Ill. Admin. Code tit. 83, § 450.120 - Transfer of Goods and Services
a)
Transactions between an electric utility and its affiliated interests shall not be
allowed to subsidize the affiliated interests.
b) In connection with an application for a
certificate of service authority filed by an affiliated interest of an electric
utility, pursuant to Section 16-115 of the Act, the affiliated interest shall
provide a copy of a Commission approved services and facilities or affiliated
interest agreement that explicitly addresses the cost allocation and valuation
methodology to be applied to any transfer of goods and services: between the
electric utility and its affiliated interests in competition with ARES; between the
utility and its other affiliated interests; and between the utility's other
affiliated interests and its affiliated interests in competition with ARES. In the
event that there is no Commission approved agreement addressing these issues, the
applicant shall submit such an agreement for approval as part of its
application.
c) Costs associated with
the transfer of goods and services between an electric utility and its affiliated
interests, including affiliated interests in competition with ARES, shall be priced
as specified in, and allocated pursuant to, the Commission approved services and
facilities agreement or affiliated interests agreement presented in the affiliated
ARES certification proceeding. Any transfer of goods and services between an
electric utility and its affiliated interests, including affiliated interests in
competition with ARES, that is not explicitly addressed in a Commission approved
services and facilities or affiliated interests agreement is prohibited unless the
transfer has been otherwise specifically approved by the Commission pursuant to
Section 7-101 of the Act or approval has been waived by statute or Commission
rule.
Notes
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