Illinois Administrative Code
Title 83 - PUBLIC UTILITIES
Part 285 - STANDARD INFORMATION REQUIREMENTS FOR PUBLIC UTILITIES AND TELECOMMUNICATIONS CARRIERS IN FILING FOR AN INCREASE IN RATES
Subpart F - OPERATING INCOME SCHEDULES
Section 285.3055 - Schedule C-5.4: Interest Synchronization

Universal Citation: 83 IL Admin Code ยง 285.3055

Current through Register Vol. 48, No. 38, September 20, 2024

a) Provide a schedule calculating synchronized interest and the components of interest expense that was used for computing test year income tax expense.

b) Information provided for the calculation of synchronized interest shall include:

1) Original cost rate base;

2) Weighted cost of debt; and

3) Synchronized interest.

c) Information provided for components of interest expense that was used for computing test year income tax expense shall include:

1) ICC Account number;

2) Utility's account number;

3) Description of interest expense item; and

4) Amount.

d) The amounts shall be aggregated. The total amount is the amount of interest expense used in calculating test year income taxes. If the amount of synchronized interest is the only interest amount used in the computation of test year income taxes, the utility needs to provide only the information required by subsection (b).

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