Legislation That Could Save Ratepayers Moves Forward; Controversial Bill to Repeal Wetlands Law Heard in Committee; Pair of Bills Clear Senate Utilities Committee
SB 386 – Cost Securitization for Electric Utility Assets Authored by Sen. Eric Koch (R-Bedford); sponsored by Rep. Ed Soliday (R-Valparaiso) This bill creates a pilot program for CenterPoint Energy (Vectren). It provides that an electric utility that has certain qualified costs associated with an electric generation facility that will be retired from service within 24 months and are [...]