(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 village 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, 0.552 cents per kilowatt-hour;
(2) For the next 48,000 kilowatt-hours used or consumed in a month, 0.362 cents per kilowatt- hour;
(3) For the next 50,000 kilowatt-hours used or consumed in a month, 0.326 cents per kilowatt- hour;
(4) For the next 400,000 kilowatt-hours used or consumed in a month, 0.317 cents per kilowatt- hour;
(5) For the next 500,000 kilowatt-hours used or consumed in a month; 0.308 cents per kilowatt- hour;
(6) For the next 2,000,000 kilowatt-hours used or consumed in a month, 0.287 cents per kilowatt- hour;
(7) For the next 2,000,000 kilowatt-hours used or consumed in a month, 0.285 cents per kilowatt- hour;
(8) For the next 5,000,000 kilowatt-hours used or consumed in a month, 0.280 cents per kilowatt- hour;
(9) For the next 10,000,000 kilowatt-hours used or consumed in a month, 0.276 cents per kilowatt hour; and
(10) For all electricity used or consumed in excess of 20,000,000 kilowatt hours in a month, 0.271 cents per kilowatt hour.
(B) Pursuant to ILCS Ch. 65, Act 5, § 8-11-2, the existing Gross Receipts Utility Tax imposed prior to this section shall remain in effect as follows:
(1) For receipts attributable to residential customers, until July 31, 1998; and
(2) For receipts attributable to nonresidential customers, the earlier of:
(a) The first bill issued on or after January 1, 2001; or
(b) The date of the first bill issued to such nonresidential customer pursuant to ILCS Ch. 220, Act 5, § 16-104.
(C) Pursuant to ILCS Ch. 65, Act 5 § 8-11-2, the existing Gross Receipts Utility Tax imposed prior to this section shall remain in effect as follows:
(1) For receipts attributable to residential customers, until July 31, 1998; and
(2) 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
(Ord. 1998-14, passed 7-7-98; Am. Ord. 1999-O-9, passed 3-16-99)