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CenterPoint Energy Electric Rates

CenterPoint Energy's Indiana electric utility - formerly Vectren - serves six southwestern Indiana counties.

Pending electric cases for CenterPoint Energy include its:

In the most recent IURC survey of residential electric utility rates, CenterPoint Energy's average bill ranked highest among the utilities under IURC jurisdiction.

Major components in a typical electric bill include base rates, trackers, and sales taxes.

Base Rates

Base rates cover most infrastructure and operating/maintenance costs while rate adjustment “trackers,” as described below, allow for more frequent rate changes for specific costs as designated by law a settlement agreement among the OUCC, the utility, and numerous additional parties.

For information on CenterPoint Energy's pending rate case, click here.

The utility's current electric base rates were approved in April 2011. The OUCC’s news release outlines the order’s consumer protections.

To view the rate case's public file, click here and enter cause number 43839.

Trackers

In addition to base rates, CenterPoint Energy and other electric utilities recover and credit separate, specific costs through rate adjustment mechanisms known as "trackers." The OUCC reviews all tracker rate adjustments in IURC cases on a regular basis.

CenterPoint's authorized trackers make up about 17.18% of a residential customer’s typical electric bill as of March 2024. To view the IURC public files in a tracker case, click here and enter the appropriate cause number.

TrackerRecovers Costs forFrequencyIURC Cause No.
Fuel Adjustment Clause (FAC)Coal and other fuelsQuarterly38708
Demand Side Management (DSMA)Energy efficiency programsAnnual43405
Reliability Cost & Revenue Adjustment (RCRA)Capacity resources needed for system reliabilitySemi-Annual43406
Clean Energy Cost Adjustment (CECA)Solar energy project construction & operationAnnual44909
Environmental Cost Adjustment (ECA)Emissions control equipment & ash pond remediationAnnual45052
MISO Cost & Revenue Adjustment (MCRA)Participation in Midcontinent Independent Transmission System Operator (MISO)Semi-Annual43354
Transmission, Distribution, & Storage System Improvement Charge (TDSIC)Projects in seven-year infrastructure planSemi-Annual44910

Additional Cases of Note

Previous CenterPoint Energy/Vectren electric cases before the IURC include:

  • Current fuel cost adjustment adjustment (Cause No. 38708 FAC142)
  • Trackers under its approved 7-year infrastructure plan (Cause No. 44910)
  • Reliability Cost and Revenue Adjustment (Cause No. 43406 RCRA 21)
  • Posey County Solar Project (Cause No. 45897)
  • Proposed Wind Energy Petition (Cause No. 45836)
  • Financing Request (Cause No. 45799)
  • Knox County Solar Project (Cause No. 45786)
  • Pike County Solar Project (Cause No. 45754)
  • Excess distributed generation tariff (IURC Cause No. 45378)
  • Securitization proposal (IURC Cause No. 45722)
  • Natural gas generation proposal (Cause No. 45564)
  • Utility Receipts Tax reduction (Cause No. TD-50548)
  • Financing request (Cause No. 45590)
  • Vermillion County & Knox County Solar Projects (Cause No. 45600)
  • Posey County & Warrick County Solar Projects (Cause No. 45501)
  • Ash pond closure compliance project at the A. B. Brown Generating Facility (Cause No. 45280)
  • COVID-19 investigation (Cause No. 45380)
  • Generation transition proposal (Cause No. 45052)
  • Spencer County solar generation project (Cause No. 45086)
  • Evansville solar projects (Cause No. 44909)
  • Vectren/CenterPoint merger informational docket (Cause No. 45109)
  • 2017 Tax Cuts & Jobs Act investigation (Cause No. 45032)
  • Coal Procurement Practices (Cause No. 38708 FAC 102 S1)
  • Dense Pack Project (Cause No. 44067)
  • Energy Efficiency Plans (Cause No. 45387)

Sales Taxes

The seven percent state sales tax applies to all Indiana electric utilities.

5-21-2024