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NORTHERN INDIANA PUBLIC SERVICE COMPANY
IURC Electric Service Tariff
Original Volume No. 10
First Revised Sheet No. 18.3
Superceding
Original Sheet No. 18.3

RIDER 848.2
ECONOMIC DEVELOPMENT RIDER TO GENERAL SERVICE - LARGE USE,
OFF-PEAK SERVICE AND INDUSTRIAL POWER SERVICE
RATE SCHEDULES 824, 826, 832 AND 833

No. 1 of 5 Sheets

TO WHOM AVAILABLE

This is a Rider to Rate Schedules 824, 826, 832 and 833.

This Economic Development Rider is available to Industrial and Commercial Customers for new or increased service requirements that result in increased employment opportunities, which are new to the Company's electric service territory and whose plants are located adjacent to existing electric facilities having capacity sufficient to meet the Customer's requirements. Applicants must demonstrate that, absent the availability of this Rider, this new service requirement and the resultant employment opportunities would be located outside of the Company's electric service territory. Increased service requirements that displace or duplicate existing load in the Company's service territory or are brought about by the shutdown of cogeneration facilities will not qualify under this Rider. Service under this Rider shall commence subsequent to the effective date of the contract providing for service under the appropriate rate schedule between the Customer and Company and shall terminate sixty (60) months from the effective date of the contract or initial billing under the rider, whichever is later.

In the event of any rate increase, existing customers and their associated existing electric rates will not be affected by the awarding of any contract under this rider, as potential effects associated with the awarding of any Contract will be borne in that case by the Company.

CONTRACT

Service under this Rider requires a contract between the Customer and the Company. Customer shall make every effort to commence service under this rider as close to the effective date of the contract as possible. The contract shall set forth monthly base period kilowatts and kilowatt-hours, which shall be deemed those actually used during the preceding twelve (12) months. If new or increased Company facilities are required, the Customer shall be responsible for same in compliance with the Company's line extension policies in effect at the time of the contract execution.

RATE

For qualifying existing Customers with electric service and energy supplied by the Company, other than that accounted for in a completed contract under the terms and conditions of this Economic Development Rider (where applicable), the existing energy requirments shall be




Issued Date Issued By
Daniel D. Gavito
Vice President, Regulatory & Government Policy - Indiana
Effective Date
March 26, 2003 Merrillville, Indiana March 26, 2003

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