Last month, Gov. Eric Holcomb appointed Wes Bennett, the now former DLGF Commissioner, to the IURC. Known for his trustworthy state partnership and a reputation for thoughtful leadership, Bennett's transition to the IURC should be well-received. His vast experience in government finance, including his 12 years as the elected clerk-treasurer for the town of Plainfield, equips him with the [...]
House Bill 1414 (Retirement of Electric Generation Facilities), authored by Rep. Ed Soliday (R-Valparaiso), narrowly passed out of the House by a vote of 52-41. The often amended bill, in its current version, prohibits a public utility from shutting down a legacy power generation resource in which the public utility has an ownership interest unless the public utility provides [...]
(INDIANAPOLIS) — The Indiana Chamber of Commerce is responding to Rail Point Solutions LLC and its lobbyist Scott Pruitt, former U.S. EPA administrator, regarding the proposed two-year moratorium on large power plants coming online. The provision was stripped from Indiana Senate Bill 472 on April 11. Pruitt and Rail Point Solutions, a subsidiary of Hallador Energy, had requested the [...]
Senate Bill 472 – Utility Rates and Acquisitions Authored by Sen. Eric Koch (R-Bedford) This bill provides that an order affecting rates of service may be entered by the Indiana Utility Regulatory Commission (IURC) without a formal public hearing in the case of any public or municipally owned utility that serves less than 5,000 customers or has initiated a [...]
Senate Bill 471 – Offenses Involving Critical Infrastructure Authored by Sen. Eric Koch (R-Bedford) This bill is designed to protect utility infrastructure, certain business assets, water infrastructure and other important infrastructure from trespassing and damages. It defines critical infrastructure to include energy infrastructure, pipelines, water infrastructure, certain business property, as well as protected categories as identified by federal law. [...]
The Indiana Utility Regulatory Commission (IURC) has taken action related to the federal tax bill. On January 3, the IURC issued an order initiating an investigation of the impact of the newly-signed federal Tax Cuts and Jobs Act on investor-owned utilities in the state. The Tax Cuts and Jobs Act, which was signed into law by President Donald Trump [...]
