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SB146 • 2026

A BILL FOR AN ACT to amend the Indiana Code concerning utilities.

A BILL FOR AN ACT to amend the Indiana Code concerning utilities.

Energy
Passed Legislature

This bill passed both chambers and reached final enrollment, even if later executive action is not shown here.

Sponsor
Senator Rick Niemeyer
Last action
2026-01-05
Official status
Introduced Senate Bill (S)
Effective date
Not listed

Plain English Breakdown

Checked against official source text during the last sync.

Electric Utility Affordability Act

This act makes affordability a top priority for electric utilities in Indiana and sets rules for how they can charge customers to improve their systems.

What This Bill Does

  • Makes sure that when making decisions about electricity, the most important thing is keeping costs low for people who use it.
  • Requires public utilities to ask the IURC (Indiana Utility Regulatory Commission) for permission before starting a TDSIC plan.
  • Tells utilities and the IURC to put their TDSIC plans on their websites so everyone can see them.
  • Says that utilities can only get back 20% of the money they spent on improving their systems after those improvements are finished.

Who It Names or Affects

  • Electric and gas public utilities in Indiana
  • The IURC (Indiana Utility Regulatory Commission)

Terms To Know

TDSIC plan
A plan by electric or gas utilities to improve their transmission, distribution, and storage systems.
IURC
Indiana Utility Regulatory Commission, which oversees utility companies in Indiana.

Limits and Unknowns

  • The bill does not specify how much the costs of improvements will be.
  • It is unclear what information must be included in the executive summary for a TDSIC plan petition.

Bill History

  1. 2026-01-05 Senate

    Authored by Senators Niemeyer, Dernulc

  2. 2026-01-05 Senate

    First reading: referred to Committee on Utilities

Official Summary Text

A BILL FOR AN ACT to amend the Indiana Code concerning utilities.
Electric utility affordability; TDSIC plans.

Current Bill Text

Read the full stored bill text 
A BILL FOR AN ACT to amend the Indiana Code concerning utilities.

Electric utility affordability; TDSIC plans.

Provides that affordability is the most important attribute of electric utility service that must be considered in decisions concerning Indiana's electric generation resource mix, energy infrastructure, and electric service ratemaking constructs. Provides the following with regard to a public electric or gas utility's transmission, distribution, and storage system improvement charge (TDSIC) plan: (1) The public utility's petition for Indiana utility regulatory commission (IURC) approval of the TDSIC plan must include an executive summary that provides specified information. (2) The public utility and the IURC shall publish the TDSIC plan, and each annual update to the TDSIC plan, on the public utility's and IURC's respective websites. (3) Provides that the public utility shall recover the deferred 20% of the public utility's approved capital expenditures and TDSIC costs under the TDSIC plan only upon the public utility's completion of the eligible transmission, distribution, and storage system improvements included in the TDSIC plan.