Indiana Code 8-1-31-11.5. Allowable recovery for municipally owned utility; factors
Current as of: 2023 | Check for updates
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Sec. 11.5. In determining the amount of allowable recovery of infrastructure improvement costs for a municipally owned utility, the commission may consider the following factors:
(2) Debt service on funds borrowed to pay for eligible infrastructure improvements.
(1) Adequate money for making extensions and replacements of eligible infrastructure improvements, to the extent not provided for through depreciation, as provided in IC 8-1.5-3-8(c).
Terms Used In Indiana Code 8-1-31-11.5
- commission: refers to the Indiana utility regulatory commission. See Indiana Code 8-1-1-1
- eligible infrastructure improvements: means projects that:
Indiana Code 8-1-31-5
- infrastructure improvement costs: means the following:
Indiana Code 8-1-31-5.5
(3) Depreciation expenses on eligible infrastructure improvements based on the same rate or rates of depreciation approved by the commission for the calculation of depreciation in the utility’s most recent rate case.
(4) Other expenses that the commission considers appropriate, including money for the payment of any taxes that may be assessed against the municipally owned utility.
As added by P.L.212-2015, SEC.11. Amended by P.L.61-2022, SEC.6; P.L.39-2023, SEC.3.