NISOURCE INC
For the period ended Sep 30, 2024. Filed Oct 30, 2024.
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Sep 30, 2024 · Filed Oct 30, 2024
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Asset Retirement Obligation
- Asset Retirement Obligations
During the third quarter of 2024, we continued to evaluate the applicability of revisions to the EPA rule for disposal of CCRs, which was announced in May 2024. As a result, we recorded an increase of $164.6 million based on initial assessments of estimated costs to comply with the EPA rule for certain sites. Additional costs would be recorded when they become probable and estimable. These costs are expected to be recoverable through existing and future depreciation rates. See Note 15, "Other Commitments and Contingencies - C. Environmental Matters," for additional information on the legacy CCR rule.
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