IURC Denies Utilities’ Request for Lost Revenue

The Indiana Utility Regulatory Commission issued an Order Monday in Phase 1 of its investigation into the impact of COVID-19 on ratepayers and utilities in the state.

In the Order, the Commission denied joint utility petitioners’ request for cost recovery of lost revenue.

The Order states that asking customers to go beyond their obligation and pay for service they did not receive is beyond reasonable utility relief.

The Commission also deferred the joint utility petitioners’ request related to increased operations and maintenance and pension expenses until it can be evaluated in Phase 2 of the investigation.