What is DependaBill?
DependaBill is the only predetermined, totally guaranteed natural
gas bill that completely eliminates the effects of changing
weather and fluctuating
natural gas prices. You’ll pay the same amount for your
natural gas service every month for 12-months. There is no
interim adjustment or end-of-year reconciliation unless you
are on the program for
considerably more or less than one year.
Why is NIPSCO offering DependaBill?
NIPSCO offers this program as a service option to customers
to eliminate fluctuations in monthly gas bills. DependaBill
is designed for customers who want or need to know exactly
what their natural gas bill will be month after month.
This product should
only be purchased by customers who are interested in a fixed
monthly bill with no year-end true-up and who are willing
to pay a fee for that feature.
How is DependaBill different from the
BudgetPlan?
The BudgetPlan is adjusted periodically to reflect your actual
usage and increases in natural gas prices. Also, you have
to settle up your actual bill amount yearly. DependaBill
protects you from natural gas
price and weather changes and guarantees you’ll pay
the same fixed amount with NO adjustments due to usage or
gas prices, as long as you use energy as you have in the
past.
What if I’m currently on the
BudgetPlan but would like to enroll in
the DependaBill program?
If you choose to remain on the BudgetPlan when you enroll
in DependaBill, your existing gas BudgetPlan account will
be reviewed to determine the present
balance. For your convenience, your gas BudgetPlan shortfall
or credit will be averaged over the remaining months of the
BudgetPlan year. This amount along with your DependaBill
quote plus tax will result
in your new monthly BudgetPlan payment. Your enrollment in
the DependaBill program does not affect the electric portion
of your NIPSCO bill. You will remain on the BudgetPlan for
your electric usage as well.
If I change my mind, can I drop out
of the program? Are there termination fees?
If you decide DependaBill is not right for you, call 1-866-777-9151,
8am-4:30pm, Monday-Friday, within 10 days of your enrollment.
If you cancel after the 10-day period, early termination
fees will apply.
These fees include a charge of $10 per month for each month
remaining in the program year, a $30 charge to cover administrative
costs associated with
termination of the contract plus a cash-out amount. The total
cost to terminate the DependaBill contract will never exceed
40% of the annual DependaBill amount. For details on how
termination fees are
calculated, please see the terms and
conditions.
Will I save money if I enroll in
DependaBill?
DependaBill offers price and weather certainty and guarantees
a fixed monthly bill with no year-end balance. It does not
guarantee savings.
How do I sign up for DependaBill?
You can enroll during specific direct mail campaigns
by signing and returning the enrollment form to NIPSCO, prior to the campaign
deadline. We also offer a continuous enrollment option. This allows you to get
a DependaBill quote from one of our call center reps, by contacting NIPSCO at
1-866-777-9151, between 8am
and 4:30pm, Monday – Friday, or using our IVR
phone system at anytime. |