Indiana HB1002 mandates budget billing plans for electricity suppliers and establishes low-income customer assistance programs.

Indiana HB1002 requires electricity suppliers under the jurisdiction of the Indiana Utility Regulatory Commission to implement budget billing plans for all active residential customer accounts starting from July 1, 2026. These plans must include a reconciliation mechanism applied at least twice a year. The bill also mandates that electricity suppliers offer a low-income customer assistance program providing financial aid for monthly utility bills, effective by July 1, 2026.

Indiana HB1002 mandates budget billing plans for electricity suppliers and establishes low-income customer assistance programs.

Indiana HB1002 requires electricity suppliers under the jurisdiction of the Indiana Utility Regulatory Commission to implement budget billing plans for all active residential customer accounts starting from July 1, 2026. These plans must include a reconciliation mechanism applied at least twice a year. The bill also mandates that electricity suppliers offer a low-income customer assistance program providing financial aid for monthly utility bills, effective by July 1, 2026.