Illinois Power Co. v. Illinois Commerce Commission

This proceeding was initiated on May 25, 1988, when the Illinois Commerce Commission (Commission) issued an “Order Commencing Reconciliation Proceedings” pursuant to section 9 — 220 of the Public Utilities Act (Ill. Rev. Stat. 1987, ch. lll2/3, par. 9 — 220 (now 220 ILCS 5/9 — 220 (West 1992) with 1991 amendments not involved herein)). Illinois Power Company (Illinois Power) was directed to reconcile the costs recoverable through its purchased gas adjustment clause (PGA) and fuel adjustment clause (FAC) and the revenues billed under PGA and FAC charges during the 12 months ended December 31,…