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Indiana American Water Company (IAWC) received two rate adjustments in 2012.
The Indiana Utility Regulatory Commission's (IURC's) June 6, 2012 order order in IAWC’s most recent general base rate case (Cause No. 44022) granted the utility a 1 percent increase in its annual operating revenues. IAWC sought an increase of more than 8 percent, with the Indiana Office of Utility Consumer Counselor (OUCC) recommending a rate decrease.
OUCC News Releases:
The IURC public file for the rate case is available by clicking here and entering docket number 44022.
In addition to general rate cases, Indiana law (IC 8-1-31) allows investor-owned water utilities to seek rate increases through a mechanism known as the Distribution System Improvement Charge (DSIC). IAWC and other investor-owned water utilities are allowed to seek DSIC cost recovery as often as once per year to replace infrastructure that has exceeded its useful life (aging distribution lines, particularly).
DSIC cases require IURC approval and OUCC review under an expedited schedule.
IAWC’s last DSIC increase was approved on December 27, 2012 (Cause No. 42351-DSIC 7).
IAWC is now requesting an overall rate increase of 2.55 percent in Cause No. 42351-DSIC 8.
The IURC public files for the DSIC cases are available by clicking here and entering docket number 42351.