Differential Utility Rates: Is Your Municipality at Risk?
As first appeared April 4, 2012 on the Inside Indiana Business Website Indiana cities and towns are in the busine cialis online ss of providing utility services to their constituents. Charging a higher rate for water and sewer utility service outside municipal corporate limits has been a common practice for municipalities in Indiana. Signed into law on March 19 by Governor Mitch Daniels, a statute now on the books affects the dynamics between rates inside and outside municipal…
Water Data: Ready, Set, Report! How a New Law Will Impact Water Utilities
Newly enacted Indiana legislation will increase the amount of paperwork produced by water utilities of all types. Senate Enrolled Act No. 132 provides that all water utilities must report to the Indiana Utility Regulatory Commission (IURC) certain d buy cialis discount ata, such as number of customers, service territory, total utility plant in service, amount, availability and location of water resources, amongst other information. The reports are due annually, beginning with information collected during 2012. The IURC will…
Scratching a Seven-Year Itch: IRS Allows Faster Depreciation of District Cooling Property
As first appeared Nov. 15, 2011, on the International District Energy Association Website IRS finding allows depreciation up to 70% faster than comparable property In a major win for district cooling systems, the Internal Revenue Service found in a private letter ruling that a district cooling system could be depreciated over seven years. The IRS issued the private letter ruling to a power company whose subsidiary owns a district cooling system consisting of three plants, the underground network…
