NiSource

NiSource Inc. is a Fortune 500 energy holding company headquartered in Merrillville, Indiana. It is one of the largest fully-regulated utility companies in the United States, serving approximately 3.3 million natural gas customers and 500,000 electric customers across six states.

Overview:

NiSource operates through its local distribution companies (LDCs). These LDCs provide natural gas and electric service to residential, commercial, and industrial customers in northern Indiana, southwestern Pennsylvania, Ohio, Kentucky, Maryland, and Virginia. The company's operations are subject to regulatory oversight by state utility commissions.

History:

NiSource's history dates back to the late 19th century. Over time, through mergers and acquisitions, it evolved into the integrated energy company it is today. Key predecessor companies include Northern Indiana Public Service Company (NIPSCO), which remains its largest subsidiary.

Services:

NiSource primarily focuses on the distribution of natural gas and electricity. Services include:

• Natural Gas Distribution: Delivering natural gas to customers for heating, cooking, and other uses.
• Electric Distribution: Delivering electricity to customers for lighting, appliances, and other uses.
• Energy Efficiency Programs: Offering programs to help customers reduce their energy consumption.

Commitment to Sustainability:

NiSource has publicly stated its commitment to reducing its greenhouse gas emissions and transitioning to a cleaner energy future. This includes retiring coal-fired power plants and investing in renewable energy sources.

Community Involvement:

NiSource engages in various community outreach programs and supports local initiatives in the areas it serves.

Governance and Leadership:

NiSource has a board of directors and a management team responsible for overseeing the company's operations and strategic direction.

Ticker Symbol:

The company's stock is publicly traded on the New York Stock Exchange (NYSE) under the ticker symbol "NI."