(220 ILCS 5/9-216) (from Ch. 111 2/3, par. 9-216)
Sec. 9-216.
The Commission shall establish, by
rulemaking, the policies and procedures which shall be
utilized in evaluating and deciding any requests for the recovery and
allocation of reasonable and prudent costs incurred in the construction of
generation or production facilities which have been cancelled. In
establishing such policies and procedures the Commission shall consider all
relevant factors, including, but not limited to, the prudence
and reasonableness of such costs, the reasons for cancellation, the
consistency of construction and cancellation with certification and
reevaluation criteria and proceedings, the need to provide proper
incentives for future construction and cancellation decisions, and the
balance of equities between ratepayers and shareholders.
(Source: P.A. 90-655, eff. 7-30-98.)
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