Sec. 15. At the same time an eligible utility files a petition under section 13 of this chapter, the eligible utility shall reconcile the difference between:

(1) the adjustment amount approved by the commission for a previous twelve (12) month period; and

Terms Used In Indiana Code 8-1-31.5-15

  • adjustment amount: means the dollar amount:

    Indiana Code 8-1-31.5-3

  • adjustment revenues: means revenues produced through application of a system integrity adjustment. See Indiana Code 8-1-31.5-4
  • commission: refers to the Indiana utility regulatory commission. See Indiana Code 8-1-1-1
  • eligible utility: means a:

    Indiana Code 8-1-31.5-7

  • Month: means a calendar month, unless otherwise expressed. See Indiana Code 1-1-4-5
  • 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
(2) the adjustment revenues received by the eligible utility during the same twelve (12) month period.

The eligible utility may recover from or credit to customers the reconciliation amount through a system integrity adjustment by filing a petition under section 12 of this chapter.

As added by P.L.104-2016, SEC.3.

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