Section 8-1-40.5-8 - "Securitization charges" As used in this chapter, "securitization charges" means nonbypassable amounts that are:
(1) approved by the commission under a financing order to allow for the full recovery of qualified costs by an electric utility;(2) collected from all retail customers and customer classes of the electric utility, including any customer that: (A) is participating in: (i) a net metering program under 170 IAC 4-4.2;(ii) a distributed generation program under IC 8-1-40; or(iii) a feed-in-tariff program; offered by the electric utility; or
(B) supplies at least part of the customer's own electricity demand;(3) charged for the use or availability of electric services; and(4) collected by the electric utility, its successors, an assignee, or any other collection agent as provided for in the financing order.Added by P.L. 80-2021,SEC. 1, eff. 4/19/2021.