Sec. 13. (a) The commission may not approve a petition filed under section 8 or 10 of this chapter to the extent it would 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.
(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.
Structure Indiana Code
Title 8. Utilities and Transportation
Article 1. Utilities Generally
Chapter 31. Infrastructure Improvement Charges
8-1-31-1. Applicability of Definitions
8-1-31-1.3. "Adjustment Amount"
8-1-31-1.5. "Adjustment Revenues"
8-1-31-5. "Eligible Infrastructure Improvements"
8-1-31-5.2. "Eligible Utility"
8-1-31-5.5. "Infrastructure Improvement Costs"
8-1-31-5.9. "Not-for-Profit Utility"
8-1-31-8. Petition by Eligible Utility for Rate Adjustment
8-1-31-10. Petition for Change in Initial Adjustment Amount
8-1-31-11. Pretax Return Factors
8-1-31-11.5. Allowable Recovery for Municipally Owned Utility; Factors
8-1-31-11.6. Allowable Recovery for Not-for-Profit Utility; Factors
8-1-31-12. Cost of Common Equity
8-1-31-13. Limit on Total Adjustment Revenues; Exceptions
8-1-31-14. Adjustment Amount Calculation; Reconciliation
8-1-31-16. Filing of Petition Not General Increase in Basic Rates and Charges