Indiana Code 8-1-31.6-14. Adjustment amount calculation and reconciliation procedures for municipally owned utility
Current as of: 2024 | Check for updates
|
Other versions
Terms Used In Indiana Code 8-1-31.6-14
- commission: refers to the Indiana utility regulatory commission created by IC 8-1-1-2. See Indiana Code 8-1-31.6-1
- customer lead service line improvement: means an expenditure that is:
Indiana Code 8-1-31.6-2
- Month: means a calendar month, unless otherwise expressed. See Indiana Code 1-1-4-5
Sec. 14. An adjustment amount proposed under section 10 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 a municipally owned utility following the utility’s most recent general rate case, the municipally owned utility, using procedures approved by the commission, shall reconcile the difference between revenues under the adjustment rider and customer lead service line 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.12.