Indiana § 8-1-31-13 Limit on total adjustment revenues; exceptions

Indiana Statutes

§ 8-1-31-13 — Limit on total adjustment revenues; exceptions

Indiana·Art. 1 UTILITIES GENERALLY·Ch. 31 Infrastructure Improvement Charges

(a)The commission may not approve a petition filed under section 8 or 10 of this chapter to the extent it would:

(1)for a public utility, produce total adjustment revenues exceeding ten percent (10%) of the eligible utility's base revenue level approved by the commission in the eligible utility's most recent general rate proceeding; or

(2)for a municipally owned or not-for-profit utility, produce total adjustment revenues over the course of each twelve (12) month recovery period that exceed ten percent (10%) of the eligible utility's base revenue level approved by the commission in the eligible utility's most recent general rate proceeding.

(b)Subsection (a) does not apply to:

(1)infrastructure improvement costs associated with eligible infrastructure improvements that are placed in s

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(a) The commission may not approve a
petition filed under section 8 or 10 of this chapter to the extent it
would:
(1) for a public utility, produce total adjustment revenues
exceeding ten percent (10%) of the eligible utility's base revenue
level approved by the commission in the eligible utility's most
recent general rate proceeding; or
(2) for a municipally owned or not-for-profit utility, produce total
adjustment revenues over the course of each twelve (12) month
recovery period that exceed ten percent (10%) of the eligible
utility's base revenue level approved by the commission in the
eligible utility's most recent general rate proceeding.
(b) Subsection (a) does not apply to:
(1) infrastructure improvement costs associated with eligible
infrastructure improvements that are placed in service due to the
construction, reconstruction, or improvement of a highway, street,
or road (as defined in IC 8-23-1-23), including projects under IC 8-25; or
(2) property taxes associated with eligible infrastructure
improvements.

Indiana § 8-1-31-13 (Limit on total adjustment revenues; exceptions) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

As added by P.L.94-2000, SEC.1. Amended by P.L.209-2014, SEC.12; P.L.45-2015, SEC.1; P.L.212-2015, SEC.13; P.L.137-2020, SEC.1; P.L.61-2022, SEC.8; P.L.39-2023, SEC.5.