Governor says utility reforms will prioritize ratepayers as state moves to performance-based ratemaking
The governor said Indiana replaced three of five IURC commissioners to make the commission more ratepayer-conscious, highlighted a 10% recommendation from the Office of Utility Consumer Counselor and said new performance-based incentives will tie utility returns to affordability and reliability.
The full story
The governor used the briefing to emphasize a shift in utility regulation away from assured returns toward performance-based ratemaking that ties utilities' returns to affordability and reliability benchmarks.
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