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Indiana Code Title 8. Utilities and Transportation § 8-1-13.1-13

Current as of January 02, 2024 | Updated by FindLaw Staff

Sec. 13. (a) Two (2) or more corporations that are members of the same cooperatively owned power supplier may:

(1) develop alternative energy projects jointly; and

(2) share money drawn from their respective accounts in the fund with the corporations' cooperatively owned power supplier, as long as the cooperatively owned power supplier uses the money for one (1) or more alternative energy projects in accordance with section 14 of this chapter.

(b) For purposes of determining the percentage of a corporation's total sales from the provision of retail energy service that is attributable to alternative energy projects under section 12 of this chapter, any joint project described in subsection (a)(1) shall be allocated among the participating corporations according to each corporation's respective investment in the joint project.

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Cite this article: FindLaw.com - Indiana Code Title 8. Utilities and Transportation § 8-1-13.1-13 - last updated January 02, 2024 | https://codes.findlaw.com/in/title-8-utilities-and-transportation/in-code-sect-8-1-13-1-13/

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