Section 8-1-2-0.6 - State policy concerning Indiana's electric generation resource mix, energy infrastructure, and electric service ratemaking; attributes to be consideredThe general assembly declares that it is the continuing policy of the state that decisions concerning Indiana's electric generation resource mix, energy infrastructure, and electric service ratemaking constructs must consider each of the following attributes of electric utility service:
(1) Reliability, including: (A) the adequacy of electric utility service, including the ability of the electric system to supply the aggregate electrical demand and energy requirements of end use customers at all times, taking into account:(ii) reasonably expected unscheduled; outages of system elements; and
(B) the operating reliability of the electric system, including the ability of the electric system to withstand sudden disturbances such as electric short circuits or unanticipated loss of system components.(2) Affordability, including ratemaking constructs that result in retail electric utility service that is affordable and competitive across residential, commercial, and industrial customer classes.(3) Resiliency, including the ability of the electric system or its components to:(A) adapt to changing conditions; and(B) withstand and rapidly recover from disruptions or off-nominal events.(4) Stability, including the ability of the electric system to:(A) maintain a state of equilibrium during:(i) normal and abnormal conditions; or(B) deliver a stable source of electricity, in which frequency and voltage are maintained within defined parameters, consistent with industry standards.(5) Environmental sustainability, including: (A) the impact of environmental regulations on the cost of providing electric utility service; and(B) demand from consumers for environmentally sustainable sources of electric generation.Added by P.L. 55-2023,SEC. 1, eff. 7/1/2023.