Sec. 14. (a) The commission may not approve a TDSIC that would result in an average aggregate increase in a public utility's total retail revenues of more than two percent (2%) in a twelve (12) month period. For purposes of this subsection, a public utility's total retail revenues do not include TDSIC revenues associated with a targeted economic development project.
(b) If a public utility incurs TDSIC costs under the public utility's TDSIC plan that exceed the percentage increase in a TDSIC approved by the commission, the public utility shall defer recovery of the TDSIC costs as set forth in section 9(c) of this chapter.
(c) For purposes of subsection (a), in the case of a public utility that terminates a TDSIC plan under section 10(d) of this chapter, the commission shall consider the combined twelve (12) month revenue impact of the TDSIC approved under the terminated plan and the TDSIC approved under any new TDSIC plan.
As added by P.L.133-2013, SEC.5. Amended by P.L.89-2019, SEC.7.
Structure Indiana Code
Title 8. Utilities and Transportation
Article 1. Utilities Generally
Chapter 39. Transmission, Distribution, and Storage System Improvement Charges and Deferrals
8-1-39-1. Application of Definitions in Ic 8-1-2-1
8-1-39-2. "Eligible Transmission, Distribution, and Storage System Improvements"
8-1-39-5. "Targeted Economic Development Project"
8-1-39-13. Determination of Pretax Return
8-1-39-15. Revised Rate Schedule Following General Increase in Rates and Charges
8-1-39-16. Exclusions From General Increase in Basic Rates and Charges