Illinois Administrative Code
Title 83 - PUBLIC UTILITIES
Part 556 - QUALIFYING INFRASTRUCTURE PLANT SURCHARGE
Section 556.30 - Terms and Conditions
Current through Register Vol. 48, No. 38, September 20, 2024
a) The cumulative amount of increases billed under the QIP surcharge, since the utility's most recent delivery service rate order, shall not exceed an annual average 4% of the utility's delivery base rate revenues, but shall not exceed 5.5 % in any given year for any utility. [220 ILCS 5/9-220.3(g)] If, pursuant to Section 556.80(a), a different QIP surcharge percentage is ordered by the Commission to be applied to the rate zones of a utility, then the above maximum thresholds established in this subsection shall apply to each rate zone of the utility.
b) The QIP surcharge percentage shall apply only to base rate revenues.
c) On the effective date of new delivery base rates, the QIP surcharge shall be reduced to zero with respect to qualifying infrastructure investment that is transferred to the rate base used to establish the utility's delivery base rates, provided that the utility may continue to charge or refund any reconciliation adjustment determined in a Commission reconciliation order. [220 ILCS 5/9-220.3(g)]
d) The utility shall provide notice of the QIP surcharge and of subsequent filings and billing to its customers in the following manner:
e) The QIP surcharge shall be presented as a separate line item on customers' bills as the "Qualified Infrastructure Plant" charge, or as an abbreviation that clearly conveys its meaning, and shall show the applicable percentage.
f) The revenues resulting from a QIP surcharge shall be recorded by the utility with a separate revenue identifier or in a separate revenue subaccount.