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Bill > SB0152


IN SB0152

IN SB0152
Utilities matters.


summary

Introduced
01/05/2026
In Committee
01/05/2026
Crossed Over
Passed
Dead

Introduced Session

2026 Regular Session

Bill Summary

Utilities matters. Allows an electric or gas utility to establish a customer assistance program for qualified residential customers. Requires the approval of the Indiana utility regulatory commission (IURC) before a public utility may sell stock, enter into certain contracts, effect a reorganization, or acquire control of another public utility. Provides that if a public utility requests IURC approval of the sale, assignment, or transfer of the public utility's franchise, works, or system, the IURC shall grant a right of first refusal to: (1) a municipality in which the public utility's works or system is located; or (2) a public charitable trust; for the purchase or acquisition of the public utility's franchise, works, or system. Provides that the IURC may not authorize a public utility that: (1) provides retail electric or natural gas service; and (2) is under the IURC's jurisdiction for the approval of rates and charges (energy utility); to recover through the energy utility's retail rates and charges any direct or indirect costs associated with specified expenses and activities related to lobbying, legislative action, political activities, charitable giving, litigation, investor relations, and other specified activities and expenses. Requires an energy utility, beginning in 2026, to file with the IURC an annual report that includes specified information concerning costs to: (1) the energy utility; or (2) an affiliate of the energy utility; that are related to these expenses or activities and that are directly billed or allocated to the energy utility. Requires the IURC to make available on the IURC's website a direct link to the annual reports provided by all energy utilities under these provisions. Provides that on any customer bill issued by an energy utility after December 31, 2026, the energy utility must include a break down of the charges and fees that make up the total amount owed, including a description of the service or cost associated with each charge or fee. Sets forth certain charges and fees that must be delineated as specific line items on each customer bill.

AI Summary

This bill allows electric or gas utilities to create customer assistance programs for low-income residential customers, requiring approval from the Indiana Utility Regulatory Commission (IURC). It also mandates IURC approval for public utilities before they can sell stock, enter into certain contracts, undergo reorganization, or acquire control of another utility, and grants municipalities or public charitable trusts a right of first refusal if a utility seeks to sell its franchise, works, or system. Furthermore, energy utilities, defined as those providing retail electric or natural gas service under IURC rate approval, will be prohibited from recovering costs associated with lobbying, political activities, charitable giving, investor relations, and certain other expenses through customer rates. Beginning in 2026, these energy utilities must file annual reports detailing these costs, which will be publicly available on the IURC website, and by the end of 2026, customer bills must provide a detailed breakdown of all charges and fees.

Committee Categories

Transportation and Infrastructure

Sponsors (3)

Last Action

First reading: referred to Committee on Utilities (on 01/05/2026)

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