Sec. 14. (a) The commission may not approve a TDSIC that would result in an average aggregate increase in a public utility‘s total retail revenues of more than two percent (2%) in a twelve (12) month period. For purposes of this subsection, a public utility’s total retail revenues do not include TDSIC revenues associated with a targeted economic development project.

     (b) If a public utility incurs TDSIC costs under the public utility’s TDSIC plan that exceed the percentage increase in a TDSIC approved by the commission, the public utility shall defer recovery of the TDSIC costs as set forth in section 9(c) of this chapter.

Terms Used In Indiana Code 8-1-39-14

  • commission: refers to the Indiana utility regulatory commission. See Indiana Code 8-1-1-1
  • Month: means a calendar month, unless otherwise expressed. See Indiana Code 1-1-4-5
  • public utility: means :

    Indiana Code 8-1-39-4

  • targeted economic development project: means a project approved by the commission under section 10(c) of this chapter. See Indiana Code 8-1-39-5
  • TDSIC: refers to a transmission, distribution, and storage system improvement charge. See Indiana Code 8-1-39-6
  • TDSIC costs: means the following costs incurred with respect to eligible transmission, distribution, and storage system improvements incurred both while the improvements are under construction and post in service:

    Indiana Code 8-1-39-7

  • TDSIC revenues: means revenues produced through a TDSIC and excluding revenues from all other rates and charges. See Indiana Code 8-1-39-8
     (c) For purposes of subsection (a), in the case of a public utility that terminates a TDSIC plan under section 10(d) of this chapter, the commission shall consider the combined twelve (12) month revenue impact of the TDSIC approved under the terminated plan and the TDSIC approved under any new TDSIC plan.

As added by P.L.133-2013, SEC.5. Amended by P.L.89-2019, SEC.7.

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