General Plant Investment. System control and load dispatching plant investment recorded in FERC Account 397. System control and load dispatching equipment is analyzed as to the function it serves. The original cost value of the equipment serving the production and transmission functions is included for the purposes of this Agreement. Agreement to Coordinate Planning and Exhibit V Operations and Interchange Power and Energy Schedule 1.1 PRE-FUNDED ALLOWANCE FOR FUNDS USED DURING CONSTRUCTION Pre-funded Allowance for Funds Used during Construction (AFUDC) is an offsetting AFUDC calculation incorporating the effect of specific regulation whereby customers of a particular jurisdiction are paying for the financing costs during the construction phase of a project. Pre- funded AFUDC is accumulated in FERC Account 253. The amounts included to determine the charges among the Parties shall include those FERC jurisdictional amounts related to the transmission function whereby a current return is earned through the Midwest Independent Transmission System Operator, Inc.’s application of FERC Order 679 under Attachment O-NSP and Attachment GG and MM of the MISO Open Access Transmission, Energy and Operating Reserve Markets Tariff. Agreement to Coordinate Planning and Exhibit V Operations and Interchange Power and Energy Schedule 2 ACCUMULATED PROVISION FOR DEPRECIATION Accumulated Provision for Depreciation for Electric Plant in Service and Nuclear Fuel is recorded in FERC Accounts 108 and 120.5, respectively. Accumulated provision for amortization of electric utility plant is recorded in FERC Account 111. These accounts are classified to the production, nuclear fuel, transmission, distribution and general functions of plant and the amounts are calculated based upon the original cost of the plant. The annual charge to the accumulated provisions for depreciation reflects the annual depreciation provisions, book cost of plant retired, cost of removal and salvage credit. Agreement to Coordinate Planning and Exhibit V Operations and Interchange Power and Energy Schedule 3 ACCUMULATED DEFERRED INCOME TAXES Accumulated Deferred Income Taxes included in FERC Accounts 190 and 281-283 are classified to the production, nuclear fuel, transmission, distribution and general plant functions in the same detail as the original cost of the plant in service. Operations and Interchange Power and Energy Schedule 4 Land Plant Held for Future Use if recorded in FERC Account 105. The amounts included to determine the ...
General Plant Investment. System control and load dispatching plant investment recorded in FERC Account 397. System control and load dispatching equipment is analyzed as to the function it serves. The original cost value of the equipment serving the production and transmission functions is included for the purposes of this Agreement. ACCUMULATED PROVISION FOR DEPRECIATION Accumulated Provision for Depreciation for Electric Plant in Service and Nuclear Fuel is recorded in FERC Accounts 108 and 120.5, respectively. Accumulated provision for amortization of electric utility plant is recorded in FERC Account 111. These accounts are classified to the production, nuclear fuel, transmission, distribution and general functions of plant and the amounts are calculated based upon the original cost of the plant. The annual charge to the accumulated provisions for depreciation reflects the annual depreciation provisions, book cost of plant retired, cost of removal and salvage credit.
