Bill > SB0146

This bill modifies Indiana's electric utility regulations, primarily focusing on the Transmission, Distribution, and Storage System Improvement Charge (TDSIC) plans and electric utility service attributes. The legislation establishes affordability as the most important consideration when making decisions about electric generation, energy infrastructure, and rate-setting. For TDSIC plans, public utilities must now include an executive summary with their petition to the Indiana Utility Regulatory Commission (IURC), detailing proposed improvements, their costs, and justification. Both the utility and the IURC are required to publish the TDSIC plan and its annual updates on their respective websites. The bill also stipulates that utilities can only recover the deferred 20% of approved capital expenditures after completing the specific transmission, distribution, and storage system improvements outlined in their plan. Additionally, the legislation maintains a cap on revenue increases at 2% in a twelve-month period and requires utilities to file for a general rate review before their approved TDSIC plan expires. These changes aim to provide more transparency, emphasize affordability, and create a more structured approach to utility infrastructure improvements and rate adjustments.

Transportation and Infrastructure

https://iga.in.gov/legislative/2026/bills/senate/146/details