Happy New Year’s Eve! When your watching that big ball fall for the sky with billions of lights burning brightly, think about the cost of electricity.
John Bear is the President of Midcontinent Independent System Operator (MISO), a NON PROFIT 501c4 with $3,500,000,000 ($3.5 Billion) In assets which is comprised of Utility companies-Electricity. ⚡💡
MISO successfully petitioned the Federal Energy Regulatory Commission (FERC) on behalf of utility companies to allow a new method to calculate costs that INCREASES the cost of Electricity: The Reliability curve!
The Reliability curve is based on classifying “Renewable” power generators like solar/wind to be considered unreliable and warrants Increasing the price of electricity. This resulted in the price going from $30 in 2024 to $666.50 in 2025. (See pic 2) Full report found here .
MISO transmission owners are companies such as Ameren, Duke Energy, NIPSCO, AES, and Entergy. MISO is comprised of approximately 54 Utility companies from Wisconsin to Louisiana including Indiana.
MISO’s John Bear sits as President of Energy Services Network (ESN), an organization that dreams up projects to increase the use of electricity. It’s all funded by the Indiana Economic Development Corp (IEDC). (See pic 3 and 4)
MISO, John Bear, campaigns around the world to INCREASE the use of renewables like solar/wind. John Bear is the recent former president of GO15 (see pic 5) who collaborates with other countries such as China. Mr. Bear loves the Climate Change ideology and so does China. Video may be seen here
China depends on the sale of Lithium Ion Cells. Lithium Ion Cells are used in Solar, Data Center Computers, Electric Vehicles etc.
Both Data Centers and BESS centers are guzzlers of Energy. They use lithium ion cells and drink electricity like a professional Drunkard on New Year’s Eve.
These Energy guzzlers just happen to be customers of MISO transmission owners such as NIPSCO and their new UNREGULATED entity GenCo. Better yet, BlackStone recently purchased 20% of NIPSCO. BlackStone is one of the Worlds largest Data Center Owners which means we pay them to build the data centers – we give them tax abatements, tax credits, federal funds- then we pay them for the equipment to generate electricity- then we pay them to build more generators- we pay them through the IEDC- and last but not least: WE PAY THEM MONTHLY OUT OF WAGES LEFT OVER.
NIPSCO is Northwestern Indiana’s gas and electric supplier 20% owned by Blackstone (one of the largest data center builder/energy infrastructure/Developer in the world). They have acquired seats on the board of directors of Economic Development Corporations that dish out tax dollars to themselves.
NIPSCO is on nearly every Economic Development board in the area they cover. Those Economic Development (ED) boards decide who receives billions of tax payer dollars. NIPSCO has an in house Economic Development Dept. with representatives that sit on local and state ED boards.
NIPSCO actively recruits new businesses that guzzle energy equivalent to the size of cities such as Data centers WITH TAX DOLLARS DISTRIBUTED THROUGH ECONOMIC DEVELOPMENT BOARDS.
NIPSCO out of Merrillville Indiana spent approximately $141,000 in 2024 lobbying state representatives. Rep. Ed Soliday authored 5 bills in 2024. All 5 made it easier for utilities to increase their profit margin.
NIPSCO files rate requests with the Indiana Utility Regulatory Commission (IURC) stating their need to raise rates because of lack of reliable energy, increased demand from industry that they themselves recruited to our neighborhood.
NIPSCO has the ability to sell energy to other areas, including other countries such as Canada – Mexico where rates are higher.
NIPSCO actively builds solar fields with Economic Development funds (tax dollars). The Grid Operator in Indiana has DECLARED solar and wind as unreliable power sources under their new formula for pricing energy i.e. the reason for the price increase from 2024 at $30 to the summer 2025 price of $666.50.
NIPSCO files rate requests with the Indiana Utility Regulatory Commission (IURC) stating their need to raise rates because of lack of reliable energy, increased demand from industry that they themselves recruited to our neighborhood.
They are drawing in energy guzzlers with your money, building energy sources that are declared unreliable by the Grid Operator which does nothing to reduce price. They actively lobby key government officials who sympathize with their profit margin to pass laws that tie the hands of the Indiana Utility Regulatory Commission leaving them no choice but to increase rates. Their employees are controlling the distribution of your tax dollars that increase their bottom dollar!
