§ 8-1-39-13 — Determination of pretax return

(a) For purposes of calculating the TDSIC
costs of a public utility, the commission shall determine an appropriate
pretax return for the public utility. In determining the appropriate
pretax return, the commission may consider the following factors:
(1) The current state and federal income tax rates.
(2) The public utility's capital structure.
(3) The actual cost rates for the public utility's long term debt and
preferred stock.
(4) The public utility's cost of common equity determined by the
commission in the public utility's most recent general rate
proceeding.
(5) Other information that the commission determines is
necessary.
(b) The commission shall adjust a public utility's authorized return
for purposes of IC 8-1-2-42(d)(3) or IC 8-1-2-42(g)(3) to reflect
incremental earnings from an approved TDSIC.

Legislative History

As added by P.L.133-2013, SEC.5.