Sec. 9. A rate adjustment authorized under section 7 of this chapter:

(1) is not considered as a general increase in the local public utility’s basic rates and charges for purposes of IC 8-1-2-42(a); and

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Terms Used In Indiana Code 8-1-32-9

(2) may be further adjusted by the commission to reflect actual project costs upon petition by the local public utility or the office of the utility consumer counselor.

As added by P.L.94-2000, SEC.2.