December 11, 20025 By Data Centers AI ChatGPT with facts provided by Kimberly Mann
Northern Indiana is experiencing a utility crisis fueled by rising electricity costs, inaccessible decision-making, and a pipeline of policy decisions that elevate corporate and utility interests above public welfare. A close review of regulatory filings, legislative texts, grid operator classifications, and utility statements reveals a pattern: NIPSCO and its parent company, NiSource, have positioned themselves at the center of an incentive-driven system that profits while Hoosiers pay more.
Utilities Paid to Generate—and NOT Generate—Electricity
NIPSCO receives compensation both for producing electricity and for not producing it under certain market conditions (PJM and MidContinent Independent System Operator (MISO) market rules, demand response programs). These financial structures allow utilities to profit regardless of customer relief or grid stability.
At the same time, NIPSCO can sell excess electricity—produced with customer-funded infrastructure—to foreign markets for higher profit. Source: NIPSCO public claims on “excess power sales” (NIPSCO.com).
Electricity as a Life-Sustaining Commodity in Indiana
Northern Indiana’s winter climate makes electricity and gas critical to survival. Many residents choose between utilities and food on a monthly basis (Source: Indiana Community Action Poverty Data, 2023)
1. Closed-Door Development Networks Influence Land Use and Energy Demand
NIPSCO sits on local and regional economic development boards that help determine land use, industrial siting, and incentive allocation. These boards often conduct negotiations behind closed doors, outside public oversight.
A major structural shift occurred when a federal judge ruled the Indiana Economic Development Corporation (IEDC) was not a public agency but a private corporation that is funded with hardworking citizen’s tax dollars ranging in the billions of dollars. Source: Federal District Court ruling, widely reported (2024).
This means billions in taxpayer-funded incentives are administered by a private entity acting without public transparency.
2. Industrial Energy Guzzlers Subsidized by Taxpayers
Large commercial operations are placed on Indiana farmland with monetary support from:
Tax Increment Financing (TIF) districts
State and federal subsidies
Local tax abatements
Economic development incentive packages
Utility-backed discount programs (EDRs)
These incentives shift costs downward onto residential customers.
Meanwhile, utilities use the arrival of energy-intensive facilities to justify new generation construction—costs that also fall on ratepayers.
3. Renewable Energy Projects Classified as Unreliable by Grid Operators
MISO (Midcontinent Independent System Operator), the grid operator for Northern Indiana, designated solar, wind, and battery storage as “unreliable/intermittent” resources on the 2024 reliability curve. Source: MISO Reliability-Based Demand Curve (RBDC) briefings, 2024–2025; MISO Resource Adequacy Subcommittee (RASC) update 7/10/2024.
Because of this classification, these renewable projects contribute little to the capacity obligation that determines customer rates—even though they receive enormous subsidies.
Impact: They raise, not lower, long-term cost obligations.
4. House Bill 1007: Guaranteed Utility Profits and Nuclear Development Subsidies
Indiana House Bill 1007 (May 2025), authored by Rep. Ed Soliday, allows utilities to:
Recover 80% of small modular nuclear reactor (SMR) development costs upfront
Recover the remaining 20% even if the reactor is never completed
Charge residential customers for new power plants while also receiving economic development subsidies
Collect ongoing operational costs if the IURC blocks retirement of any generation resource
Sources: Indiana House Bill 1007, 2025 session (legislative text) Public reporting on SMR project failures nationwide (DOE, NRC status updates)
No Small Modular nuclear Reactor facility in the U.S. has been completed.
NIPSCO spent $141,100 on lobbying legislation in topics Energy, Environment, Licensure, Taxation, Utilities in 2024. Source: Indiana Lobby Registration Commission (ILRC) annual filings. Rep. Soliday represents the area where NIPSCO is headquartered (Merrillville) and serves on the Committee on Utilities, Energy, and Telecommunications. All 5 of the 5 bills authored by Rep. Ed Soliday involved Energy generation, carbon sequestration, Quantum research (data centers) tax incentives, Expedited approval of electric transmission and generation projects. Others Co Sponsored and Sponsored included but not limited to Water, Wastewater, IURC matters, Nuclear reactor development costs, energy production zones, water utilities, and construction of data centers. Source: https://iga.in.gov/legislative/2025/legislators/legislator_edmond_soliday_864
5. Capacity Cost Explosion: $30 → $666.50
MISO’s first-ever application of the Reliability-Based Demand Curve (RBDC) that qualifies Solar/Wind as unreliable triggered a record capacity price spike:
This represents a 2,122% increase, the highest in regional history.
