IC 8-1-46-8: "Major event day"
Where this section sits in the code
- TITLE 8. UTILITIES AND TRANSPORTATION
- ARTICLE 1. UTILITIES GENERALLY
- Chapter 46. Performance Based Ratemaking for Electricity Suppliers
Sec. 8. As used in this chapter, "major event day", or "MED", means a day with respect to which an electricity supplier's daily system SAIDI exceeds a statistical threshold value that is:
(1) calculated using the 2.5 Beta methodology developed by the Institute of Electrical and Electronics Engineers; and
(2) based on the most recent five (5) years of relevant data for the electricity supplier;
as defined in IEEE 1366.
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