Authors: Senator Michael Crider
Amends the statute concerning electricity suppliers' service area assignments to provide new procedures by which a municipally owned electric utility may petition the utility regulatory commission (IURC) to change the municipally owned electric utility's assigned service area to include all or part of an area annexed by the municipality. Provides that the new procedures apply to petitions filed with the IURC after June 30, 2014. Requires the IURC, after the filing of a petition, to: (1) hold a public hearing on the question of whether the municipally owned electric utility's service area should be changed to include all or part of the annexed area; (2) consider specified factors with respect to the effects of the change sought by the municipally owned electric utility in the service area of each affected incumbent electricity supplier; and (3) issue an order as to whether the municipally owned electric utility's assigned service area should be changed. Provides that the IURC's order: (1) must include specific findings as to each of the factors considered; and (2) may provide that all, none, or any part of the annexed area sought to be included in the municipally owned electric utility's assigned service area shall be so included.