AES Indiana’s Multi-Phase Rate Hike (Pending Approval)
- AES Indiana has submitted a regulatory review request proposing a two-phase rate increase totaling 13.5% for residential customers using around 1,000 kWh/month:
- 5% increase in Q2 2026, followed by
- 6% in January 2027, if approved
- This could lead to an increase of up to $21/month in residential electric bills by early 2027
- These hikes are meant to fund:
- Grid maintenance and storm resilience,
- Vegetation management,
- Expansion of renewable energy and battery systems
- Already approved increases are expected to add around $9/month in 2026, making total expected increases about $30/month by January 2027 compared to current bills
🔺 Why This Matters for Indianapolis Homeowners
- Households may pay ~$30 more each month within the next 18 months, even without using more electricity
- These increases are scheduled and unavoidable if approved by the IURC.
- As operational expenses—like storm response, tree trimming, and grid upgrades—continue to rise, further increases remain likely
☀️ Solar: Your Best Defense Against Rising Bills
Going solar allows you to:
- Generate your own electricity, reducing or eliminating utility charges.
- Protect your household budget from unpredictable AES Indiana rate hikes.
- Lock in nearly zero-cost solar energy for decades.
- Benefit from the 30% Federal Solar Tax Credit, available through December 31, 2025.
Bottom Line
Indianapolis homeowners are facing a potential $21+ monthly utility increase starting in 2026—and possibly up to $30/month by early 2027. Solar installation today can help you avoid these charges, stabilize your energy costs, and take control of your budget.
📞 Schedule a consultation with Icon Solar to see how solar can insulate your home from future rate spikes.
