Illinois HB1613 amends the Public Utilities Act to exclude investment costs in infrastructure plants from surcharges filed by water or sewer.
Illinois HB1613 modifies the Public Utilities Act by removing the recovery of costs associated with investments in qualifying infrastructure plants from the reasons the Commission may authorize a water or sewer utility to file a surcharge. The bill specifies that surcharges can only cover the cost of purchased water, the cost of purchased sewage treatment service, or depreciation and return on investment for non-revenue producing facilities. The Illinois Commerce Commission must periodically reconcile collected surcharges with actual costs.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.