Indiana Code 8-1-8.5-5.5. Review of continuing need for facility under construction; modification or revocation of certificate; consideration of state policy
Current as of: 2024 | Check for updates
|
Other versions
Sec. 5.5. When, in the opinion of the commission, changes in the estimate of the probable future growth of the use of electricity so indicate, the commission shall commence a review of any certificate granted under this chapter to determine whether the public convenience and necessity continues to require the facility under construction. If the commission finds that completion of the facility under construction is no longer in the public interest, the commission may modify or revoke the certificate. In conducting a review under this section, the commission shall consider whether the completion of the facility under construction will result in the provision of electric utility service with the attributes set forth in IC 8-1-2-0.6, including:
(2) affordability;
(1) reliability;
Terms Used In Indiana Code 8-1-8.5-5.5
- commission: refers to the Indiana utility regulatory commission. See Indiana Code 8-1-1-1
(3) resiliency;
(4) stability; and
(5) environmental sustainability;
as described in IC 8-1-2-0.6, in making a determination as to whether the public convenience and necessity continues to require the facility under construction.
As added by P.L.88-1985, SEC.11. Amended by P.L.53-1992, SEC.5; P.L.55-2023, SEC.5.