Illinois Commerce Commission (Commission) issued its Order Commencing Reconciliation Proceedings (February Order), requiring Interstate Power and Light Company (Respondent or Interstate) to reconcile revenue collected under its Recovery of Environmental Costs Rider 1B (for electric operations) and Recovery of Environmental Costs Rider C (for gas operations) (collectively the Riders) with prudently incurred costs in connection with environmental activities as defined in Interstates tariffs.
Illinois Commerce Commission ("Commission") entered an order commencing reconciliation proceedings in accordance with Section 9 220 of the Public Utilities Act ("Act") (220 ILCS 5/9-220), which directed MidAmerican Energy Company ("Respondent" or MidAmerican) to present evidence in this docket at a public hearing to show the reconciliation of Respondent's fuel adjustment charge ("FAC") revenues collected with the actual cost of such fuel supplies "prudently purchased"