Utility receipts tax repealed

Posted on Jul 06 2022 in Orange County REMC

Beginning July 1, Hoosiers no longer have to pay the utility receipts tax. This tax elimination will annually put an estimated $28.5 million back in the pockets of 1.3 million Hoosiers served by the state’s 38 electric cooperatives. 

Orange County REMC consumers alone will save an estimated $241,329  annually from the repeal of this tax. This was made possible because of the efforts of Indiana’s electric cooperatives advocating for their consumer-members and negotiating with the Indiana General Assembly to repeal this tax, ultimately saving money for each and every electric cooperative member across Indiana.

You will see this tax reduced on your bill as part of the Wholesale Power Cost Tracker on the August bill for July energy use. There is no action you need to take.