Pursuant to the Final Order in ICC Docket No. 24-0378, the scope of this audit shall include, but is not limited to: A review of ComEd’s system of financial and accounting procedures, internal controls, and practices related to Rider NS, including an assessment of whether these systems are reasonably designed to ensure the maintenance of fair and accurate books, records, and accounts in accordance with generally accepted accounting principles (GAAP) and Commission requirements. An examination of how line items on historical ComEd invoices correspond to the NS COST equation defined in Rider NS, including but not limited to “Corporate Overhead” charges. An examination of how line items on historical ComEd invoices correspond to the NS RENT equation defined in Rider NS. An evaluation of whether ComEd has provided reasonable documentation to support each line item charged under Rider NS, including but not limited to “Corporate Overhead” charges. An analysis of whether ComEd failed to adhere to the tariff terms of Rider NS in its administration of Rider NS. An analysis of whether the standard service credit is reasonably explained on customer invoices and how that credit has changed over time. The scope of this audit shall also include considerations about the concerns related to Rider NS raised by the various parties in Docket No. 24-0378 and address the directives of the Commission in the Final Order in Docket No. 24-0378 (see Appendix A).
