Indiana Code 8-1-31-9. Hearing and order; incorrect calculation of adjustment amount; authority of commission to provide correct calculation
(b) The office of the utility consumer counselor may do the following:
Terms Used In Indiana Code 8-1-31-9
- adjustment amount: means the amount proposed in a petition filed under section 8 of this chapter to allow the adjustment of an eligible utility's basic rates and charges to provide for recovery of infrastructure improvement costs. See Indiana Code 8-1-31-1.3
- commission: refers to the Indiana utility regulatory commission. See Indiana Code 8-1-1-1
- eligible utility: means a:
Indiana Code 8-1-31-5.2
(A) That the infrastructure improvements are in accordance with section 5 of this chapter.
(B) Proper calculation of the adjustment amount proposed under section 8(a) of this chapter.
(2) Submit a report, limited to confirmation of the information described in subdivision (1), to the commission not later than thirty (30) days after the petition is filed.
(c) The commission shall hold the hearing and issue its order not later than sixty (60) days after the petition is filed.
(d) If the commission finds that a petition filed under section 8 of this chapter complies with the requirements of this chapter, the commission shall enter an order approving the petition. If the commission finds that the adjustment amount has not been calculated correctly, the commission shall:
(1) provide the correct calculation of the adjustment amount; and
(2) allow the eligible utility to implement the corrected adjustment amount.
As added by P.L.94-2000, SEC.1. Amended by P.L.209-2014, SEC.10; P.L.212-2015, SEC.9; P.L.104-2016, SEC.2; P.L.39-2023, SEC.2.