Indiana Code 8-1-31.7-15. Recovery of costs for municipally owned utility; factors for commission’s consideration
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Sec. 15. In determining the amount of allowable recovery of service enhancement improvement costs for an eligible utility that is a municipally owned utility, the commission may consider the following factors:
(2) Debt service on funds borrowed to pay for eligible service enhancement improvement.
(1) Extensions and replacements, to the extent that the extension and replacements are not provided for through depreciation, in the manner provided for in IC 8-1.5-3-8.
Terms Used In Indiana Code 8-1-31.7-15
- commission: refers to the Indiana utility regulatory commission. See Indiana Code 8-1-1-1
- eligible utility: means :
Indiana Code 8-1-31.7-3
- service enhancement improvement: means an expenditure that is either of the following:
Indiana Code 8-1-31.7-7
(3) Depreciation expenses on eligible service enhancement improvements based on the same rate or rates of depreciation approved by the commission for the calculation of depreciation in the eligible utility’s most recent rate case.
(4) Other components that the commission considers appropriate.
As added by P.L.137-2020, SEC.15.