The Senate has given final approval to a bill requiring utilities to submit conservation plans to the Indiana Utility Regulatory Commission every three years.
The governor signed the Religious Freedom Restoration Act into law this week, and legislators advanced a new energy efficiency program.
Both the House and Senate have now approved a program that would give utility companies more flexibility when it comes to energy savings.
Eric Koch, R-Bedford, says Hoosiers should be confident that industrial users will still engage in energy efficiency.
Utilities are allowed to increase rates to make up for the revenue they lose to energy efficiency programs.
Lost revenue recovery means utilities can raise customers’ rates to recover revenue lost because of energy efficiency.
The proposed energy efficiency alternative would allow utility companies to establish their own goals for energy savings.
Critics say the new energy efficiency program needs major revisions. The state is watching the Pre-k pilot programs to see if the benefits outweigh the costs.
Energizing Indiana aimed to reduce the state’s energy consumption by about 12 percent over ten years. Does a proposed replacement go far enough?
The new proposal would provide flexible energy efficiency goals for utility companies.