Utility receipts tax repealed

Posted on Jul 10 2022 in Noble 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, including members of Noble REMC. This was made possible because of the efforts of Indiana’s electric cooperatives advocating for their 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 as a reduction on your August bill for July energy use and will be shown as a line item. There is no action you need to take.