NiSource: Revenue growth
NiSource (NI) might be better placed on the revenue growth front than the industry because of its heavy gas distribution operations. Energy management programs have been more daunting on electric utilities (XEL) (SO).
However, NiSource’s revenue growth has been flat to negative in the last couple of years. The electric segment has shown an impressive growth in the last few quarters due to its lower operating expenses. The segment is likely to benefit from recent rate increases, which will increase its annual revenue by $72.5 million.