(220 ILCS 5/5-102) (from Ch. 111 2/3, par. 5-102)
Sec. 5-102.
The Commission shall have power to establish a uniform system of
accounts to be kept by public utilities or to classify public utilities and
to establish a uniform system of accounts for each class and to prescribe
the manner in which such accounts shall be kept. It may also, in its
discretion, prescribe the forms of accounts to be kept by public utilities,
including records of service, as well as accounts of earnings and expenses,
and any other forms, records and memoranda which in the judgment of the
Commission may be necessary to carry out any of the provisions of this Act.
Where the Commission has prescribed the
forms of accounts to be kept by any public utility for any of its business,
it shall thereafter be unlawful for such public utility to keep any
accounts for such business other than those prescribed or approved by the
Commission, or those prescribed by or under the authority of any other
state or of the United States.
The Commission may, from time to time, alter, amend or repeal, in whole
or in part, any uniform system of accounts, or the form and manner of
keeping accounts.
(Source: P.A. 100-840, eff. 8-13-18.)
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