MERRILLVILLE – NiSource Inc., the parent company for Northern Indiana Public Service Co., has announced first quarter net income of $193.4 million, down 7.7 percent from $209.5 million last year.
The decline was attributed to unseasonably warm weather during the first quarter.
Residential gas use was down 23.5 percent, corresponding to 23 percent warmer than normal temperature in the quarter.
At NIPSCO, net income was $29.1 million.
