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NORTHERN INDIANA PUBLIC SERVICE COMPANY
IURC Gas Service Tariff
Original Volume No. 5
Original Sheet No. 9.2B

RATE 322A
RATE FOR GAS SERVICE
COMMERCIAL AND INDUSTRIAL SPACECOOLING SERVICE

No. 2 of 3 Sheets

RATES (continued)

Commodity Charge

A Gas Supply charge per therm for all therms used per month as specified in Appendix A.1 - Sheet No. 22.1. The charge may vary monthly depending on the market cost of gas supply. The Gas Supply charge will be determined by the Company ten (10) days prior to the beginning of each billing month during which this Rider is applicable, and will be filed with the Commission for informational purposes.

Rate Adjustments

Gas supplied under this Rate Schedule shall be subject to the following surcharges:

(i) Take-or-Pay Surcharge

Such surcharge per therm shall be calculated by dividing the total take-or-pay costs charged to the Company by the projected total sales and delivered volumes for the twelve (12) month period commencing with the proposed effective date of the surcharge. The surcharge per therm shall be adjusted quarterly concurrent with the Company's Gas Cost Adjustment filing.

(ii) Transition Costs Surcharge

Such transition surcharge per therm shall be calculated by dividing the total transition costs charged to the Company by the projected total sales and delivered volumes for the twelve (12) month period commencing with the proposed effective date of the surcharge. The surcharge per therm shall be adjusted quarterly concurrent with the Company's Gas Cost Adjustment filing.

MINIMUM PAYMENT

Customer's minimum payment under this rate shall be the Customer Charge plus the Rate Adjustment.



Issued Date Issued By
Gary L. Neale
Chairman, President and Chief Executive Officer
Effective Date
November 1, 1997 Hammond, Indiana November 1, 1997

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