§ 8-1-8.5-3.2 — Integrated resources plans submitted after June 30, 2021, and before January 1, 2025; commission to evaluate impact of federal phaseout mandates on estimated useful life of existing and proposed generating facilities

Indiana § 8-1-8.5-3.2

• Jurisdiction: Indiana
• Art. 1: UTILITIES GENERALLY
• Ch. 8.5: Electric Utility Resource Planning and Certification

Text

2. (a) This section applies to an electric utility
that submits an integrated resource plan described in section 3(e) of
this chapter after June 30, 2021, and before January 1, 2025.
(b) Except as otherwise provided in this section, the definitions in
170 IAC 4-7 apply throughout this section.
(c) As used in this section, "electric utility" refers to an electric
utility listed in 170 IAC 4-7-2(a).
(d) As used in this section, "federal phaseout mandate" means any
federal statutory or regulatory requirement that:
(1) is established after April 20, 2021, by the Congress of the
United States, a federal regulatory agency, or a federal executive
order; and
(2) requires the phaseout or discontinuance of a particular type of
electric generating facility, technology, or fuel source.
(e) In reviewing an integrated resource plan submitted by an electric
utility after June 30, 2021, the commission shall evaluate the impact of
federal phaseout mandates on the estimated useful lives of both:
(1) the existing electric generating facilities of the electric utility;
and
(2) any proposed electric generating facilities of the electric
utility;
including depreciation expense associated with such facilities, as set
forth in the integrated resource plan.

Legislative History

As added by P.L.180-2021, SEC.2.