NiSource Columbia Operations — Cost of energy increased by 41.6% to $383.90M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 1.1%, from $379.80M to $383.90M. Over 3 years (FY 2022 to FY 2025), Columbia Operations — Cost of energy shows a downward trend with a -5.7% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Fluctuations are often driven by commodity market prices; high costs may impact working capital, though they are generally recovered through rates.
The direct costs associated with procuring natural gas or electricity for distribution to customers within the Columbia...
Standard 'Cost of Sales' for utilities; peers report this as a major operating expense influenced by global energy markets.
ni_segment_columbia_operations_cost_of_energy| Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $244.60M | $244.60M | $244.60M | $244.60M | $161.25M | $161.25M | $161.25M | $161.25M | $228.80M | $56.30M | $34.20M | $195.40M | $379.80M | $110.40M | $58.50M | $271.10M | $383.90M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | -34.1% | +0.0% | +0.0% | +0.0% | +41.9% | -75.4% | -39.3% | +471.3% | +94.4% | -70.9% | -47.0% | +363.4% | +41.6% |
| YoY Change | — | — | — | — | -34.1% | -34.1% | -34.1% | -34.1% | +41.9% | -65.1% | -78.8% | +21.2% | +66.0% | +96.1% | +71.1% | +38.7% | +1.1% |