In determining the amount of allowable recovery of service enhancement improvement costs for an eligible utility that is a municipally owned utility, the commission may consider the following factors:(1) Extensions and replacements, to the extent that the extension and replacements are not provided for through depreciation, in the manner provided for in IC 8-1.5-3-8.(2) Debt service on funds borrowed to pay for eligible service enhancement improvement.(3) Depreciation expenses on eligible service enhancement improvements based on the same rate or rates of depreciation approved by the commission for the calculation of depreciation in the eligible utility's most recent rate case.(4) Other components that the commission considers appropriate.As added by P.L.137-2020, SEC.15.
Indiana Legal Code