170 Ind. Admin. Code 4-6-17
Current through November 6, 2024
Authority: IC 8-1-2-6.1; IC 8-1-2-6.6
Affected: IC 8-1-2; IC 8-1.5-3-8
Sec. 17.
A utility that engages in research and development, as defined in section 1(m) of this rule, may classify research and development expenses as operating expenses and record these expenses in a deferred account. The utility may seek ratemaking treatment for a reasonable level of these research and development expenses in a general rate case before the commission. If the utility classifies research and development expenses as operating expenses, the utility shall not record the same amounts as CWIP.
170 IAC 4-6-17