Sec. 11.5. In determining the amount of allowable recovery of infrastructure improvement costs for a municipally owned utility, the commission may consider the following factors:
(1) Debt service on funds borrowed to pay for eligible infrastructure improvements.
(2) Depreciation expenses on eligible infrastructure improvements based on the same rate or rates of depreciation approved by the commission for the calculation of depreciation in the utility's most recent rate case.
(3) Other components that the commission considers appropriate.
As added by P.L.212-2015, SEC.11.