Business & Professional People v. Illinois Commerce Commission

Petitioners Business and Professional People for the Public Interest and People of the State of Illinois ex rel. Office of Public Counsel appeal a decision by the Illinois Commerce Commission (ICC or Commission) granting Commonwealth Edison Company (Edison) permission to adjust accounting procedures on financing costs and defer depreciation at its Braidwood Unit 2 nuclear power plant (Braidwood Unit 2) until Edison receives a rate increase reflecting the costs of the Braidwood facility. This court has jurisdiction under the Public Utilities Act (Ill. Rev. Stat. 1989, ch. 111⅔, par. 10 — 201)…