Indiana Statutes

§ 8-1-8.7-6 — Cancellation of clean coal technology implementation; recovery of expenditures

Indiana § 8-1-8.7-6
JurisdictionIndiana
Art. 1UTILITIES GENERALLY
Ch. 8.7Clean Coal Technology

This text of Indiana § 8-1-8.7-6 (Cancellation of clean coal technology implementation; recovery of expenditures) is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Ind. Code § 8-1-8.7-6 (2026).

Text

If a public utility cancels the implementation of the technology as a result of the modification or revocation of a certificate by the commission under section 5 of this chapter, the public utility may recover the amount of its investment in the technology, along with a reasonable return on the unamortized balance. The utility may not recover on amounts expended in excess of the cost estimates approved by the commission under section 4 of this chapter unless the utility can prove to the commission that those expenditures were necessary and prudent. The recovery must be made over a reasonable period of time through rates charged by the public utility. A recovery may not be made if there was fraud, concealment, or gross mismanagement on the part of the public utility.

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Legislative History

As added by P.L.105-1989, SEC.4.

Nearby Sections

15
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Bluebook (online)
Indiana § 8-1-8.7-6, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/8-1-8.7-6.