![public utilities code 367 public utilities code 367](https://vbook.pub/img/crop/300x300/plon0r13j8w3.jpg)
Service company property to be recorded at cost. Transactions with non-associate companies.Ĭonstruction and service contracts for other companies.Ĭost accumulation system for associate companies. Long-term debt: Premium, discount and expense, and gain or loss on reacquisition.Ĭomprehensive inter-period income tax allocation.Īccounting for asset retirement obligations. Uniform System of Accounts for Centralized Service Companies Subject to the Provisions of the Public Utility Holding Company Act of 2005, Federal Power Act and Natural Gas ActĬompanies for which this system of accounts is prescribed.ĭistribution of pay and expenses of employees. Regulations Under the Public Utility Holding Company Act of 2005, Federal Power Act and Natural Gas Act (b) Exclude from this account and include in other appropriate operating expense accounts, expenses incurred in the improvement of service, additional inspection, or rendering reports, which are made necessary by the rules and regulations, or orders, of regulatory bodies.Conservation of Power and Water Resourcesįederal Energy Regulatory Commission, Department of Energy (2) Office supplies and expenses, payments to public service or other regulatory commissions, stationery and printing, traveling expenses, and other expenses incurred directly in connection with formal cases before regulatory commissions. (1) Salaries, fees, retainers, and expenses of counsel, solicitors, attorneys, accountants, engineers, clerks, attendants, witnesses, and others engaged in the prosecution of, or defense against petitions or complaints presented to regulatory bodies. The following items must be included in this account: The service company must be prepared to show the cost of each formal case. (a) This account must include all expenses, properly included in service company operating expenses, incurred by the service company in connection with formal cases before regulatory commissions, or other regulatory bodies, on its own behalf or on behalf of associate companies, including payments made to a regulatory commission for fees assessed to the service company for pay and expenses of such commission, its officers, agents and employees, and for filings or reports made under regulations of regulatory commissions. § 367.9280 Account 928, Regulatory commission expenses.