Sec. 14. (a) Except as provided in subsection (b), the cost of common equity to be used in the calculation of the pretax return under section 13 of this chapter shall be the most recent determination by the commission in a general rate proceeding of the eligible utility.
(b) If the commission finds that the most recent determination described in subsection (a) is no longer representative of current conditions, the commission may, after notice and hearing, make a new determination of the common equity cost rate for use in determining the charge. The most recent prior determination shall be used pending any redetermination under this subsection.
As added by P.L.137-2020, SEC.15.
Structure Indiana Code
Title 8. Utilities and Transportation
Article 1. Utilities Generally
Chapter 31.7. Service Enhancement Improvement Projects for Water and Wastewater Utilities
8-1-31.7-1. Applicability of Definitions
8-1-31.7-2. "Eligible Addition"
8-1-31.7-3. "Eligible Utility"
8-1-31.7-4. "Not-for-Profit Utility"
8-1-31.7-7. "Service Enhancement Improvement"
8-1-31.7-8. "Service Enhancement Improvement Costs"
8-1-31.7-11. Plan for Improvements Related to Compliance With Regulation Imposed by Local Government
8-1-31.7-13. Pretax Return for Public Utility; Factors for Commission's Consideration
8-1-31.7-14. Cost of Common Equity for Public Utility
8-1-31.7-15. Recovery of Costs for Municipally Owned Utility; Factors for Commission's Consideration
8-1-31.7-16. Recovery of Costs for Not-for-Profit Utility; Factors for Commission's Consideration
8-1-31.7-17. Adjustment Amount Calculation and Reconciliation Procedures
8-1-31.7-18. Petition to Change Adjustment Rider
8-1-31.7-19. Resetting of Adjustment Rider After Increase in Basic Rates and Charges