Section 8-1-31.7-2 - "Eligible addition" As used in this chapter, "eligible addition" means any new utility plant or equipment:
(1) that does not increase revenues by connecting to new customers, even though the plant or equipment may provide the eligible utility with greater available capacity; and(2) that: (A) for a public utility: (ii) is procured, installed, or constructed by the public utility with expenditures that are service enhancement improvements; and(iii) was not included in the public utility's rate base in its most recent general rate case; or(B) for a municipally owned or not-for-profit utility: (i) is or will be an extension or replacement, consistent with section 8 of this chapter; and(ii) was not included on the utility's balance sheet as plant in service in the utility's most recent general rate case.Amended by P.L. 32-2021,SEC. 18, eff. 7/1/2021.Added by P.L. 137-2020,SEC. 15, eff. 7/1/2020.