Much like refinancing a home, securitization allows customers to pay off the remaining costs of coal plants over a longer period of time at a lower rate -- which is supposed to lower their energy bills and make the transition to renewable energy easier.

Four years ago, Indiana passed a law to slowly decrease the amount solar customers get for energy they generate -- from the higher retail rate to the lower wholesale rate.

While the rapid transition to renewable energy may save utility customers money in the long run, it can lead to higher energy bills in the short term.

The bill is based off of a similar law in Michigan. Every year electric utilities would have to show how they plan to provide reliable energy to their customers for the next three years.

A new program at Indiana State University aims to retrain coal plant workers in electric transmission and distribution.

The water utility for Indiana's second-largest city will lift its protections against utility shutoffs next week after Fort Wayne officials said the months-long moratorium had become "unsustainable."

The Schahfer, Michigan City, Petersburg and Rockport coal plants will be fully or partially closed by 2028. Thatll likely mean less tax revenue for things like schools.

Last week, Gov. Eric Holcomb said the state has no plans to further extend a ban on utility shutoffs during the COVID-19 crisis. But more than 11 percent of Hoosiers are still unemployed and cases are going up.

Houston, Texas-based CenterPoint Energy finalized its merger with formerly Evansville, Indiana-based Vectren in February 2019. Since then, the company has been operating under the name Vectren, a CenterPoint Energy Company.

The Indiana Utility Regulatory Commission voted unanimously to deny the request by utilities, who had said they needed to recover millions of dollars in lost revenue over the last few months as businesses closed their doors and factories cut hours and used less electricity.