Despite billions in renewable investments, capacity costs still rose because MISO classified renewables as unreliable.
6. NIPSCO’s Internal Economic Development Network
NIPSCO divides Northern Indiana into mapped territories, each managed by an in-house economic development representative. These NIPSCO employees sit on the following boards among other local Economic Development boards listed at the bottom of this report:
Indiana Economic Development Corporation
Northwest Indiana Forum
Michiana Regional Economic Development Corporation
Their mission: recruit large commercial energy consumers into NIPSCO’s territory.
7. Renewable Projects Owned or Contracted by NIPSCO
NIPSCO’s renewable portfolio includes:
Dunns Bridge I
Dunns Bridge II
Cavalry Solar Energy Center
Indiana Crossroads
Fairbanks Solar
Crossroads II Wind
Green River Solar- upcoming
Gibson Solar Gibson County- upcoming
Fairbanks Solar Sullivan County- upcoming
Appleseed Solar Cass County-upcoming
Source: NIPSCO Generation Transition portfolio.
These projects require heavy subsidies but do not reduce capacity costs under MISO’s rules.
NIPSCO claims customers received $60 million in Renewable Energy Credit (REC) returns since 2021.Source: NIPSCO public statements (2024–2025).Yet residential electric and gas bills rose about 30% in 2025 when including the loophole titled: Delivery charge. Just a $28 use of gas charges resulted in a $75 delivery fee plus a kwh raise.
These assessments confirm what the data shows: the system is working extremely well for utilities and investors—and failing residents.
Conclusion: A System Designed Against Consumers
This investigation shows a circular, self-reinforcing structure:
Utilities recruit large industrial energy users.
Industries receive taxpayer-funded incentives and discounted electricity.
Utilities claim new generation must be built to serve them.
Utilites lobby Representatives to force IURC to raise rates and payments for uncompleted/forced-open projects
Utilities build unreliable renewable facilities that raise capacity costs.
Utilities cite capacity shortfalls to raise residential rates.
Excess reliable power is sold to foreign markets for profit.
Financial markets reward utilities for “margin expansion.”
Meanwhile, Indiana families—facing record costs and limited oversight—are left to shoulder the burden.
Unless regulatory conditions change and public transparency improves, Indiana’s energy landscape will continue prioritizing private profit over public necessity.
Short List of NIPSCO employees on the boards of Economic Development programs in Indiana:
**The Association of Indiana Counties (AIC)– Board of Directors-Cindy Admave NIPSCO. AIC’s purposes and goals are to seek the betterment of county government through: representation of counties at the Indiana General Assembly; research and dissemination of information; communications through publications and seminars; professional training and educational programs; liaison between counties, state and federal agencies; and technical and managerial assistance. While there are a number of agencies and groups offering assistance to county government, AIC is the only entity that represents the legislative needs of Indiana counties.” https://web.indianacounties.org/Associate/NIPSCO-206
**Starke County Economic Development Foundation – SCEDF Sponsors: Northern Indiana Public Service Company (NIPSCO) Cindy Admave, Economic Development Department.
**Unity Foundation board of directors: Katie Eaton is the Public Affairs & Economic Development Manager at NIPSCO…Eaton most recently served as the President of the Michigan City Chamber of Commerce.
*”LaPorte Economic Advancement Partnership Board of directors: Cindy Admave, Bert Cook, Mayor Thomas Dermody, Michael Riehle, Assessor Mike Schultz
** Urban Enterprise Association of LaPorte (UEA) Board of Directors : Cindy Admave NIPSCO Economic Development Manager, Bert Cook, Mayor Thomas Dermody, Michael Riehle, Assessor Mike Schultz
**Greater LaPorte Economic Development BOARD OF DIRECTORS: NIPSCO Cindy Admave, Mayor Thomas Dermody, Michael Riehle, Assessor Mike Schultz
**Valparaiso Economic Development Corporation Board of Directors :. Katie Eaton is the Public Affairs & Economic Development Manager at NIPSCO.
