Ind. Code § 8-1-30.3-1
"Cost differential"
Redline — January 1, 2018 → current.View current text →
Current — January 1, 2023
As of January 1, 2018
Sec. 1. As used in this chapter, "cost differential" means the difference between:
Sec. 1. As used in this chapter, "cost differential" means the difference between:
(1) the cost to a utility company that acquires utility property from a distressed utility, including the purchase price, incidental expenses, and other costs of acquisition; minus
(1) the cost to a utility company that acquires utility property from an offered utility, including the purchase price, incidental expenses, and other costs of acquisition; minus
(2) the difference between: (A) the cost of the utility property when originally put into service by the distressed utility; minus (B) contributions or advances in aid of construction plus applicable accrued depreciation.
(2) the difference between: (A) the cost of the utility property when originally put into service by the offered utility; minus (B) contributions or advances in aid of construction plus applicable accrued depreciation.
Official source: Indiana General Assembly. Reproduced from public-domain Indiana statutes; confirm against the official source for the current text. Not legal advice.