"Securitization Charges"

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Sec. 8. 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.

As added by P.L.80-2021, SEC.1.


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