If enacted, Indiana would put affordable electricity first in power decisions, while electric and gas utilities would explain and publish upgrade plans.
Indiana would put affordability first when weighing power sources, electric infrastructure, and electric rate rules. Officials would still consider reliability and environmental effects.
Electric and gas utilities seeking approval for system upgrade plans would explain the projects and costs in a short overview. They and state regulators would post plans and yearly updates online.
Electric and gas utilities could recover the remaining 20% of approved upgrade costs from customers only after finishing the planned work, through their next full rate review.
Indiana would rank affordability above other required considerations in electric utility decisions. The policy covers decisions about Indiana's power sources, electric infrastructure, and rate rules. Decision-makers would still consider reliability, how well the power system handles disruptions, and environmental effects. The proposed start date is July 1, 2026.
Utilities would submit a short overview of proposed upgrades, while they and state regulators would post the plans and yearly updates online. This applies to public electric or gas utilities seeking state approval for delivery and storage system upgrade plans. The overview would describe the work, its proposed cost, and why the utility says the work and cost are needed. Both websites would display the plans and updates prominently. The proposed start date is July 1, 2026.
A utility would wait until planned improvements are complete to recover the remaining 20% of approved costs. This covers public electric or gas utilities with approved plans to improve delivery and storage systems. The utility would recover those costs in its next general rate case, when regulators review its basic rates. The proposed start date is July 1, 2026.
No hearings or votes scheduled.