NiSource Inc. (NYSE: NI) said it will deliver $57.5 million in savings to its existing electric customers through data center development. Subject to regulatory approval, the average residential electric customer is expected to receive a monthly bill credit of about $5 for 18 months, starting about 30 days after approval, for a total of roughly $90. The new credit builds on $1.75 billion in customer credits expected from previously announced agreements with Amazon, Alphabet and Microsoft, under which large-load customers fund the infrastructure needed to serve them and part of their contract revenues is returned to existing NIPSCO electric customers. The first of these credits is expected to begin in the first quarter of 2027 and ramp up over time.
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