Indiana Code 8-1-31.6-7. Inclusion of costs of customer lead service line improvements as eligible infrastructure improvements for public utilities
Current as of: 2024 | Check for updates
|
Other versions
Sec. 7. Subject to section 6(f) of this chapter, in the case of a water utility that is a public utility, upon the commission‘s approval of the water utility’s plan under section 6 of this chapter, the water utility may include the actual costs incurred by the water utility in connection with completing customer lead service line improvements that:
(2) have not been included in the water utility’s rate base in the water utility’s most recent general rate case;
(1) have been placed in service; and
Terms Used In Indiana Code 8-1-31.6-7
- commission: refers to the Indiana utility regulatory commission created by IC 8-1-1-2. See Indiana Code 8-1-31.6-1
- eligible infrastructure improvements: has the meaning set forth in IC 8-1-31-5. See Indiana Code 8-1-31.6-3
- water utility: means :
Indiana Code 8-1-31.6-4
as eligible infrastructure improvements for purposes of IC 8-1-31. For purposes of the revenue limitation calculation under IC 8-1-31-13, infrastructure improvement costs associated with customer lead service line improvements shall not be counted as adjustment revenues in determining whether the water utility’s total adjustment revenues exceed ten percent (10%) of the water utility’s base revenue level approved in the water utility’s most recent general rate case.
As added by P.L.91-2017, SEC.8. Amended by P.L.137-2020, SEC.5; P.L.6-2024, SEC.4.