"ABC" means agents, brokers, and consultants engaged in the
procurement or sale of retail electricity supply for third parties and has the same
meaning as defined in Section 16-115C(b) of the Public Utilities Act [220
ILCS 5/16-115C(b) ].
"Act" means the Public Utilities Act [220 ILCS 5 ].
"Aggregate billing demand" means the total of the highest monthly
billed demand of each of the retail customer's affiliated electric accounts during
the past calendar year.
"Alternative retail electric supplier" or "ARES" has the same
meaning as in Section 16-102 of the Act [220 ILCS
5/16-102 ].
"Applicant" means a person or entity that seeks a license from the
Illinois Commerce Commission pursuant to the Section 16-115C of the Act.
"Attempts to procure" means a third-party individual or entity that
takes a substantial step to Procure electric power and energy, such as but not
limited to preparing solicitations, notifying potential bidders of the solicitation,
or determining the results of a solicitation; except, it shall not include an
individual or entity providing professional services incidental to the procurement
of retail service, such as but not limited to legal, accounting or engineering
services.
"Attempts to sell" means a third-party individual or entity that
takes a substantial step to sell electric power and energy to end user customers,
such as but not limited to soliciting customers, making offers or preparing
contracts; except, it shall not include an individual or entity providing
professional services incidental to the sale of retail service, such as but not
limited to legal, accounting or engineering services.
"Commission" means the Illinois Commerce Commission.
"Licensee" means an applicant that has applied for and received a
license under this Part.
"License bond" or "permit bond" means an obligation of a surety to
pay the monies that the licensee owes the State of Illinois for violations of the
duties and obligations imposed on it as an ABC.
"Procure" means purchasing or entering into a contract to purchase
the services of a RES on behalf of a retail electric customer.
"Qualifying surety" means a surety or insurer that is authorized by
the U.S. Department of the Treasury pursuant to
31 USC
9305. A qualifying surety or insurer may not
underwrite more than the amount specified by the U.S. Department of Treasury on a
single bond. (Department of the Treasury's Listing of Approved Sureties (Department
Circular 570; http://www.fms.treas.gov/c570/c570.html))
"Retail customer", as used in this Part, has the same definition as
in Section 16-102 of the Act.
"Retail Electric Supplier" or "RES" means an ARES or an electric
utility providing electric power and energy to retail customers outside the
utility's service area pursuant to Section 16-116 of the Act.