HB 1007 IN

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Became Law

Provides that it is the continuing policy of the state that decisions concerning Indiana's electric generation resource mix, energy infrastructure, and electric service ratemaking constructs must take into account the following attributes of electric utility service: (1) Reliability. (2) Affordability. (3) Resiliency. (4) Stability. (5) Environmental sustainability. Requires the Indiana utility regulatory commission (IURC) to take each of these attributes into account when: (1) reviewing, and preparing a final director's report for, an integrated resource plan submitted by an electric utility; (2) acting upon a petition for the construction, purchase, or lease of an electric generation facility; and (3) reviewing whether the public convenience and necessity continues to require the completion of an electric generation facility under construction. Requires the IURC to commence before September 1, 2023, a comprehensive study to consider the appropriate: (1) design and framework for; and (2) requirements with respect to; performance based ratemaking for investor-owned electricity suppliers. Sets forth certain topics that the IURC shall consider and evaluate in conducting the required study. Requires the IURC to include in its annual report that is due before October 1, 2025, a report containing the IURC's analysis and recommendations on the specified topics. Provides that the report must contain recommendations, supported by sufficient data and analysis from the IURC's study, with respect to the appropriate: (1) design and framework for; and (2) requirements with respect to; performance based ratemaking for electricity suppliers, so as to enable the general assembly to fully evaluate the impact of performance based ratemaking on all classes of ratepayers, while considering the five attributes of electric utility service set forth as state policy in the bill. Amends the statute governing reliability adequacy metrics for certain electric utilities ("public utilities" under the statute) as follows: (1) Defines the terms: (A) "fall unforced capacity", or "fall UCAP"; and (B) "spring unforced capacity", or "spring UCAP"; for purposes of the prescribed reliability adequacy metrics. (2) Reduces to 15% the 30% limit (under current law) for a public utility's summer or winter unforced capacity (UCAP) that the public utility is authorized to acquire from capacity markets, for purposes of the reliability adequacy metrics included in a resource planning report (report) submitted to the IURC after June 30, 2023. (3) Provides that the reliability metrics included in a report submitted to the IURC after June 30, 2026, must include specified information concerning a public utility's ability to meet its spring UCAP and fall UCAP. (4) Provides that if, after reviewing a public utility's report, the IURC is not satisfied that the public utility can: (A) provide reliable electric service to its Indiana customers; or (B) either: (i) satisfy both its planning reserve margin requirement or other federal reliability requirements and the reliability adequacy metrics set forth in the bill; or (ii) provide sufficient reason as to why it is unable to satisfy both its planning reserve margin requirement or other federal reliability requirements and the reliability adequacy metrics set forth in the bill; the IURC may conduct an investigation into the matter. (Current law does not require the IURC to consider whether the public utility can provide sufficient reason as to its inability to satisfy both its planning reserve margin requirement or other federal reliability requirements and the reliability adequacy metrics set forth in the bill.) (5) Requires the IURC to include in its 2025 annual report its analysis regarding the appropriate percentage or portion of: (A) total spring UCAP; and (B) total fall UCAP; that public utilities should be authorized to acquire from capacity markets.

• Edmond Soliday Republican · author
• Eric Koch Republican · sponsor
• Andy Zay · sponsor
• Stacey Donato Republican · sponsor

1. Jan 12, 2023 Coauthored by Representatives Jeter and Negele · lower
2. Jan 12, 2023 Authored by Representative Soliday · lower
3. Jan 12, 2023 First reading: referred to Committee on Utilities, Energy and Telecommunications · lower
4. Jan 24, 2023 Committee report: amend do pass, adopted · lower
5. Jan 26, 2023 Amendment #3 (Pryor) failed; Roll Call 32: yeas 28, nays 63 · lower
6. Jan 26, 2023 Amendment #1 (Errington) failed; Roll Call 33: yeas 27, nays 64 · lower
7. Jan 26, 2023 Amendment #2 (Pierce) failed; Roll Call 34: yeas 30, nays 61 · lower
8. Jan 26, 2023 Second reading: ordered engrossed · lower
9. Jan 30, 2023 Third reading: passed; Roll Call 37: yeas 96, nays 1 · lower
10. Jan 30, 2023 Senate sponsor: Senator Koch · lower
11. Jan 30, 2023 Representative Frye added as coauthor · lower
12. Jan 31, 2023 Referred to the Senate · lower
13. Feb 23, 2023 First reading: referred to Committee on Utilities · upper
14. Mar 13, 2023 Committee report: amend do pass, adopted · upper
15. Mar 13, 2023 Senator Zay added as second sponsor · upper
16. Mar 13, 2023 Senator Donato added as third sponsor · upper
17. Mar 13, 2023 Senators Leising and Byrne added as cosponsors · upper
18. Mar 16, 2023 Second reading: ordered engrossed · upper
19. Mar 20, 2023 Third reading: passed; Roll Call 227: yeas 48, nays 0 · upper
20. Mar 21, 2023 Returned to the House with amendments · upper
21. Mar 27, 2023 Motion to concur filed · lower
22. Mar 28, 2023 House concurred in Senate amendments; Roll Call 318: yeas 93, nays 2 · lower
23. Apr 6, 2023 Signed by the Speaker · lower
24. Apr 6, 2023 Signed by the President Pro Tempore · upper
25. Apr 17, 2023 Signed by the President of the Senate · upper
26. Apr 20, 2023 Public Law 55 · lower
27. Apr 20, 2023 Signed by the Governor · executive

The published texts of this bill as it moves through the legislature. Each links to the official document on the state legislature site. Data from OpenStates.

• Enrolled House Bill (H) · Mar 29, 2023 · PDF
• Introduced House Bill (H) · Jan 12, 2023 · PDF
• House Bill (H) · Jan 24, 2023 · PDF
• House Bill (S) · Mar 13, 2023 · PDF