About the Study
In 2023, the Indiana General Assembly passed House Enrolled Act 1007, which, among other provisions, tasked the Commission with conducting a comprehensive study on the topic of performance-based ratemaking for electricity suppliers. The study must take into consideration various aspects of performance-based ratemaking, such as multi-year rate plans, index-driven revenue formulas, and performance incentive mechanisms, and include recommendations on the appropriate design, framework, and requirements.
Christensen Associates Energy Consulting was chosen to help conduct the study, and their report was released to stakeholders for comment on May 9, 2025. The Commission submitted its recommendations based on the Christensen report and stakeholder comments for the General Assembly’s consideration in September 2025.
To download the full report, which includes the Commission's executive summary and the expert study by Christensen Associates, click the link below.
PBR Study Comments
The Commission held a public comment period on the expert study of performance-based ratemaking prepared by Christensen Associates from May 9, 2025, to July 16, 2025. The following list includes the comments that were received.
Stakeholder Surveys
Contact
If you have questions about the PBR study, please contact the External Affairs Division.