Indiana Gov. Mike Braun signs bill aimed at lowering utility costs - WNDU
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INDIANAPOLIS (WNDU) - Indiana Gov. Mike Braun signed
House Enrolled Act 1002
, a bill aimed at lowering utility costs for Hoosiers.
“Affordability is this administration’s top priority, and high electricity prices have placed a major burden on Hoosiers’ wallets,” Braun said in a statement.
The new law modernizes Indiana’s electric utility regulations and introduces performance-based ratemaking.
Braun said the bill is part of a broader plan to protect consumers and improve oversight of utility providers.
The bill signing comes as Hoosiers have complained about
rising utility costs
and
asked the Indiana Utility Regulatory Commission to hold NIPSCO accountable
.
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