As used in this chapter, "securitization charges" means nonbypassable amounts that are:

1. (1) approved by the commission under a financing order to allow for the full recovery of qualified costs by an electric utility;

2. (2) collected from all retail customers and customer classes of the electric utility, including any customer that:

   1. (A) is participating in:

      1. (i) a net metering program under 170 IAC 4-4.2;
      2. (ii) a distributed generation program under IC 8-1-40 ; or

      3. (iii) a feed-in-tariff program;

         offered by the electric utility; or

   2. (B) supplies at least part of the customer's own electricity demand;
3. (3) charged for the use or availability of electric services; and
4. (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.