During the quarter, NiSource continued to execute on its well-established utility infrastructure investment strategy designed to improve safety, reliability, service and environmental performance for its customers and communities.
NiSource today announced that the company will host a conference call at 9 a.m. ET (8 a.m. CT) on Aug. 2, 2016 to review its second quarter 2016 financial results and to provide a general business update.
Columbia Gas of Kentucky has filed with the Kentucky Public Service Commission a request to recover investments and other costs associated with the company's ongoing proactive initiatives to improve the overall safety and reliability of its natural gas distribution system.
NiSource Board of Directors members elected today for the 2016-17 term include Chairman Richard L. Thompson, Richard A. Abdoo, Aristides S. Candris, Wayne S. DeVeydt, Joseph Hamrock, Deborah A. Henretta, Michael E. Jesanis, Kevin T. Kabat, and Carolyn Y. Woo.
"Our first quarter results reflect the strength of our regulated business strategy and sustained track record of delivering value to our customers through our investment programs," said NiSource President and CEO Joe Hamrock.
If approved by the Indiana Utility Regulatory Commission, the agreement will reduce capital costs for infrastructure investments by $80 million, which are subject to recovery from customers through periodic rate tracker increases.
According to Ethisphere, the designation recognizes companies that work tirelessly to make trust part of their corporate DNA, and in doing so, shape future industry standards by introducing tomorrow's best practices today.