Section 8-1-31-11.5 - Allowable recovery for municipally owned utility; factorsIn determining the amount of allowable recovery of infrastructure improvement costs for a municipally owned utility, the commission may consider the following factors:
(1) Adequate money for making extensions and replacements of eligible infrastructure improvements, to the extent not provided for through depreciation, as provided in IC 8-1.5-3-8(c).(2) Debt service on funds borrowed to pay for eligible infrastructure improvements.(3) Depreciation expenses on eligible infrastructure improvements based on the same rate or rates of depreciation approved by the commission for the calculation of depreciation in the utility's most recent rate case.(4) Other expenses that the commission considers appropriate, including money for the payment of any taxes that may be assessed against the municipally owned utility.Amended by P.L. 39-2023,SEC. 3, eff. 4/20/2023.Amended by P.L. 61-2022,SEC. 6, eff. 7/1/2022.Added by P.L. 212-2015, SEC. 11, eff. 7/1/2015.