§ 8-1-39-14 — Limit on increase in utility's total retail revenues resulting from TDSIC; combined revenue impact of TDSIC under terminated plan and TDSIC under new plan

(a) The commission may not approve a
TDSIC that would result in an average aggregate increase in a public
utility's total retail revenues of more than two percent (2%) in a twelve
(12) month period. For purposes of this subsection, a public utility's
total retail revenues do not include TDSIC revenues associated with a
targeted economic development project.
(b) If a public utility incurs TDSIC costs under the public utility's
TDSIC plan that exceed the percentage increase in a TDSIC approved
by the commission, the public utility shall defer recovery of the TDSIC
costs as set forth in section 9(c) of this chapter.
(c) For purposes of subsection (a), in the case of a public utility that
terminates a TDSIC plan under section 10(d) of this chapter, the
commission shall consider the combined twelve (12) month revenue
impact of the TDSIC approved under the terminated plan and the
TDSIC approved under any new TDSIC plan.

Legislative History

As added by P.L.133-2013, SEC.5. Amended by P.L.89-2019, SEC.7.