This office lease provision states that the landlord agrees that prior to the Commencement Date risers, feeders and wiring will be installed in the building by the landlord to furnish electrical service to the demised premises.
Indiana Provision Addressing Present and Future Demands for Electricity in the Premises
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FAQ
In 2017, Indiana passed a law (SEA309) that takes away net metering. The law requires the IURC to set a new, lower credit rate for the excess electricity sent back to the grid. This rate is well below the 1-to-1 credit net metering provides.
Utility-Oriented Policies Indiana's clean energy portfolio standard (CPS) sets a voluntary goal of 10% clean energy by 2025. Vectren has set a 60% renewable energy by 2025 target. The utility expects that this will reduce the company's CO2 emissions by 75% and save customers $320 million (Thiele 2020).
Coal supplies the largest share of Indiana's total in-state utility-scale (1 megawatt or larger) electricity generation. In 2022, coal's share of the state's net generation was greater than in all but six other states. Eight of Indiana's largest power plants by capacity and by annual generation are coal-fired.
Legislation would require state energy decisions to take into account reliability, affordability, resiliency, stability and environmental sustainability.
The bill is a follow-up to Senate Enrolled Act 411, which created a voluntary renewable energy program in 2022. "Senate Bill 390 would incentivize implementation of consistent solar and wind energy standards for Indiana's counties, rather than requiring statewide compliance," Messmer said.
The IEPR provides the Governor and the Legislature with energy policy recommendations that reduce greenhouse gas emissions, ensure electricity reliability, enhance the state's economy, and protect public health, safety, and the environment.
Indiana's electricity policy is laid out by the 21st Century Energy Policy Development Task Force. Since its founding in 2019, the Task Force established the energy policy for the state of Indiana with five pillars: reliability, resilience, stability, affordability, and environmental sustainability.
The Indiana Utility Regulatory Commission (IURC) In exchange for being completely shielded from the ?free market? and from competition, all of the investor-owned utilities in Indiana are regulated by the IURC.
