Pryor: IURC chair replaced, we’re left with the rate increase

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On June 17, the Indiana Utility Regulatory Commission (IURC) approved a rate increase for AES Indiana, sparking outrage from government officials and AES customers. 

In response, Gov. Mike Braun appointed Anthony Swinger as chairman of the IURC, replacing Andy Zay. Zay, who presided over the AES rate hike approval, will remain on the commission.

State Rep. Cherrish Pryor (D-Indianapolis) released the following statement:

“Unfortunately, replacing the chairman of the IURC won’t reverse the rate hike approval. Gov. Braun is simply distracting voters from his own appointment of former Chairman Zay, who supported the increase.

“Instead of political performances, lawmakers should be looking to the future and finding solutions to the growing utility affordability crisis. I urge my colleagues in the General Assembly to go into the 2027 legislative session with policies that will immediately lower Hoosiers’ utility costs and rein in AES and other utility providers. 

“This problem will only get worse if BlackRock, an international investment management corporation, is allowed to go through with its buyout of AES. Governor Braun must urge Indiana’s congressional delegation to stop the sale of AES to BlackRock and protect Hoosiers from further utility price gouging.”