**South Bend Regional Chamber of Commerce: South Bend Regional Chamber of Commerce Board of Directors :
**Lake County IN Economic Alliance Board of Directors: Alexius Barber NIPSCO
** Michigan City Economic Development Corp : Board of Directors : Robert J. Schaefer’s involvement in economic development began during his time working At NIPSCO. He was assigned by NIPSCO to work with economic development agencies Throughout the region to assist them in their efforts to attract and retain businesses. Each of These agencies felt that NIPSCO’s Presence at the table was valuable and Necessary for them to be successful. When Mayor Sheila Brillson took office, Among her highest priorities was job Creation and economic development. She Wanted Michigan City to be in the forefront In this arena. In order to realize her vision, She put together a small group of experts To assist and advise her. One of those Experts was Bob. Bob called upon his economic Development experience with NIPSCO. He Knew what attributes an organization Needed to make economic development Efforts effective. Based largely on Bob’s advice, an existing non-profit organization Was repurposed to become MCEDC with a Board of directors consisting of members Appointed by the Mayor and the Chamber Of Commerce. Bob’s involvement did not end with the formation of MCEDC https://edcmc.com/wp-content/uploads/2022/07/Bob-Schaefer-Bio.pdf
** Northwest Indiana Forum : Northern Indiana Public Service Company, LLC (NIPSCO) welcomes Spencer Summers to the role of Economic Development Manager. In this role, Summers will position Northwest Indiana’s strategic assets to decision-makers nationwide while cultivating relationships with site selectors, investors and industry leaders to advance sustainable economic growth, enhance regional competitiveness and expand business opportunities throughout the area….Before joining NIPSCO, Summers served as the Economic Development Director at the Northwest Indiana Forum and as Facility and League Director at The Courts of Northwest Indiana in Valparaiso. He obtained a Master of Business Administration with a concentration in Information Systems from Purdue University Northwest in 2023, following a double major in Business Management and Human Resources from PNW in 2022 https://greatnews.life/article/nipsco-welcomes-spencer-summers-as-new-economic-development-manager/
Other NIPSCO Affiliations/Information Concerning Economic Development organizations in Northwest Indiana:
**Indiana University Northwest launches inaugural Economic Development Academy. Regional economic development professionals will serve as program leaders, imparting their expertise and experience with program participants. Those leaders include:
Anthony Sindone and Micah Pollak, IU Northwest, economists specializing in regional economic development
Rick Calinski, NIPSCO, Director of Public Affairs and Economic Development
Heather Ennis, Northwest Indiana Forum, President & CEO
**Gov. Mike Braun hired Washington-based FTI Consulting Inc. to conduct a forensic audit of the Indiana Economic Development Corp. after Indiana Legislative Insight reported allegations of self-dealing among the agency and its affiliates….The big picture: The audit reported no criminal findings but dozens of instances of “gaps in governance and inadequate policies and procedures.” Forty-six donors, including Rolls-Royce, NIPSCO, AES and Pure Development, which is heavily involved in the IEDC-led LEAP development in Boone County, received either payments or tax credits from the IEDC.https://www.axios.com/local/indianapolis/2025/10/06/what-to-know-about-the-iedc-investigation
“How a buzzword became the ultimate greenwashing tool”
by Kimberly Mann
A word that carries moral weight- a perfect term for people who use language for power. Industrial manufacturers invoke it to cover their environmental pollution, politicians use it to boost their ego and harvest votes, writers use it convince readers they are concerned about the environment, and citizens repeat it to feel part of the “in crowd”.
Phrases such as “to power a sustainable future”, “creating a sustainable world”, “to generate a sustainable future” lead the public to believe through the use of this one word that the manufacturers involved in the ongoing “sustainable” revolution are part of the solution, not the problem.
Many manufacturing sectors are part of the Sustainable “problem.” Solar Power. Data Centers. Wind Power. Battery Centers. Aluminum Bauxite Mining. Electric Cars. The list goes on and on. Many of these are relatively new manufacturing systems that received billions in tax dollars through the Infrastructure Act and billions more through the Economic Development Administration found to be “unethical” in many states, including Indiana.
