Indiana Code 8-1-31-13. Limit on total adjustment revenues; exceptions
(1) for a public utility, produce total adjustment revenues exceeding ten percent (10%) of the eligible utility‘s base revenue level approved by the commission in the eligible utility’s most recent general rate proceeding; or
Terms Used In Indiana Code 8-1-31-13
- adjustment revenues: means revenues produced through an adjustment amount approved under section 9 of this chapter exclusive of revenues from all other rates and charges. See Indiana Code 8-1-31-1.5
- commission: refers to the Indiana utility regulatory commission. See Indiana Code 8-1-1-1
- eligible infrastructure improvements: means projects that:
Indiana Code 8-1-31-5
- eligible utility: means a:
Indiana Code 8-1-31-5.2
- Highway: includes county bridges and state and county roads, unless otherwise expressly provided. See Indiana Code 1-1-4-5
- infrastructure improvement costs: means the following:
Indiana Code 8-1-31-5.5
- Month: means a calendar month, unless otherwise expressed. See Indiana Code 1-1-4-5
- not-for-profit utility: has the meaning set forth in IC 8-1-2-125(a). See Indiana Code 8-1-31-5.9
- Property: includes personal and real property. See Indiana Code 1-1-4-5
(b) Subsection (a) does not apply to:
(1) infrastructure improvement costs associated with eligible infrastructure improvements that are placed in service due to the construction, reconstruction, or improvement of a highway, street, or road (as defined in IC 8-23-1-23), including projects under IC 8-25; or
(2) property taxes associated with eligible infrastructure improvements.
As added by P.L.94-2000, SEC.1. Amended by P.L.209-2014, SEC.12; P.L.45-2015, SEC.1; P.L.212-2015, SEC.13; P.L.137-2020, SEC.1; P.L.61-2022, SEC.8; P.L.39-2023, SEC.5.