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NORTHERN INDIANA PUBLIC SERVICE COMPANY
IURC Gas Service Tariff
Original Volume No. 5
Original Sheet No. 21.9C

RATE 340
RATE FOR GAS SERVICE
LIQUIFIED NATURAL GAS (LNG) SERVICE

No. 3 of 3 Sheets

( 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

The Customer's minimum monthly payment under this Rate Schedule shall be the Customer Charge as stated in this Rate Schedule.

DEFERRED PAYMENT

All bills under this Schedule shall be rendered and due monthly. If not paid within seventeen (17) days after the bill is mailed, there shall be added to bills of $3.00 or less, 10% of the amount of the bill; and to bills in excess of $3.00, there shall be added 10% of the first $3.00, plus 3% of the amount of the bill in excess of $3.00.

RULES AND REGULATIONS

As a condition of service hereunder, Qualifying Customer agrees to abide by, and is obligated to comply with, the Company's rate schedules and General Rules and Regulations Applicable to Gas Service, as approved by the IURC from time to time, to the extent that they are not in conflict with or inconsistent with the specific provisions of this Rate Schedule.



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

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