IN SB0266

Requires the Indiana Utility Regulatory Commission (IURC) to consider whether proposed electricity rate increases would result in average monthly residential bills exceeding 6% of a representative low-income customer's monthly income (defined as a 4-person household using 1,000 kWh/month at the home energy assistance program income threshold)

Mandates IURC compare utility shareholder returns (dividends and stock reinvestment) against infrastructure investments since the last rate case when evaluating whether rate increases support reliable, economical service

Requires at least two public hearings in the electricity supplier's service area for base rate proceedings, with one hearing in the largest municipality, the municipality with the most customers, or the county with the most customers

IURC final orders must include findings on the low-income affordability analysis and shareholder return vs. infrastructure investment comparison, along with a discussion of how these findings influenced the decision

Applies retroactively to proceedings filed with or pending before the IURC after December 31, 2025, with an emergency declaration for immediate effect