Section 8-1-31-8 - Petition by eligible utility for rate adjustment(a) Except as provided in subsection (d), an eligible utility may file with the commission a petition setting forth rate schedules establishing an amount that will allow the adjustment of the eligible utility's basic rates and charges to provide for recovery of infrastructure improvement costs. The adjustment: (1) shall be calculated as a monthly fixed charge based upon meter size;(2) shall not include recovery of any infrastructure improvement costs recovered by the eligible utility through contributions in aid of construction (as defined in IC 8-1-2-101.6); and(3) in the case of a municipally owned utility or a not-for-profit utility, shall be recovered over a twelve (12) month period, regardless of the amount of time over which the infrastructure improvement costs were incurred.(b) The eligible utility shall serve the office of the utility consumer counselor a copy of its filing at the time of its filing with the commission.(c) Publication of notice of the filing is not required.(d) An eligible utility may not file a petition under this section in the same calendar year in which the eligible utility has filed a request for a general increase in the basic rates and charges of the eligible utility.Amended by P.L. 39-2023,SEC. 1, eff. 4/20/2023.Amended by P.L. 91-2017,SEC. 7, eff. 7/1/2017.Amended by P.L. 212-2015, SEC. 8, eff. 7/1/2015.Amended by P.L. 209-2014, SEC. 9, eff. 7/1/2014.As added by P.L. 94-2000, SEC.1.