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Indiana

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Inertia is a third party commercial energy broker of natural gas.

Unlike its neighboring state of Illinois, Indiana has not fully deregulated its energy market. While some aspects of the market have been opened up to competition, the state still has a regulated monopoly for electric and gas utilities.

In 2001, the Indiana General Assembly passed the Electric Restructuring Act, which opened up the generation of electricity to competition. This allowed consumers to choose from a variety of electricity providers, rather than being forced to buy from the local utility. However, transmission and distribution of electricity were still regulated and remained in the hands of the local utility companies.

Similarly, the state has allowed some competition in the natural gas market, but it is still largely regulated. In 2003, the Indiana Gas Competition and Infrastructure Improvement Act was passed, which allowed consumers to choose their natural gas supplier. However, like with electricity, the transmission and distribution of natural gas are still regulated and controlled by local utilities.

Despite these moves towards deregulation, Indiana still has a regulated monopoly system in place for electricity and natural gas. The Indiana Utility Regulatory Commission (IURC) is responsible for regulating these markets and ensuring that consumers are protected. The IURC has the authority to approve or deny rate increases, investigate complaints from consumers, and regulate the overall operations of the utility companies.

While some argue that full deregulation would lead to greater competition and lower prices, others believe that the regulated monopoly system ensures stability and reliability in the energy market. Indiana's approach to energy regulation is a middle ground between full deregulation and full regulation, and it has generally worked well for the state.

In conclusion, Indiana has taken some steps towards deregulating its energy market, but it still has a regulated monopoly system in place for electricity and natural gas. The state has struck a balance between competition and regulation, which has generally worked well for consumers. The Indiana Utility Regulatory Commission plays a crucial role in ensuring that utility companies operate fairly and that consumers are protected.

We also offer solar services in all 50 states including Indiana.

Contact Us today so we can help you get started on the cheapest natural gas options in your state!

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