Regulatory Flexibility Committee

The Regulatory Flexibility Committee is required by law to monitor competition in the telecommunications industry. The Committee is required to consider the following issues:
    (1) The effects of competition on available subsidies used to maintain universal service.
    (2) The status of modernization of the public telephone network in Indiana and the incentives required to further enhance this infrastructure.
    (3) The effects on economic development and educational opportunities of modernization.
    (4) The current method of regulating telephone companies and the method's effectiveness.
    (5) The economic and social effectiveness of current telephone service pricing.

The Committee is also required to study and make recommendations relating to possible deregulation of electric utilities, including the following issues:
    (1) The effects of competition or changes in the energy utility industry and the impact of the competition or changes on the residential rates.
    (2) The status of modernization of the energy utility facilities in Indiana and the incentives required to further enhance this infrastructure.
    (3) The effects on economic development of modernization.
    (4) The traditional method of regulating energy utilities and the method's effectiveness.
    (5) The economic and social effectiveness of traditional energy utility service pricing.
    (6) The effects of legislation enacted by the United States Congress.

In 1998, the Legislative Council directed the Committee to review the possible economic and socioeconomic impact of restructuring the electric industry on electricity providers, consumers of electricity, utility workers, Indiana's coal industry, and Indiana's property tax system.