INDIANAPOLIS (WLFI) — An important decision for Hoosiers from utility regulators was issued Monday.
The Indiana Utility Regulatroy Commission decided late this morning companies will not be allowed to raise rates over the COVID-19 pandemic.
Ten energy providers in the state including Duke, Vectren, and NIPSCO had petitioned the Indiana Utility Regulatory Commission for a rate hike.
They said a moratorium on disconnections has forced them to provide power they aren't being paid for.
They said the rate hike would relieve that pressure.
The IURC not only denied that request, they also extended the moratorium on disconnections through August 14.
It originally lasted to the end of the month.