About the Study
The Indiana Utility Regulatory Commission is conducting a performance-based ratemaking (PBR) study as required by House Enrolled Act 1007-2023, which contained a provision (Ind. Code § 8-1-2.5-6.5) requiring the Commission to conduct a comprehensive study concerning the design, framework, and requirements for performance-based ratemaking concerning electric utilities.
The Commission has entered into a contract with Laurits R. Christensen, Inc., for its subsidiary, Christensen Associates Energy Consulting, LLC (Christensen Associates) to help research and draft the report, as well as to facilitate stakeholder engagement and information gathering for their research.
The Commission must then provide its analysis and recommendations to the Indiana General Assembly by October 1, 2025, so that the General Assembly may fully evaluate the possible impacts of performance-based ratemaking on all classes of ratepayers and the impact on the state’s “Five Pillars” energy policy enshrined in Ind. Code § 8-1-2-0.6.
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.