Wisconsin § 76.28 - License fee for light, heat and power companies.

§ 76.28. License fee for light, heat and power companies.

76.28(1) (1) Definitions. In this section: 76.28(1)(a) (a) “Apportionment factor” means a fraction the numerator of which is the sum of the property factor, the payroll factor and the sales factor and the denominator of which is the number 3. 76.28(1)(b) (b) “Book cost of utility plant” has the meaning set forth in the uniform system of accounts established by the public service commission. 76.28(1)(c) (c) “Department” means the department of revenue. 76.28(1)(d) (d) “Gross revenues” for a light, heat and power company other than a qualified wholesale electric company or a transmission company means total environmental control charges paid to the company under a financing order issued under s. 196.027 (2) and total operating revenues as reported to the public service commission except revenues for interdepartmental sales and for interdepartmental rents as reported to the public service commission and deductions from the sales and use tax under s. 77.61 (4) , except that the company may subtract from revenues either the actual cost of power purchased for resale, as reported to the public service commission, by a light, heat and power company, except a municipal light, heat and power company, that purchases under federal or state approved wholesale rates more than 50 percent of its electric power from a person other than an affiliated interest, as defined in s. 196.52 (1) , if the revenue from that purchased electric power is included in the seller’s gross revenues or the following percentages of the actual cost of power purchased for resale, as reported to the public service commission, by a light, heat and power company, except a municipal light, heat and power company that purchases more than 90 percent of its power and that has less than $50,000,000 of gross revenues: 10 percent for the fee assessed on May 1, 1988, 30 percent for the fee assessed on May 1, 1989, and 50 percent for the fee assessed on May 1, 1990, and thereafter. For a qualified wholesale electric company, “gross revenues” means total business revenues from those businesses included under par. (e) 1. to 4. For a transmission company, “gross revenues” means total operating revenues as reported to the public service commission, except revenues for transmission service that is provided to a public utility that is subject to the license fee under sub. (2) (d) , to a public utility, as defined in s. 196.01 (5) , or to a cooperative association organized under ch. 185 for the purpose of providing electricity to its members only. For an electric utility, as defined in s. 16.957 (1) (g) , “gross revenues” does not include low-income assistance fees collected by the electric utility under s. 16.957 (4) (a) or (5) (a) . For a generator public utility, “gross revenues” does not include any grants awarded to the generator public utility under s. 16.958 (2) (b) . For a wholesale supplier, as defined in s. 16.957 (1) (w) , “gross revenues” does not include any low-income assistance fees that are received from a municipal utility or retail electric cooperative or under a joint program established under s. 16.957 (5) (f) . For a municipal utility, “gross revenues” does not include low-income assistance fees received by the municipal utility from a municipal utility or retail electric cooperative under a joint program established under s. 16.957 (5) (f) . 76.28(1)(e) (e) “Light, heat and power companies” means any person, association, company or corporation, including corporations described in s.