Indiana Code Title 8. Utilities and Transportation § 8-1-2.5-6.5

(1) a municipally owned utility (as defined in IC 8-1-2-1(h));

(2) a corporation organized under IC 8-1-13;  or

(3) a corporation organized under IC 23-17 that is an electric cooperative and that has at least one (1) member that is a corporation organized under IC 8-1-13.

(1) design and framework for;  and

(2) requirements with respect to;

(1) Multi-year rate plans with incremental rate increases.

(2) Index-driven revenue formulas.

(3) Performance incentive mechanisms, including both rewards and penalties, for meeting, or failing to meet, metrics related to service or infrastructure investments.

(4) The use of performance incentive mechanisms in conjunction with traditional cost-of-service ratemaking, to provide regulatory oversight and ensure that rewards and penalties are equitably balanced and do not:

as applicable.

(5) Best practices for allocating the costs, benefits, and risks associated with performance incentive mechanisms between:

with affordability of service prioritized.

(6) Best practices for establishing quantifiable, verifiable, and clearly defined performance metrics in connection with performance incentive mechanisms.

(7) Best practices for the collection and protection of data from electricity suppliers as needed to justify or evaluate proposed or approved performance incentive mechanisms.

(8) Any other aspect of performance based ratemaking that the commission determines to be appropriate to incentivize electricity suppliers to provide value to ratepayers.

(1) electricity suppliers;

(2) the office of utility consumer counselor;

(3) associations or organizations representing utility ratepayers;

(4) regulatory commissions or agencies in other states that have experience with performance based ratemaking;

(5) rate design experts;  or

(6) other stakeholders.

(1) design and framework for;  and

(2) requirements with respect to;