Sec. 6. As used in this chapter, “cumulative excess or deficit” means the amount by which an eligible utility‘s actual revenues are:

(1) in the case of an excess, greater than; or

Terms Used In Indiana Code 8-1-31.5-6

  • actual revenues: means the annual operating revenues that an eligible utility receives or accrues for a twelve (12) month period authorized for recovery through basic rates and charges approved by the commission in the eligible utility's most recent general rate case. See Indiana Code 8-1-31.5-2
  • authorized revenues: means the annual operating revenues of an eligible utility approved by the commission for a twelve (12) month period in the eligible utility's most recent general rate case. See Indiana Code 8-1-31.5-5
  • 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

(2) in the case of a deficit, less than;

the eligible utility’s authorized revenues measured on a cumulative annual basis from the effective date of the commission‘s order in the eligible utility’s most recent general rate case proceeding.

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