If the plan is for a service enhancement improvement described in section 7(1)(A) of this chapter, the commission shall approve the plan if the commission finds that the public convenience and necessity require the proposed service enhancement improvement to allow the eligible utility to comply directly or indirectly with one (1) or more requirements. The commission shall examine the following:

1. (1) The following factors, which must be set forth in the eligible utility's case in chief filed in accordance with section 9 of this chapter:

   1. (A) A description of the requirements, including any consent decrees related to the requirements, that the eligible utility seeks to comply with through the proposed service enhancement improvement.
   2. (B) A description of the projected service enhancement improvement costs associated with the proposed service enhancement improvement.
   3. (C) A description of how the proposed service enhancement improvement allows the eligible utility to comply with the requirements described by the eligible utility under clause (A).
   4. (D) Alternative plans for compliance.
2. (2) Any other factors the commission considers relevant.

As added by P.L.137-2020, SEC.15.