Sustainable-Renewable-Tranparent are known to be associated with politically active investment companies who use their monetary power to promote and support “Sustainable” energy, also known as Environmental, social, and governance (ESG) initiatives including Solar and Wind. Financial giants like Blackrock who are known to be politically active through ESG investments are currently experiencing scrutiny by Attorney General Offices in multiple states.
Todd Rokita, Indiana Attorney General, in conjunction with 10 other states filed a lawsuit in Texas against State Street, Vanguard, and Blackrock for allegedly conspiring to manipulate energy markets, especially the coal market in Indiana.
Northern Indiana was especially hard hit when the Northern Indiana Power and Service Company (NIPSCO- a NiSource company) received a rate increase of 16.75% in 2025. Among the reasons cited: its transition away from coal.
BlackRock’s total holdings in NiSource rose to approximately 47.3 million shares in August 2024 just prior to NIPSCO rate hike request.
Meanwhile, Doral Renewables – one of the largest and newest Solar fields in Indiana- received millions of dollars in Economic Development approved by the former Indiana Gov. Holcomb who now sits on Doral’s board of directors. Doral also secured more than $1.5 Billion in financing for the Indiana solar projects partially funded by Truist Bank– partially owned by BlackRock.
Sustainable, renewable, transparent, are all buzzwords that lobbying organizations use to sway an elected official’s vote. Lobbyist hired by ESG investors like Blackrock to check for weaknesses in local ordinances. A shell company then buys the land and completes construction to prevent anyone from knowing a “sustainable” company is the purchaser with intent to use the land in an environmentally unsound Industrial business.
Construction movement is often the first sign that draws the attention of local residents. A little remedial investigative work brings to light who and what is moving in next door. Neighbors exchange information and present a case against these “sustainable” organizations to their local elected officials – but by the, the deals are often done.
Residents of small towns and cities are often caught off-guard like in Port Washington Wisconsin, Evansville Indiana, and Michigan City Indiana and claim they are blindsided by industrial land deals arranged by Phoenix investors. Critics allege that local officials, including economic development boards such as the Michigan City Economic Development Corporation sold land to Phoenix with little public notice or transparency.
Citizens are unprepared to deal with environmentally damaging organizations that strip farmland, destroy wetlands, requires excessive use of local resources such as water that may deplete local groundwater aquifers around the Great Lakes, and/or pollute the air with Particulate Matter 2.5 that is associated with a high cancer risk.
There is nothing sustainable about removing farmland from production. Nothing renewable about a destroyed wetland. Nothing transparent about the hidden cost to human and ecological life.
When ordinances are drawn up to limit size, guaranteeing nearby property values, and draw a boundary for wetlands, the Corporate “Sustainable” lawyers go into overdrive looking for fail safes in law that will protect their assumed right to plunder an unsuspecting community with environmental hazards. They file law suits – such as Indiana court case 46D02-2509-PL-02573– or pressure local officials through lobbying.
The result is often a clash between the politically corrupt and the politically moral.
The politically corrupt: The art of deception has not been lost- it has evolved. The flimflam man of old no longer dressed in flannel shirts and coveralls. He puts on a suit and tie and calls himself a friend of the people while funneling taxpayer money into “sustainable” industries that produce jobs paying less than the cost to create them.
The Politically Moral: Those who dare to challenge “sustainable manufacturers” risk their livelihood through politically tainted local media sources, dragging their names through the mud by exposing the last candy bar they stole to remove their vote from the political roll call in an effort to make “sustainable” look justifiable.
Local representatives often face a choice: career destruction or financial compromise. Meanwhile, national leaders hear mainly from lobbyists posing as environmental advocates hired by corporations like BlackRock.
Ultimately, the public bears responsibility for allowing unsavory transfers of money and under the table deals.
Let’s define Sustainable in real terms:
The word that means “I’m political.” “I’m being paid millions – sometimes billions – of your tax dollars to build a business that forces you to purchase my product, whether solar, wind, or another form of energy. I can set prices legally through friendly regulators, and receive taxpayer compensation through local, state, and Federal economic development programs. The infrastructure serving my business- roads, power lines, water- is paid for by you”
Disclosure: No form of AI is used in the writing on this blog.
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Kimberly Mann entered into journalism through involvement with the Lois Lerner IRS scandal, the famous legal battles of HSUS and Feld, and the nonprofit AKC entanglement with politics and genetic research of the Dalmatian.
