| Bill Ensuring Energy Reliability Signed into Law |
| As technology advances, our state must ensure it can withstand the high energy demand. I authored Senate Enrolled Act 9 to help the state continue to support Indiana businesses’ and households’ energy needs until we have better battery storage. SEA 9 authorizes the Indiana Utility Regulatory Commission (IURC) to adopt a review process for when a public utility producing at least 80 megawatts requests to retire, sell or transfer an electric generation facility. When considering a public utility’s intention to relieve ownership of an electric facility, the IURC must examine its impact on state and local energy needs. Accelerated depreciation is not permitted on early closures unless there is a catastrophic event to the generation plant. Making sure residents can turn their lights on and keep their refrigerators cold is important, which is why SEA 9 helps the state better prepare for and prevent potential brownouts and blackouts. I am pleased this bill was signed into law and look forward to seeing its positive impact on our energy grid’s sustainability. |
Property of 1330 WTRE