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/nipsco
• Facebookfacebook.com/nipsco
• LinkedInlinkedin.com/company/nipsco-
• Instagraminstagram.com/nipsco.official

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Subsidiaries1 record

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Northern Indiana Public Service Company