Ill. Admin. Code tit. 83, § 450.140 - Maintenance of Books and Records and Commission Access
a) An electric utility shall maintain books,
accounts, and records separate from those of its 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 sets forth both the cost allocation guidelines
and the accounting conventions to be applied to any transactions: 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 affiliated
interests in competition with ARES and its other affiliated interests. In the event
that there is no Commission approved agreement addressing cost allocation and
accounting conventions, the applicant shall submit such an agreement for approval as
part of its application.
c) Upon the
request of the Commission, electric utilities shall make personnel available who are
competent to respond to the Commission's inquiries regarding the nature of any
transactions that have taken place between the electric utility and its affiliated
interests, including but not limited to the goods and services provided, the prices,
terms and conditions, and other considerations given for the goods and services
provided.
d) Each electric utility shall
maintain a log detailing: each instance in which it exercised discretion in the
application of tariff provisions; each instance in which it offered affiliated
interests or customers of affiliated interests services not governed by tariffs,
except for corporate support transactions and services that have been declared
competitive pursuant to Section 16-113 of the Act; and each instance in which it
offered affiliated interests or customers of affiliated interests a discount,
rebate, fee waiver or waivers of the electric utility's ordinary terms and
conditions in connection with services provided under tariffs on file with the
Commission. The electric utility shall make such log available to the Commission
upon request. The log shall contain the following information:
1) the names of the affiliated interests and
unaffiliated entities involved in the transaction;
2) a description of the transaction;
3) the time period over which the transaction
applies; and
4) the quantities and
locations involved in the transaction.
Notes
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