§ 8-1-2.5-1 — Legislative findings

Indiana § 8-1-2.5-1

• Jurisdiction: Indiana
• Art. 1: UTILITIES GENERALLY
• Ch. 2.5: Alternative Utility Regulation

Text

The Indiana general assembly hereby declares
the following:
(1) That the provision of safe, adequate, efficient, and economical
retail energy services is a continuing goal of the commission in
the exercise of its jurisdiction.
(2) That competition is increasing in the provision of energy
services in Indiana and the United States.
(3) That traditional commission regulatory policies and practices,
and certain existing statutes are not adequately designed to deal
with an increasingly competitive environment for energy services
and that alternatives to traditional regulatory policies and
practices may be less costly.
(4) That an environment in which Indiana consumers will have
available state-of-the-art energy services at economical and
reasonable costs will be furthered by flexibility in the regulation
of energy services.
(5) That flexibility in the regulation of energy services providers
is essential to the well-being of the state, its economy, and its
citizens.
(6) That the public interest requires the commission to be
authorized to issue orders and to formulate and adopt rules and
policies that will permit the commission in the exercise of its
expertise to flexibly regulate and control the provision of energy
services to the public in an increasingly competitive environment,
giving due regard to the interests of consumers and the public,
and to the continued availability of safe, adequate, efficient, and
economical energy service.

Legislative History

As added by P.L.108-1995, SEC.3.