2013

  • The state of Indiana approved landmark legislation developing a framework for the modernization of gas and electric infrastructure, setting the stage for NIPSCO’s significant long-term investments in its infrastructure.
  • In May, NiSource announced a 4.2 percent common stock dividend increase.
  • NiSource Midstream Services placed its $160 million Big Pine Gathering System into service, which will gather natural gas from area Marcellus shale producers to existing interstate pipelines in western Pennsylvania.
  • NiSource was named one of the World's Most Ethical Companies by the Ethisphere Institute for the second year in a row.
  • NiSource Chairman Ian Rolland retired after more than 30 years of service; Richard Thompson named new chairman.
  • Columbia Gas of Pennsylvania reached a unanimous settlement with customers in a new base rate case, which supports the modernization of that state’s utility infrastructure.
  • The EPA recognized Columbia Gas of Ohio as a 2013 ENERGY STAR PARTNER OF THE YEAR. 
  • NiSource sold its retail services business to AGL Resources in a $120 million transaction.
  • The Federal Energy Regulatory Commission approved a landmark agreement to modernize the Columbia Gas Transmission pipeline network.
  • NIPSCO received regulatory approval for the introduction of a Green Power Rate pilot program, which complements a variety of other renewable energy and customer programs currently offered in Indiana.

2012

  • NiSource companies donated more than $6.8 million to organizations across our service territory.
  • NiSource delivered non-GAAP earnings per share of $1.46, an increase of 10.6 percent over 2011, and produced a total shareholder return of 8.5 percent – exceeding both the Dow Jones and S&P utility indices for the fourth straight year.
  • Capital investments at NiSource reached a record $1.6 billion, which funded stakeholder-focused, accretive infrastructure investment opportunities across its businesses.
  • In the wake of Hurricane Sandy, more than 80 skilled volunteers from NiSource’s electric and natural gas subsidiaries joined in efforts to restore power and assist those hardest-hit by the storm. NiSource’s charitable arm also pledged $25,000 to the American Red Cross, with additional contributions from the company’s business units and employees.
  • NiSource outlined an enhanced long-term growth strategy, centered around an inventory of more than $25 billion in infrastructure modernization and growth investment opportunities spanning the company's natural gas and electric operations. 
  • On October 1, Jim Stanley was named executive vice president and group CEO of Northern Indiana Public Service Company. 
  • Columbia Gas Transmission reached a customer settlement for its comprehensive interstate pipeline modernization program. 
  • In September, NiSource was named to the Dow Jones Sustainability Index in recognition of the company's sustainable business practices and performance. 
  • NiSource rang The Closing Bell in recognition of 50 years of trading on the New York Stock Exchange and in commemoration of Northern Indiana Public Service Company’s 100-year anniversary. 
  • NiSource Midstream Group announced a joint venture, Pennant Midstream, with affiliates of Hilcorp Energy Company to construct the gathering and processing facilities to support shale gas and liquids production in northeast Ohio and western Pennsylvania. 
  • On May 1, Joe Hamrock was named executive vice president and group CEO of NiSource Gas Distribution. 
  • U.S. Deputy Secretary of Transportation John Porcari recognized NiSource for development of safe, reliable energy infrastructure and contributions to economic growth and job creation in Ohio.
  • U.S. Secretary of Transportation Ray LaHood and Pittsburgh Mayor Luke Ravenstahl recognized NiSource for our pipeline infrastructure modernization and replacement investment, including the $4 billion investment planned on our Columbia Gas Transmission system.
  • Columbia Gas of Virginia’s WarmWise energy efficiency and conservation program – WarmWise – received the Southern Gas Association 2012 Residential Marketing Award. 
  • In March, NiSource was named one of the World’s Most Ethical Companies by the Ethisphere Institute. The achievement is in recognition of NiSource’s commitment to ethical leadership, compliance practices and corporate social responsibility. 
  • The U.S. Environmental Protection Agency awarded the AEP Ohio/Columbia Gas of Ohio ENERGY STAR® New Homes Program with the 2012 ENERGY STAR Partner of the Year Award.
  • NiSource approved its first common stock dividend increase in more than a decade – a 4.3 percent increase.
  • NiSource introduced mobile websites at all of our local utilities. Bill-pay options, safety information and emergency reporting all are available via the mobile websites.

