Indiana Code 8-1-31.5-14. Utility’s cumulative excess or deficit must be reset to zero
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Terms Used In Indiana Code 8-1-31.5-14
- commission: refers to the Indiana utility regulatory commission. See Indiana Code 8-1-1-1
- cumulative excess or deficit: means the amount by which an eligible utility's actual revenues are:
Indiana Code 8-1-31.5-6
- eligible utility: means a:
Indiana Code 8-1-31.5-7
- system integrity adjustment: means an amount charged by an eligible utility to allow the automatic adjustment of the eligible utility's basic rates and charges to recover from or credit to customers an adjustment amount. See Indiana Code 8-1-31.5-9
- system integrity collar: means a dollar amount that is equal to the product of:
Indiana Code 8-1-31.5-10
Sec. 14. For purposes of satisfying a system integrity collar, an eligible utility‘s cumulative excess or deficit shall be reset to zero (0) upon the effective date of the commission‘s order in the eligible utility’s next general rate case proceeding after the commission approves a system integrity adjustment.
As added by P.L.104-2016, SEC.3.