§ 8-1-31-11.5 — Allowable recovery for municipally owned utility; factors

Indiana § 8-1-31-11.5

• Jurisdiction: Indiana
• Art. 1: UTILITIES GENERALLY
• Ch. 31: Infrastructure Improvement Charges

Text

5. In determining the amount of allowable
recovery of infrastructure improvement costs for a municipally owned
utility, the commission may consider the following factors:
(1) Adequate money for making extensions and replacements of
eligible infrastructure improvements, to the extent not provided
for through depreciation, as provided in IC 8-1.5-3-8(c).
(2) Debt service on funds borrowed to pay for eligible
infrastructure improvements.
(3) Depreciation expenses on eligible infrastructure
improvements based on the same rate or rates of depreciation
approved by the commission for the calculation of depreciation in
the utility's most recent rate case.
(4) Other expenses that the commission considers appropriate,
including money for the payment of any taxes that may be
assessed against the municipally owned utility.

Legislative History

As added by P.L.212-2015, SEC.11. Amended by P.L.61-2022, SEC.6; P.L.39-2023, SEC.3.