; (II) for a covered expense charged to ratepayers in an amount not less than $1,000,000 and not more than $10,000,000, not less than double the amount of that covered expense; and (III) for a covered expense charged to ratepayers in an amount more than $10,000,000, not less than triple the amount of that covered expense. (ii) Limitation The amount of a penalty assessed under subparagraph (A) shall be not more than 20 times the amount of the applicable covered expense. (3) No recovery from ratepayers Covered utilities that are subject to a penalty under this subsection may not recover that penalty from ratepayers. (4) Penalty distribution With respect to each penalty assessed and collected under this subsection— (A) ½ of that penalty shall be distributed to ratepayers, through a rebate; and (B) ½ of that penalty shall be distributed to the Commission for the purpose of increasing resources for enforcing this section. (5) Rule of construction Nothing in this Act prevents the Commission from issuing refunds or rebates to ratepayers for a covered expense that was recovered by a covered utility on a date before the date of enactment of this Act.