Commission's review of energy utility's estimated acquisition costs or project costs; recovery of costs
Ind. Code § 8-1-7.9-25
in effectSec. 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.
As added by P.L.217-2025, SEC.2.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://iga.in.gov/laws/2026/ic/titles/8Fetched: 10/17/2026