A family reunion letter hit our mailbox today from the little town I grew up in which of course, sparked all kinds of revisited conversations like talking about the family gossip, the one that talked too much, or the one that removed themselves from the family to avoid persecution. There was one topic that stuck with every conversation, the farming.
Farming has become a type of work that many have no idea what it means. How do you do that? How can you have a garden and not use chemicals? Or, the statement of “I wish I knew how to garden” hits me on the forehead and absolutely stuns the daylights out of me. My question is why don’t you already know that? Are we so removed from the earth and how it works that we are unable to provide sustenance for ourselves?
I grew up on farm. Gardening was built into my blood. If I don’t have some type of plant to take care of, my nurturing brain feels abandoned. Having a garden was so natural to our family that not having a garden would have put you on the “Prayers, Get Well Soon” list at church. Tradition provided us a method by which we fed our families by what we grew, not by what was at the grocery store or McDonalds.
The comparisons of today’s family and those that grew up in the first part of last century are so far apart in lifestyle that you would think we are from different planets. Great Grandma found it normal to walk 100 feet out to the barn to pump water into a bucket to boil the green beans that she grew and picked that morning. My Grandchildren wouldn’t even be able to understand the sentence, let alone the actions of Great Grandma.
Do we really believe we are moving our society into the right direction? People are demanding more electricity for availability of more internet use and eventually AI, more healthcare availability in a system that provides very little in the way of cure with expensive manmade drugs that masks the symptoms of food that has been genetically modified, more food production in smaller areas to reduce crop coverage increasing solar panels that create unrecyclable trash. All in the name of and to the benefit of big companies like Google, Amazon, Monsanto, Bayer who work together to create the problems you want to solve with their solutions. Problems and Solutions that are really unnecessary to life.
We need food, clothing, and shelter to support life. Those are the three basics. Everything else is luxury. So how are we teaching our grandchildren to supply food, clothing, and shelter for themselves to prepare them for when Google, Amazon, Monsanto, Bayer all decide you or your grandchildren are no longer necessary.
They have no morals and brag about that fact. They will raise prices, consume all the natural resources to feed their habit of computer technology, make your grandchildren build robots that eventually take their jobs leaving them without income and a larger class of poor, and make life impossible to live because your grandchildren are completely dependent upon a small group of people for even the most basic necessity, food and water. That’s slavery or imprisonment without walls. Will your grandchildren be one of the “lucky ones” to build the robots, that put their friends and their children into poverty, to buy food?
We need to be careful of the direction we take our world. We are making a statement of where humanity is going with every silent voice that was never heard because it was too scared to rock the boat, lose their job, or face retaliation for voicing their opinion. Freedom doesn’t ring quietly. It screams with all of its might.
For every ton of rareearth metals produced to make Electric Cars, Wind turbines and Solar panels, the mining process yields 13kg of dust, 9,600-12,000 cubic meters of waste gas, 75 cubic meters of wastewater, and one ton of radioactive residue.
China began heavily mining for rare earths around the 1990’s near Mongolia. Prevalence of cancer in China rose from 7,023,979 in the year 2000 to 18,779,180 in 2019. The highest rate of cancer deaths for men and women combined was in Mongolia at 175.9 people per 100,000 according to the World Cancer Research Fund.
The Want China Times reported in 2011 on the illnesses locals were suddenly experiencing. “Livestock have died en masse, and some of the radioactive materials found in the mud have been tied to increased risk of several types of cancer, including leukemia” the report added.
For national security, we now want to bring this toxic, dangerous mining process to our homes. “USA Rare Earths is also developing a new mine in Hudspeth County, Texas, called the Round Top Heavy Rare Earth, Lithium, and Critical Minerals Project.”
The USA has promised to install solar power on its land to the World Economic Forum. Farmland that produces the nations food is being sold and leased in record numbers to Conglomerates, Billionaires such as Bill Gates who is an Agenda Contributor to the World Economic Forum (WEF) and population reduction enthusiast, and foreign countries.
WEF says they are “an international non-governmental and lobbying organisation based in Cologny, canton of Geneva, Switzerland. It was founded on 24 January 1971 by German engineer and economist Klaus Schwab. The foundation, which is mostly funded by its 1,000 member companies – typically global enterprises with more than five billion US dollars in turnover….”