Braun Directs IURC to Speed Utility Rate Approvals

Gov. Braun directed the Indiana Utility Regulatory Commission to speed up the approval process for utility rate reductions. The directive is intended to move those cases through the state’s utility regulatory process more quickly.

What the directive addresses

The action concerns approvals involving reductions in utility rates. The Indiana Utility Regulatory Commission is the state body involved in reviewing and approving those rate changes.

What happens next

The commission will handle the approval process under the direction announced by Gov. Braun. The directive concerns the pace of approvals; the announcement does not establish a specific approval date or identify a particular utility rate case.

Why it matters

Faster approvals could affect how quickly approved utility rate reductions move through the regulatory process for Hoosiers. Any rate change still depends on action through the commission’s approval process.