NARUC Uniform System of Accounts definition

NARUC Uniform System of Accounts means the rules and regulations governing the classification of accounts applicable to a utility as developed by NARUC and adopted by reference by the commission for Indiana utilities.
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NARUC Uniform System of Accounts means the rules and regulations governing the classification of accounts applicable to a utility as:
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NARUC Uniform System of Accounts means the rules and regulations governing the classification of accounts for Class C-D private electric utilities and Class A-B-C-D municipal electric utilities, as developed by the National Association of Regulatory Utility Commissioners and adopted by the commission for Indiana electric utilities under 170 IAC 4-2-2.
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Examples of NARUC Uniform System of Accounts in a sentence

  • This overcomes the shortcomings of available legacy solutions and allows for an open and extensible integration infrastructure.

  • The Company shall transfer the CWIP balances to Utility Plant in Service when in-service in accordance with the NARUC Uniform System of Accounts and, beginning in the month immediately following transfer, shall record depreciation thereon at the appropriate Commission approved depreciation rate.

  • On rebuttal, Mr. Lubertozzi testified that capitalizing regulatory costs is consistent with U.S. generally accepted accounting principles and the NARUC Uniform System of Accounts includes legal expenditures as a component of construction.

  • Statement of the Issue The PUC regulation 52 Pa. Code § 65.16 states that a public utility of PWSA’s size shall keep its accounts in conformity with the most recent National Association of Regulatory Utility Commissioners (NARUC) Uniform System of Accounts (USOA) for Class A Water Utilities.PWSA presently does not conform to NARUC’s USOA; its chart of accounts, and resulting financial reports, are maintained in accordance with the Governmental Accounting Standards Board.

  • Thus, Staff recommends that the Commission adopt Staff’s Schedule 8.02 adjustment to the Valentine Well and Treatment Project.Staff notes that the Company claims that the overall project cost is allowable through the NARUC Uniform System of Accounts.

  • Class C and Class D water utilities as defined in NMPSC Rule 710 [17.12.1 NMAC] may keep their financial records either pursuant to the New Mexico Uniform System of Accounts for Class C and Class D Water Utilities, included in the Appendix to NMPSC Rule 720 [17.12.720 NMAC], or according to the NARUC Uniform System of Accounts for Class C and Class D Water Utilities.

  • Class A and Class B water utilities as defined in NMPSC Rule 710 [17.12.1 NMAC] shall keep their financial records according to the NARUC Uniform System of Accounts for Class A and Class B Water Utilities.

  • Mr. Moilanen correctly identifies why the Indian Hills work in question is6 repair expense as defined by the NARUC Uniform System of Accounts (1973).7Q.DO YOU DISAGREE WITH OPC WITNESS ROTH’S CHARACTERIZATION OF8 YOUR DIRECT TESTIMONY ON REPAIR COSTS?9A.Yes.10Q.WHAT IS INCORRECT ABOUT MS.

  • Mr. Isensee testified the AFUDC related to TDSIC projects was calculated in accordance with the instructions of the Federal Energy Regulatory Commission or NARUC Uniform System of Accounts, which is consistent with GAAP.

  • The Utility's books and records are in substantial compliance with the National Association of Regulatory Utility Commissioners' (NARUC) Uniform System of Accounts (USOA).

Related to NARUC Uniform System of Accounts

  • System of care means the coordination of a system of services and supports to individuals and their families that ensures they optimally live, work, and recreate in integrated communities of their choice.

  • Applicable Accounting Principles means, with respect to the Borrower, those accounting principles required by the ICA and prescribed by the SEC for the Borrower and, to the extent not so required or prescribed, GAAP.

  • Uniform Standards of Professional Appraisal Practice means the current standards of the appraisal profession, developed for appraisers and users of appraisal services by the Appraisal Standards Board of the Appraisal Foundation.

  • 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).

  • SAP means the SAP entity that has entered into this Agreement, as well its Affiliates.

  • 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.