Utility receipts tax repealed

Posted on Jul 10 2022 in LaGrange County REMC

The Indiana Legislature repealed the Utility Receipts Tax, effective July 1. This tax was a cost that we were required to collect as part of our rate and then pay to the Indiana Utility Regulatory Commission. Effective for bills issued after July 6, we have reduced electric rates by approximately 1.4% to reflect this repeal.