Indiana SB0241 allows eligible water or wastewater utilities to adjust their rates to recover costs for service enhancements, including chemicals and.
Indiana SB0241 modifies the process for water or wastewater utilities to recover costs for service enhancements. Eligible utilities can adjust their rates to recover costs for chemicals and power if those costs have increased or decreased by more than 3% over the past two years. If costs have increased, the adjustment is included as an expense; if costs have decreased, the adjustment is included as a credit. The bill also specifies that eligible utilities do not need preapproval from the Indiana Utility Regulatory Commission to recover these costs.
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- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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