FERC Uniform System of Accounts definition

FERC Uniform System of Accounts means the rules and regulations governing the classification of accounts applicable to a utility as adopted by FERC and adopted by reference by the commission for Indiana utilities.
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FERC Uniform System of Accounts means the Uniform System of Accounts Prescribed for Public Utilities and Licensees Subject to the Jurisdiction of the Federal Power Act prescribed by FERC, and codified as of the Execution Date at 18 C.F.R. Part 101, as the same may be amended from time to time.
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FERC Uniform System of Accounts means the rules and regulations governing the classification of accounts applicable
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Examples of FERC Uniform System of Accounts in a sentence

  • Actual Gas Cost Incurred = The sum of the costs booked in Atmos Energy Corp., Mid-Tex Division account numbers 800 through 813 and 858 of the FERC Uniform System of Accounts, including the net impact of injecting and withdrawing gas from storage.

  • Estimated cost of utility additions based on costs as defined by the applicable NARUC or FERC Uniform System of Accounts.

  • Grant PUD is in the process updating the PUD’s accounting system to reflect the FERC Uniform System of Accounts.

  • The results of the latest FERC staff audit of the utility for compliance with the FERC Uniform System of Accounts.

  • NYPA employs an Annual Update Process, which refreshes the calculation of the ATRR by populating the Formula in Section 14.2.3.1 of this Attachment with prior-year information from the Financial Report contained in the NYPA annual report and other historical data from NYPA’s books and records, which are maintained using the FERC Uniform System of Accounts.

  • As used in this rule, the "FERC Uniform System of Accounts" means the rules and regulations governing the classification of accounts for Class A-B private electric utilities, as approved, prescribed, and promulgated by the Federal Energy Regulatory Commission in 18 CFR 41 and 18 CFR 101 and adopted by the commission for Indiana electric utilities at 170 IAC 4-2-1.1.

  • These values (and all subsequent values) are entered into the Appendix 1 as line items based on the FERC Uniform System of Accounts.

  • It shall be based on the balances, as recorded on the Company’s books in accordance with the FERC Uniform System of Accounts for Major Electric Utilities, outstanding at the end of the previous month and shall consist of the following: A.

  • These values (and all subsequent values) are entered into the Appendix 1 filing as line items based on the FERC Uniform System of Accounts.

  • The purpose of working capital is to compensate a utility for funds used in day-to-day operations.2 Cash working capital is a ratemaking convention that is not included in the FERC Uniform System of Accounts, but is a part of all electric utility rate filings as a component of rate base.


More Definitions of FERC Uniform System of Accounts

FERC Uniform System of Accounts has the meaning set forth in Section 1.1(a)(vii).
Sample 1Sample 2
FERC Uniform System of Accounts means the Uniform System of Accounts Prescribed for Public Utilities and Licensees Subject to the Jurisdiction of the Federal Power Act prescribed by FERC, and codified as of the Execution Date at 18C.F.R. Part 101, as the same may be amended from time to time.
Sample 1

Related to FERC Uniform System of Accounts

  • Good Industry Practices means the practices that would be adopted by, and the exercise of that degree of care, skill, diligence, prudence and foresight that reasonably would be expected from, a competent contractor in the international oil and gas industry experienced in performing work similar in nature, size, scope and complexity to the Work and under conditions comparable to those applicable to the Work, where such work is subject to, and such contractor is seeking to comply with, the standards and codes specified in the Contract or (to the extent that they are not so specified) such national or international standards and codes as are most applicable in the circumstances, and the applicable Law.

  • Affected System Operator means an entity that operates an Affected System or, if the Affected System is under the operational control of an independent system operator or a regional transmission organization, such independent entity. Affiliate:

  • Accounting Principles means the international financial reporting standards (IFRS) within the meaning of Regulation 1606/2002/EC (or as otherwise adopted or amended from time to time).

  • GAAP means generally accepted accounting principles in the United States of America.

  • customs area means the area of a customs station and includes any area in which imported goods or export goods are ordinarily kept before clearance by customs authorities;

  • Good Industry Practice means standards, practices, methods and procedures conforming to the Law and the degree of skill and care, diligence, prudence and foresight which would reasonably and ordinarily be expected from a skilled and experienced person or body engaged in a similar type of undertaking under the same or similar circumstances.