Illinois Administrative Code
Title 83 - PUBLIC UTILITIES
Part 656 - QUALIFYING INFRASTRUCTURE PLANT SURCHARGE
Section 656.30 - General Requirements
Current through Register Vol. 48, No. 38, September 20, 2024
a) The amount of increases billed under the QIP surcharge since the utility's most recent rate order for the rate zone shall not exceed an annual average 2.5 % of the QIP base rate revenues, but shall not exceed 3.5 % in any given year for the rate zone. The QIP surcharge shall not be applied to any add-on taxes, to any revenues attributable to the Purchased Water and Sewage Treatment Surcharges developed pursuant to 83 Ill. Adm. Code 655, or to any other revenues not recorded in a QIP base rate revenues account as described in Section 656.20.
b) On the effective date of new base rates that provide for the recovery of the costs that had previously been recovered under the QIP surcharge rider, the Net QIP component of the QIP surcharge percentage for the applicable rate zone shall not include costs associated with qualifying infrastructure investment that were included in the rate base used to establish the utility's base rates. The utility may continue to charge or refund any reconciliation adjustment associated with the qualifying infrastructure investment that is included in the rate base used to establish the utility's base rates.
c) The utility shall provide notice of the QIP surcharge rider and subsequent filings and billing as follows:
d) The QIP surcharge shall be presented as a separate line item on customer bills.
e) The revenues resulting from each QIP surcharge rider shall be recorded in a separate revenue subaccount for each rate zone.
f) QIP shall also include a reconciliation of the projected QIP plant included in the rate base of the utility's last rate case filing for the rate zone and the actual cost of the QIP plant incurred as of the end of the projected test year in the utility's last rate case filing for the rate zone.