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Current as of January 02, 2024 | Updated by Findlaw Staff
Sec. 25. (a) The commission shall review an energy utility's:
(1) estimated acquisition costs submitted under section 20(c)(1)(D) of this chapter; or
(2) estimated project costs filed under section 23(b)(1)(D) of this chapter;
as applicable.
(b) If the commission approves, with or without modification, an energy utility's generation resource submittal or petition for approval of a project, the energy utility may recover:
(1) acquisition costs; or
(2) project costs;
as applicable, that have been reviewed and found reasonable by the commission, with a return at the energy utility's weighted average cost of capital.
(c) If the commission denies an energy utility's generation resource submittal or petition for approval of a project, the energy utility may recover planning costs that have been reviewed and found reasonable by the commission, without a return.
(d) Absent fraud, concealment, or gross mismanagement, an energy utility may recover:
(1) acquisition costs; or
(2) project costs;
as applicable, with a return at the energy utility's weighted average cost of capital, that the energy utility has incurred or contractually will incur in reliance on a commission order issued under this chapter.
Cite this article: FindLaw.com - Indiana Code Title 8. Utilities and Transportation § 8-1-7.9-25 - last updated January 02, 2024 | https://codes.findlaw.com/in/title-8-utilities-and-transportation/in-code-sect-8-1-7-9-25/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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