Sen. Michael E. Hastings

Filed: 4/4/2019





10100SB2080sam003LRB101 11122 RJF 58266 a


2    AMENDMENT NO. ______. Amend Senate Bill 2080 by replacing
3line 9 on page 46 through line 8 on page 47 with the following:
4    "(h) By December 31, 2017, the Commission shall prepare and
5file with the General Assembly a report on the infrastructure
6program and the performance-based formula rate. The report
7shall include the change in the average amount per kilowatthour
8paid by residential customers between June 1, 2011 and May 31,
92017. If the change in the total average rate paid exceeds 2.5%
10compounded annually, the Commission shall include in the report
11an analysis that shows the portion of the change due to the
12delivery services component and the portion of the change due
13to the supply component of the rate. The report shall include
14separate sections for each participating utility.
15    Sections 16-108.5, 16-108.6, 16-108.7, and 16-108.8 of
16this Act, other than this subsection (h), are inoperative after
17December 31, 2032 2022 for every participating utility, after
18which time a participating utility shall no longer be eligible



10100SB2080sam003- 2 -LRB101 11122 RJF 58266 a

1to annually update the performance-based formula rate tariff
2pursuant to subsection (d) of this Section. At such time, the
3then current rates shall remain in effect until such time as
4new rates are set pursuant to Article IX of this Act, subject
5to retroactive adjustment, with interest, to reconcile rates
6charged with actual costs.
7    The fact that this Section becomes inoperative as set forth
8in this subsection shall not be construed to mean that the
9Commission may reexamine or otherwise reopen prudence or
10reasonableness determinations already made.".