McCormick Proposes Utility Affordability Plan to Cut Costs

Source: McCormick Goodin ’24 / Zoom Meeting
STATEWIDE—The Jennifer McCormick/Terry Goodin campaign has unveiled a “common sense” utility affordability plan designed to lower Indiana residents’ utility bills.
The plan includes several key proposals: restoring net metering, allowing residents to sell excess electricity back to the grid at the same rate they purchase, potentially lowering bills, fostering competition, increasing energy generation, and promoting renewable energy.
It also calls for banning utilities from using ratepayer dollars for lobbying, advertising, trade association dues, or political contributions, aiming to prevent the misuse of funds meant for services.
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“Indiana families are struggling with soaring utility bills while utility monopolies continue to use ratepayer dollars to influence policy in their favor,” said McCormick. “Our plan restores balance by prioritizing Hoosiers over utilities and will bring fairness back to our utility system.”
Additionally, the plan proposes appointing ratepayer advocates to the Indiana Utility Regulatory Commission (IURC) to ensure the commission operates with competitive pressure, similar to what would exist without utility protections.
The campaign wants to reinstate the Energizing Indiana program, initially set up under former Governor Mitch Daniels, to reduce energy consumption and lower bills. It believes these measures will bring fairness and transparency to Indiana’s utility system and help reduce costs for Hoosiers.