2011

  • NiSource delivered total shareholder return of approximately 40 percent in 2011, significantly outperforming broader market and utility indices for the third consecutive year and meeting its earnings guidance for the fifth consecutive year. This performance ranked first among all companies in the Dow Jones Utility Index.
  • Columbia Gas of Virginia announced it will invest approximately $100 million in its infrastructure modernization program over the next five years.
  • NiSource Gas Distribution companies invested nearly $320 million during 2011 as part of their long-term, $4+ billion infrastructure modernization and replacement programs.
  • NIPSCO’s electric rate case settlement was approved by the Indiana Utility Regulatory Commission. The collaborative settlement supports NIPSCO's ability to provide customers with affordable, reliable and environmentally sustainable power.
  • Columbia Gas of Ohio received approval to extend and expand its energy efficiency programs for an additional five years. Over the life of the proposed programs, customers will save up to $300 million through reduced energy usage.
  • NIPSCO received approval to significantly broaden its electric energy efficiency programs. The new programs are in addition to the company's natural gas conservation programs, which have helped customers save about $12.4 million over the past four and a half years.
  • Columbia Gas of Pennsylvania received a final order on its base rate case. Included in the order is an additional $1 million annually for payment assistance programs available to income-eligible customers.
  • Columbia Gulf Transmission received approval of its 2010 base rate case settlement, which reflected updated costs and operating conditions, and further positioned the company to meet customer needs.
  • NIPSCO began pursuing approximately $850 million in new environmental investments, conservation initiatives and clean energy programs designed to improve the environmental and economic sustainability of northern Indiana.
  • NiSource’s solid financial profile was further strengthened during 2011 through initiatives to reduce financing costs, extend the company’s debt maturity profile and help manage liabilities. These included the successful issuance of $900 million of long-term notes, completion of a $250 million tender offer to repurchase high-interest long-term debt, launch of a $500 million commercial paper program, and renewal of the company’s $1.5 billion revolving credit facility for an additional four years.
  • NIPSCO received approval to expand its program to purchase customer-generated electricity from renewable energy projects.
  • NiSource’s utilities partnered together to promote electronic billing services and converted nearly 19,000 customers during the campaign, which triggered a donation of more than $120,000 to protect local freshwater areas.

2010

  • American Gas Association (AGA) recognized Columbia Gas of Maryland, Columbia Gas of Virginia and Columbia Gas of Kentucky with Safety Achievement Awards.
  • NiSource companies provided a record level of more than $6.8 million in charitable donations to local, regional and national organizations during 2010.
  • NiSource completed a $400 million equity offering of common stock. This offering, structured as a forward-sale arrangement, aligns with—and helps support—the company's optimal annual capital investment level.
  • NIPSCO received approval of a unanimous settlement of its 2010 natural gas rate case—the company's first in 20 years. The settlement resulted in an overall rate decrease for customers while enhancing operating earnings. The settlement also improved rate design and continued strong support for low-income customer assistance, energy efficiency and conservation programs.
  • NiSource Gas Transmission & Storage advanced or completed more than $150 million in strategic growth projects serving the Marcellus Shale production area and capable of providing market access to more than 500,000 dekatherms per day of natural gas. The projects included the Majorsville complex, the first integrated gathering and processing system serving the Marcellus production region in northern West Virginia.
  • Newsweek magazine ranked NiSource in its “Green Rankings” of the nation’s largest corporations—tenth overall out of 32 of the largest U.S. utilities.