A new report shows that electric bills for Indiana residents rose 17.5% in just one year. That’s an average increase of $28 per month. The study was done by the Citizens Action Coalition (CAC) using data from the Indiana Utility Regulatory Commission.
The CAC says this is the highest jump in over 20 years. Some families now pay up to $50 more each month compared to last year.
Kerwin Olson, executive director of the CAC, criticized state leaders. He said they have failed to protect consumers from rising utility costs. “Hoosiers can no longer afford monopoly pricing,” Olson warned…