A tax is imposed on all persons engaged in the following occupations or privileges.
(A) The privilege of using or consuming electricity acquired in a purchase at retail and used or consumed within the corporate limits of the city 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: $0.00558 per kilowatt-hour;
(2) For the next 48,000 kilowatt-hours used or consumed in a month: $0.00366 per kilowatt-hour;
(3) For the next 50,000 kilowatt-hours used or consumed in a month: $0.00330 per kilowatt-hour;
(4) For the next 400,000 kilowatt-hours used or consumed in a month: $0.00320 per kilowatt-hour;
(5) For the next 500,000 kilowatt-hours used or consumed in a month: $0.00311 per kilowatt-hour;
(6) For the next 2,000,000 kilowatt-hours used or consumed in a month: $0.00293 per kilowatt-hour;
(7) For the next 2,000,000 kilowatt-hours used or consumed in a month: $0.00288 per kilowatt-hour;
(8) For the next 5,000,000 kilowatt-hours used or consumed in a month: $0.00284 per kilowatt-hour;
(9) For the next 10, 000,000 kilowatt-hours used or consumed in a month: $0.00279 per kilowatt-hour;
(10) For all electricity used or consumed in excess of 20,000,000 kilowatt-hours in month; $0.00275 per kilowatt-hour; and
(11) The tax rates set forth in the preceding table will be used at least through December 31, 2008, are proportional to the rates enumerated in ILCS Ch. 65, Act 5, § 8-11-2 (as modified by Public Act 90-561), and do not exceed the revenue that could have been collected during 1997 using the rates enumerated in ILCS Ch. 65, Act 5, § 8-11-2 (as modified by Public Act 90-561).
(B) The privilege of distributing, supplying, furnishing or selling gas for use or consumption, and not for resale, at a rate not to exceed 5% of the gross receipts therefrom.
(Ord. 2006-12-0078O, passed 12-12-2006)