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.
‹ Prev All Indiana sections Next ›
Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.