Indiana Code 8-1-31.7-17. Adjustment amount calculation and reconciliation procedures
Current as of: 2023 | Check for updates
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Terms Used In Indiana Code 8-1-31.7-17
- 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
- Month: means a calendar month, unless otherwise expressed. See Indiana Code 1-1-4-5
- service enhancement improvement: means an expenditure that is either of the following:
Indiana Code 8-1-31.7-7
Sec. 17. An adjustment amount proposed under section 12 of this chapter may be calculated based on a reasonable estimate of equivalent meters in the period in which the charge will be in effect. At the end of each twelve (12) month period following the date on which the commission initially approves an adjustment amount for an eligible utility following the eligible utility’s most recent general rate case, the eligible utility, using procedures approved by the commission, shall reconcile the difference between revenues under the adjustment rider and service enhancement improvement costs during that period and recover or refund the difference, as appropriate, through additional adjustments to the adjustment rider.
As added by P.L.137-2020, SEC.15.