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Sen. Don Harmon
Filed: 4/14/2010
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LRB096 17902 AMC 39908 a |
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| AMENDMENT TO HOUSE BILL 5378
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| AMENDMENT NO. ______. Amend House Bill 5378, on page 1, |
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| line 5, immediately before "as follows", by inserting "and by |
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| adding Section 19-150"; and
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| on page 7, immediately above line 26, by inserting the |
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| following:
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| "(220 ILCS 5/19-150 new) |
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| Sec. 19-150. Purchase of receivables. A gas utility with |
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| more than 100,000 customers that offers transportation service |
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| to residential and small commercial customers shall file a |
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| tariff pursuant to Article IX of this Act within 6 months after |
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| the effective date of this amendatory Act of the 96th General |
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| Assembly that provides alternative gas suppliers with the |
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| option to have the gas utility purchase their receivables for |
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| gas supply service provided to residential retail customers and |
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| small commercial customers as those terms are defined in |
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LRB096 17902 AMC 39908 a |
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| Section 19-105 of this Act. Receivables for gas supply service |
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| of alternative gas suppliers shall be purchased by the gas |
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| utility at a just and reasonable discount rate to be reviewed |
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| and approved by the Commission after notice and hearing. In |
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| making a just and reasonable determination on the discount |
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| rate, the Commission shall consider the gas utility's |
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| historical bad debt experience, reasonable start up costs and |
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| administrative costs associated with the gas utility's |
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| purchase of receivables, the impact if used by the gas utility |
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| of an automatic adjustment clause tariff pursuant to Section |
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| 19-140 of this Act to recover uncollectible expense, and |
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| whether the gas utility recovers uncollectible expense from |
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| customers of alternative gas suppliers through any of its |
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| existing rates or charges. The tariff filed pursuant to this |
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| Section shall include the formula used to derive the discount |
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| rate as well as the actual discount rate for the initial |
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| period. The discount rate filed pursuant to this Section shall |
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| be subject to periodic Commission review. The gas utility |
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| retains the right to impose the same terms on retail customers |
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| supplied by alternative gas suppliers with respect to credit |
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| and collection, including requests for deposits, and retain the |
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| gas utility's right to disconnect the retail customers, if it |
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| does not receive payment for its tariffed services or purchased |
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| receivables, in the same manner that it would be permitted to |
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| if the retail customers purchased gas supply service from the |
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| gas utility. The tariff filed pursuant to this Section shall |
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LRB096 17902 AMC 39908 a |
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| permit the gas utility to recover from retail customers any |
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| uncollected receivables that may arise as a result of the |
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| purchase of receivables under this Section, may also include |
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| other just and reasonable terms and conditions, and shall |
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| provide for recovery of the prudently incurred costs associated |
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| with the provision of this service pursuant to this Section. |
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| Nothing in this Section permits the double recovery of bad debt |
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| expenses from customers.".
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