What is the Indiana Utility Regulatory Commission?
The IURC consists of a panel of five members appointed by the Governor and technical staff. As such, it is a state agency. The Commission is charged with setting utility rates for the states major and smaller utility companies, although many utility companies, such as most rural cooperatives, are not under IURC jurisdiction. The Commission also adopts regulations for those utility companies under its jurisdiction. The IURC is a quasi-judicial body, when setting utility rates and approving environmental compliance plans and other filings by utility companies. It is charged with balancing the interests of utility companies and ratepayers. CAC intervenes in rate cases and other formal proceedings with an attorney and expert witnesses to protect the interests of its members and residential customers in general. However, small business customers are in the same boats as residential customers. CAC has saved over $4 billion in excess utility charges due to its advocacy before the IURC.
