Sec. 15. In determining the amount of allowable recovery of service enhancement improvement costs for an eligible utility that is a municipally owned utility, the commission may consider the following factors:
(1) Extensions and replacements, to the extent that the extension and replacements are not provided for through depreciation, in the manner provided for in IC 8-1.5-3-8.
(2) Debt service on funds borrowed to pay for eligible service enhancement improvement.
(3) Depreciation expenses on eligible service enhancement improvements based on the same rate or rates of depreciation approved by the commission for the calculation of depreciation in the eligible utility's most recent rate case.
(4) Other components that the commission considers appropriate.
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