(a) If the authority sells SNG to retail end use customers, the authority shall sell the SNG at a price that is sufficient to permit recovery by the authority of costs related to the SNG sold to the retail end use customers, including the following:
- (1) Costs of purchasing SNG.
- (2) Costs of transporting SNG.
- (3) Costs of delivering SNG.
- (4) Costs incurred by the authority in administering this chapter.
(5) Costs associated with supplying working capital, maintaining financial reserves, and allowing for defaults by retail end use customers.
The mechanism and processes that the authority uses to calculate the costs must be capable of audit and verification.
- (b) The commission shall require a regulated energy utility to include in the rates collected from retail end use customers that purchase SNG from the authority the price for SNG sold to the retail end use customers by the authority.
- (c) The commission shall adopt rules under IC 4-22-2 to carry out the requirements of this section. A rule adopted under this subsection must require that a bill provided by a regulated energy utility to a retail end use customer include a line item for costs associated with the purchase and delivery of SNG.
As added by P.L.2-2009, SEC.2.