Illinois Administrative Code › Title 83 - PUBLIC UTILITIES › Part 330 - DETERMINATION OF TEMPORARY RATE INCREASES › Section 330.40 - Filing Requirements

Current through Register Vol. 48, No. 28, July 12, 2024
a) Any utility
			 requesting a temporary rate increase pursuant to Section 9-202(b) of the Act must
			 satisfy the filing requirements specified in this Section in addition to the
			 testimony, exhibits, and information required by 83 Ill. Adm. Code 285, supporting
			 the request for a permanent increase. Within 14 days after the date the utility
			 files the information set forth in Section
			 330.40(c)
			 and (d), the Manager of the Hearing Examiners
			 Division or his appointed representative (Hearing Examiner) shall provide the
			 utility a list in writing of any deficiencies in the filing and provide the utility
			 14 days from receipt of the notice to file the additional information. Failure to
			 satisfy the filing requirements shall serve as cause for the Commission to reject
			 the request for the temporary rate increase.
b) Utilities classified as "Large utilities" or
			 "Medium utilities" under 83 Ill. Adm. Code
			 285.120(a)
			 must provide the information specified in subsections (c), (d), (e), (f), (g), (h),
			 and (i). All other utilities must provide the information specified in subsections
			 (f), (g), (h), and (i).
c) A utility
			 requesting a temporary rate increase must provide the following financial
			 information, where applicable, on a historic basis for the two years preceding the
			 current calendar year and on a projected basis, assuming both the granting and
			 denial of the requested temporary rate increase, for the current calendar year and
			 the calendar year immediately following the current calendar year:
1) Gross cash flow (expressed both as a dollar
			 figure and as a percentage of permanent capital);
2) Expenditures on rate base items (expressed both
			 as a dollar figure and as a percentage of net plant);
3) External financing requirements (expressed as a
			 dollar figure by types of financing);
4)
			 Earnings available for common equity (expressed both as a dollar figure and as a
			 percentage of average common equity);
5)
			 Capital structure ratios (expressed both as a dollar figure and as a percentage of
			 total capitalization);
6) Common
			 Dividends;
7) Pre-tax interest coverage
			 ratio including allowance for funds used during construction ("AFUDC") or interest
			 during construction ("IDC");
8) Pre-tax
			 interest coverage ratio excluding AFUDC or IDC;
9) Post-tax interest coverage ratio including
			 AFUDC or IDC;
10) Post-tax interest
			 coverage ratio excluding AFUDC or IDC;
11) AFUDC or IDC;
12) Net cash flow (expressed both as a dollar
			 figure and as a percentage of permanent capital);
13) Number of common shares outstanding;
14) The embedded cost of long term debt, i.e.,
			 debt having an initial maturity period greater than one year (expressed as a
			 percentage of total long term debt outstanding);
15) The embedded cost of preferred stock
			 (expressed as a percentage of total preferred stock outstanding);
16) The cost of short-term debt, i.e., debt having
			 an initial maturity of one year or less (expressed as a percentage of total
			 short-term debt outstanding; and
17)
			 Revenues obtained from Illinois jurisdictional operations.