"Multi-year rate plan"
Ind. Code § 8-1-46-9
in effectSec. 9. As used in this chapter, "multi-year rate plan" means a ratemaking mechanism under which the commission sets an electricity supplier's base rates for a three (3) year period that includes:
(1) authorized periodic changes in the electricity supplier's base rates; and
(2) adjustments to the electricity supplier's base rates based on the electricity supplier's performance with respect to each performance incentive mechanism applicable to the electricity supplier;
during the three (3) year period, without requiring the electricity supplier to file a new base rate case with respect to the changes and adjustments.
As added by P.L.36-2026, SEC.10.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://iga.in.gov/laws/2026/ic/titles/8Fetched: 10/17/2026