FREE Illinois Commerce Commission Accountability and Ethics Questions and Answers
What is the purpose of Peoples Gas and North Shore Gas' 2025 annual internal audit?
Peoples Gas and North Shore Gas perform an annual internal audit that includes independent testing of key internal controls designed by management and on a monthly basis all items entered into the company's general ledger are reviewed and reconciled for accuracy and reasonableness.
What is the role of Ameren's Compliance Committee in the 2025 Annual Ethics Audit?
Ameren's Compliance Committee has been created to assess and assign regulatory responsibilities, provide a forum for sharing information, and review compliance issues facing the company.
Which public utility did not file its annual ethics report with the Illinois Commerce Commission as required by the Climate and Equitable Jobs Act (CEJA)?
Mid-American Energy did not file their annual report in May of 2025 per statute.
Which of the following changes did Commonwealth Edison (ComEd) implement in 2025 as part of its ethics and compliance program?
ComEd implemented several material changes in 2025, including updating its Code of Business Conduct, guidelines on political contributions, transitioning executive oversight of the Enterprise Risk Management function, and enhancing cybersecurity resources.
What is the main purpose of the Annual Ethics Audit published by the Illinois Commerce Commission's Office of Accountability and Ethics?
Annual Ethics Audit must contain a summary of each electric and gas public utility's internal controls, policies, practices, and procedures to comply with statutes, rules, court orders, or other applicable authority.