§ 8-1-7.9-25 — Commission's review of energy utility's estimated acquisition costs or project costs; recovery of costs

Indiana § 8-1-7.9-25

• Jurisdiction: Indiana
• Art. 1: UTILITIES GENERALLY
• Ch. 7.9: Expedited Generation Resource Plans and Large Load

Text

(a) The commission shall review an energy
utility's:
(1) estimated acquisition costs submitted under section
20(c)(1)(D) of this chapter; or
(2) estimated project costs filed under section 23(b)(1)(D) of this
chapter;
as applicable.
(b) If the commission approves, with or without modification, an
energy utility's generation resource submittal or petition for approval
of a project, the energy utility may recover:
(1) acquisition costs; or
(2) project costs;
as applicable, that have been reviewed and found reasonable by the
commission, with a return at the energy utility's weighted average cost
of capital.
(c) If the commission denies an energy utility's generation resource
submittal or petition for approval of a project, the energy utility may
recover planning costs that have been reviewed and found reasonable
by the commission, without a return.
(d) Absent fraud, concealment, or gross mismanagement, an energy
utility may recover:
(1) acquisition costs; or
(2) project costs;
as applicable, with a return at the energy utility's weighted average cost
of capital, that the energy utility has incurred or contractually will incur
in reliance on a commission order issued under this chapter.

Legislative History

As added by P.L.217-2025, SEC.2.