Brought to you by WBIW News and Network Indiana
Last updated on Wednesday, June 11, 2014
(UNDATED) - Indiana utility regulators are ready to get to work on a new energy efficiency program, after receiving two months of public suggestions.
Governor Pence signed a bill this year repealing former Governor Mitch Daniels' "Energize Indiana," but promised to offer a plan next year to replace it with something that answers legislators' concerns about wasteful spending.
Citizens Action Coalition executive director Kerwin Olson suggests instead of giving utilities a credit to offset their costs, the state should just tack a surcharge onto utility bills directly. He says it was too cumbersome to accurately calculate utilities' costs under the old program, and predicts consumers will recoup two-and-a-half times the surcharge through reduced bills.
Like Energize Indiana, the C-A-C says a new program must be run independently of the utilities. Otherwise, Olson says the power companies have no incentive to reduce what customers pay.
The coalition submitted its proposal to the I-U-R-C along with 25-hundred signatures in support.
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