(A) A tax is imposed on all persons engaged in the following occupations or privileges: The privilege of using or consuming electricity acquired in a purchase at retail and used or consumed within the corporate limits of the municipality at the following rates, calculated on a monthly basis for each purchaser:
(1) For the first 2,000 kilowatt-hours used or consumed in a month: 0.387 cents per kilowatt-hour;
(2) For the next 48,000 kilowatt-hours used or consumed in a month: 0.254 cents per kilowatt-hour;
(3) For the next 50,000 kilowatt-hours used or consumed in a month: 0.228 cents per kilowatt-hour;
(4) For the next 400,000 kilowatt-hours used or consumed in a month: 0.222 cents per kilowatt-hour;
(5) For the next 500,000 kilowatt-hours used or consumed in a month: 0.215 cents per kilowatt-hour;
(6) For the next 2,000,000 kilowatt-hours used or consumed in a month: 0.203 cents per kilowatt-hour;
(7) For the next 2,000,000 kilowatt-hours used or consumed in a month: 0.200 cents per kilowatt-hour;
(8) For the next 5,000,000 kilowatt-hours used or consumed in a month: 0.196 cents per kilowatt-hour;
(9) For the next 10,000,000 kilowatt-hours used or consumed in a month: 0.193 cents per kilowatt-hour;
(10) For all electricity used or consumed in excess of 20,000,000 kilowatt-hours in a month: 0.190 cents per kilowatt-hour.
(B) Pursuant to ILCS Ch. 65, Act 5, § 8-11-2, the rates set forth in subsection (1) above shall be effective: (a) February 1, 1999, for residential customers; and (b) on the earlier of the last bill issued prior to December 31, 2000, or the date of the first bill issued pursuant to ILCS Ch. 220, Act 5, § 16-104, for nonresidential customers.
(C) Pursuant to ILCS Ch. 65, Act 5, § 8-11-2, the existing rates remain in effect: (a) for receipts attributable to residential customers until January 31, 1999; and (b) for receipts attributable to nonresidential customers, the earlier of through the last bill issued prior to December 31, 2000, or the date of the first bill issued to such nonresidential customer pursuant to ILCS Ch. 220, Act 5, § 16-104.
('69 Code, § 19-45) (Ord. O-66-17, passed 11-30-66; Am. Ord. O-98-18, passed 8-24-98)
Statutory reference:
Maximum rates prescribed, see ILCS Ch. 65, Act 5, § 8-11-2