Introduced House Bill (H)

DIGEST

Free or reduced utility rates in incentive areas. Defines "incentive area". Provides that if a political subdivision dedicates funds of the political subdivision to provide or pay for utility infrastructure in an incentive area, an investor owned utility may furnish electric, gas, water, or wastewater utility service at a free or reduced rate to any customer or class of customer that locates within the incentive area. Provides that the resulting change in the utility's rates must be reflected in a new schedule of rates that the utility shall file with: (1) the political subdivision providing or paying for the utility Free or reduced utility rates in incentive areas. Defines "incentive area". Provides that if a political subdivision dedicates funds of the political subdivision to provide or pay for utility infrastructure in an incentive area, an investor owned utility may furnish electric, gas, water, or wastewater utility service at a free or reduced rate to any customer or class of customer that locates within the incentive area. Provides that the resulting change in the utility's rates must be reflected in a new schedule of rates that the utility shall file with: (1) the political subdivision providing or paying for the utility infrastructure; and (2) the Indiana utility regulatory commission; at least 60 days before the time the new schedule of rates is to take effect. Provides that a utility that furnishes utility service at a free or reduced rate within an incentive area is not considered to be in violation of a statutory prohibition against a utility charging or receiving less compensation from any person for any service rendered than the utility charges or receives from any other person for a similar service. Provides that any customer or class of customer that receives utility service at a free or reduced rate within an incentive area is not considered to be in violation of a statutory prohibition against a person knowingly soliciting, accepting, or receiving utility service at a free or reduced rate. ... View more