A. A tax is imposed on all persons engaged in the following occupations or privileges:
1. 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:
a. For the first 2,000 kilowatt-hours used or consumed in a month; 0.61 cents per kilowatt-hour (rate 0.00610);
b. For the next 48,000 kilowatt-hours used or consumed in a month; 0.40 cents per kilowatt-hour (rate 0.00400);
c. For the next 50,000 kilowatt-hours used or consumed in a month; 0.36 cents per kilowatt-hour (rate 0.00360);
d. For the next 400,000 kilowatt-hours used or consumed in a month; 0.35 cents per kilowatt-hour (rate 0.00350);
e. For the next 500,000 kilowatt-hours used or consumed in a month; 0.34 cents per kilowatt-hour (rate 0.00340);
f. For the next 2,000,000 kilowatt-hours used or consumed in a month; 0.32 cents per kilowatt-hour (rate 0.00320);
g. For the next 2,000,000 kilowatt-hours used or consumed in a month; 0.315 cents per kilowatt-hour (rate 0.00315);
h. For the next 5,000,000 kilowatt-hours used or consumed in a month; 0.31 cents per kilowatt-hour (rate 0.00310);
i. For the next 10,000,000 kilowatt-hours used or consumed in a month; 0.305 cents per kilowatt-hour (rate 0.00305);
j. For all electricity used or consumed in excess of 20,000,000 kilowatt-hours in a month; 0.30 cents per kilowatt- hour (rate 0.00300).
B. Pursuant to 65 Illinois Compiled Statutes 5/8-11-2, the rates set forth in subsection A of this section shall be effective on January 1, 2018. (Ord. 2017-O-06, 5-24-2017)