§ 8-1-39-12 — Commission hearing and order on TDSIC petition; examination by utility consumer counselor and intervenors; new projects or improvements

Indiana § 8-1-39-12

• Jurisdiction: Indiana
• Art. 1: UTILITIES GENERALLY
• Ch. 39: Transmission, Distribution, and Storage System

Text

(a) Not more than one hundred twenty (120)
days after a public utility files a petition under section 9 of this chapter,
the commission shall conduct a hearing and issue an order on the
petition.
(b) Not more than sixty (60) days after a public utility files a petition
under section 9 of this chapter, the office of the utility consumer
counselor and other intervenors, if any, may:
(1) examine the information of the public utility to confirm that
the proposed transmission, distribution, and storage system
improvements comply with this chapter; and
(2) report its findings to the commission.
(c) If the commission determines that the petition satisfies the
requirements of this chapter and the capital expenditures and TDSIC
costs are reasonable, the commission shall approve the petition,
including:
(1) capital expenditures;
(2) timely recovery of TDSIC costs, including costs associated
with a targeted economic development project, through a TDSIC;
and
(3) if requested, authority to defer TDSIC costs under section 9(c)
of this chapter.
(d) If the public utility has requested approval of new targeted
economic development projects or new transmission, distribution, and
storage system improvements under section 9(b) of this chapter, the
commission's order must include the following:
(1) A finding of the best estimate of the cost of the new projects
or improvements.
(2) A determination whether public convenience and necessity
require or will require the new projects or improvements.
(3) A determination whether the estimated costs of the new
projects or improvements are justified by incremental benefits
attributable to the new projects or improvements.
If the commission determines that the public utility's new projects or
improvements are reasonable, the commission shall approve the new
projects or improvements and authorize TDSIC treatment for the new
projects or improvements.

Legislative History

As added by P.L.133-2013, SEC.5. Amended by P.L.89-2019, SEC.6.