Indiana Code
Chapter 40.5. Pilot Program for Cost Securitization for Retired Electric Utility Assets
8-1-40.5-8. "Securitization Charges"

Sec. 8. As used in this chapter, "securitization charges" means nonbypassable amounts that are:
(1) approved by the commission under a financing order to allow for the full recovery of qualified costs by an electric utility;
(2) collected from all retail customers and customer classes of the electric utility, including any customer that:
(A) is participating in:
(i) a net metering program under 170 IAC 4-4.2;
(ii) a distributed generation program under IC 8-1-40; or
(iii) a feed-in-tariff program;
offered by the electric utility; or
(B) supplies at least part of the customer's own electricity demand;
(3) charged for the use or availability of electric services; and
(4) collected by the electric utility, its successors, an assignee, or any other collection agent as provided for in the financing order.
As added by P.L.80-2021, SEC.1.

Structure Indiana Code

Indiana Code

Title 8. Utilities and Transportation

Article 1. Utilities Generally

Chapter 40.5. Pilot Program for Cost Securitization for Retired Electric Utility Assets

8-1-40.5-1. "Assignee"

8-1-40.5-2. "Commission"

8-1-40.5-3. "Electric Utility"

8-1-40.5-4. "Financing Order"

8-1-40.5-5. "Financing Party"

8-1-40.5-6. "Qualified Costs"

8-1-40.5-7. "Securitization Bonds"

8-1-40.5-8. "Securitization Charges"

8-1-40.5-9. "Securitization Property"

8-1-40.5-10. Financing Orders: Petition; Findings Required for Issuance; Scope and Effect; Allocation of Qualified Costs Among Customer Classes; Securitization Bond Provisions

8-1-40.5-11. Securitization Property

8-1-40.5-12. Interests in Securitization Property and Charges; Securitization Charges Nonbypassable; Review and Adjustment of Securitization Charges; Recovery of Incremental Costs

8-1-40.5-13. Scope of Indiana Utility Regulatory Commission Powers and Duties With Respect to Securitization; Effect of Securitization on Electric Utility Ratemaking and Financing

8-1-40.5-14. Transfer of Securitization Property

8-1-40.5-15. Lien on and Security Interest in Securitization Property

8-1-40.5-16. Securitization Bonds Not Debt, Obligation, or Charge on Credit or Taxing Power of State; State Covenant With Respect to Securitization Bonds

8-1-40.5-17. Effect of Securitization Bonds on Tax Liability; Liability of Successor for Securitization Bonds, Charges, and Property; Assignee or Financing Party Not Considered an Electric Utility

8-1-40.5-18. Severability

8-1-40.5-19. Adoption of Rules by Indiana Utility Regulatory Commission