STATEHOUSE (April 28, 2025) – Legislation co-authored by State Rep. Bruce Borders (R-Jasonville) to keep a balance between building new energy generation sources and overbuilding at the expense of ratepayers, a priority for Indiana House Republicans, heads to the governor's desk to be signed into law.
As Indiana continues to attract more industry, the demand for electricity grows at a more rapid pace than previously anticipated. House Enrolled Act 1007 would provide incentives, such as a tax credit, to attract small modular nuclear reactor (SMR) manufacturers to Indiana, increasing industry and diversifying our generation types.
"Indiana needs reliable and affordable energy solutions, and SMRs offer a promising path forward," Borders said. "With this legislation, we're encouraging industry growth while making sure big energy users pay their fair share."
SMRs are compact sources of energy that can be used alone or with other similar sources to create energy for a single location or numerous residential, commercial and industrial locations. Companies that need large amounts of energy may be able to utilize SMRs to supplement generation without burdening the grid.
House Enrolled Act 1007 would also require large load customers, a customer generating at least 150 megawatts, who are looking to construct new energy generation such as natural gas or SMRs, for their facility, to pay for 80% of the construction cost of any new generation capacity they need, whether they complete their new facility or not.
Additionally, Borders said this legislation ensures Indiana does not close current generation facilities unless the utility can prove to the Indiana Utility Regulatory Commission that the closure will financially benefit consumers and there is equal or greater new generation to replace it.
Under House Enrolled Act 1007, the Indiana Economic Development Corporation must disclose any potential new or expanding facility with a demand of at least 20 megawatts to the impacted utility and the IURC within 15 days of the build or expansion.
House Enrolled Act 1007 now heads to the governor for further consideration as a new law. To learn more and track passed bills, visit in.gov/gov/newsroom/2025-bill-watch/.
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State Rep. Bruce Borders (R-Jasonville) represents House District 45,
which includes all of Greene and Sullivan counties, and portions of Daviess, Knox and Vigo counties.
Click here to download a high-resolution photo.
