The Indiana Utility Regulatory Commission has announced a series of plans following its statewide investigation into energy affordability for Hoosiers. These plans include two formal investigations, directives for utility companies, and recommendations for state officials.
The Commission states that these actions stem from its 2026 Investigative Inquiry on Energy Affordability and the 10 public listening sessions it held across the state this spring.
The Commission plans to outline expectations for utilities to improve customer education and service, to issue directives to Indiana’s large investor-owned electric utilities, and to provide considerations for the Indiana Office of Energy Development and the Indiana General Assembly when evaluating future affordability measures.
The Commission also plans to launch two formal investigations; one focusing on Return on Equity, or ROE; and the other focusing on utility “trackers”.
Return on equity is the rate of profit that investor-owned utilities are authorized to earn on investments that have been approved by regulators.
Trackers are adjustment mechanisms that allow certain utility costs to be recovered outside of a utility’s base rate case, through separate charges on customer bills.
The Commission has not announced changes to utility rates or utility profits. Instead, it said the investigations are among the next steps resulting from its review of energy affordability.
As part of its information-gathering process, the Commission conducted public listening sessions in communities across Indiana. One of those meetings was held March 26 at the La Porte Civic Auditorium, where residents had an opportunity to provide comments about energy affordability directly to the Commission.
