Indiana SB0266 amends base rate cases for electricity suppliers, focusing on affordability and reliability.

Indiana SB0266 amends the Indiana Code to revise base rate cases for electricity suppliers. It mandates that the Indiana Utility Regulatory Commission (IURC) consider whether a requested rate increase would result in an average monthly residential bill exceeding 6% of a representative low-income customer's monthly income. The IURC must also compare the electricity supplier's actual return on investments with monthly charges to customers. The bill requires at least two public hearings in the electricity supplier's service area, including one in the largest municipality or county served.

Indiana SB0266 amends base rate cases for electricity suppliers, focusing on affordability and reliability.

Indiana SB0266 amends the Indiana Code to revise base rate cases for electricity suppliers. It mandates that the Indiana Utility Regulatory Commission (IURC) consider whether a requested rate increase would result in an average monthly residential bill exceeding 6% of a representative low-income customer's monthly income. The IURC must also compare the electricity supplier's actual return on investments with monthly charges to customers. The bill requires at least two public hearings in the electricity supplier's service area, including one in the largest municipality or county served.