Accounts

In accounts 1101, 1102, and 1104 for electric plant are to be carried the totals of the detailed plant accounts 1301-1390 in which the utility's plant is required to be carried on the utility's plant ledger.

If the utility is engaged in more than one utility service, such as electric, gas or steam, and any of its utility plant is used in common for several utility services or for other services, the original cost of such plant may be carried in a separate subdivision of the plant accounts, whereto the word “Common” shall be suffixed to designate such property as common.

Section D 1100.Electric Plant

Section C 1101.Electric Plant in Service

Section C 1102.Electric Plant Leased to Others

Section C 1103.Construction Work in Progress

Section C 1104.Electric Plant Held for Future Use

Note:

Section D C 1105.Electric Plant Acquisition Adjustments

Section D C 1106.Unclassified Electric Plant

Section D C 1108.Other Utility Plant

Note:

Section D C 1110.Other Physical Property

Section D C 1114.Miscellaneous Investments and Special Funds

Note A:

Note B:

Section D C 1115.Owing by Associated Companies

Note:

Section D C 1120.Cash and Working Funds

Note:

Section D C 1124.Notes Receivable

Note A:

Note B:

Section D C 1125.Accounts Receivable

Section D C 1131.Materials and Supplies

Note:

Section D C 1132.Prepayments

Note:

Section D C 1133.Miscellaneous Current and Accrued Assets

Section D C 1140.Unamortized Debt Discount and Expense

Section D C 1146.Miscellaneous Deferred Debits

Section D C 1151.Capital Stock Expense

Section D C 1152.Reacquired Capital Stock

Section D C 1153.Reacquired Long-term Debt

Section D C 1200.Common Capital Stock

Section D C 1201.Preferred Capital Stock

Note A:

Note B:

Section D C 1203.Premiums and Assessments on Capital Stock

Section D C 1205.Instalments Received on Capital Stock

Note:

Section D C 1206.Non-corporate Proprietorship

Note A:

Note B:

Note C:

Section D C 1210.Bonds

Note A:

Note B:

Section D C 1211.Receivers' Certificates

Note:

Section D C 1213.Miscellaneous Long-term Debt

Note:

Section D C 1214.Debts to Associated Companies

Section D C 1220.Notes Payable

Section D C 1221.Notes Receivable Discounted

Section D C 1222.Accounts Payable

Section D C 1224.Dividends Declared

Section D C 1225.Matured Long-term Debt

Section D C 1227.Customers' Deposits

Section D C 1228.Taxes Accrued

Section D C 1229.Interest Accrued

Note:

Section D C 1230.Other Current and Accrued Liabilities

Section D C 1240.Unamortized Premium on Debt

Section D C 1241.Customer Advances for Construction

Section D C 1242.Other Deferred Credits

Section D C 1250.Reserve for Depreciation of Utility Plant

Note:

Section D C 1252.Reserve for Amortization of Electric Plant Acquisition Adjustments

Section D C 1254.Reserve for Uncollectible Accounts

Note:

Section D C 1255.Reserve for Insurance, Injuries and Damages

Section D C 1258.Miscellaneous Reserves

Section D C 1265.Contributions in Aid of Construction

Section D C 1271.Surplus

This account shall include fees paid to Federal or State governments for the privilege of incorporation and expenditures for organizing the corporation, partnership or other enterprise and putting it into readiness to do business.

This account shall not include any discounts upon securities issued or assumed; nor shall it include any costs incident to negotiating loans, selling bonds or other evidences of debt, or expenses in connection with the authorization, issuance, or sale of capital stock.

Exclude from this account and include in the appropriate expense account the cost of preparing and filing papers in connection with the extension of the term of incorporation unless the first organization costs have been written off. When charges are made to this account for expenses incurred in mergers, consolidations, or reorganizations, amounts previously carried on the books of the corporations merged, consolidated, or reorganized shall not be included in this account.

(A) This account shall include only amounts paid to the Federal government, to a State or to a political subdivision thereof in consideration for franchises, consents, or certificates, running in perpetuity or for a specified term of more than one year.

(B) If a franchise, consent, or certificate is acquired by assignment, the charge to this account in respect thereof shall not exceed the amount paid therefor by the utility to the assignor, nor shall it exceed the amount paid by the original grantee. Any excess of the amount actually paid by the utility over the amount above specified shall be charged to account 1414, Miscellaneous Debits to Surplus.

(C) When any franchise has expired, the amount included therefor in this account shall be credited hereto.

Annual or other periodic payments under franchises shall not be included herein but in the appropriate operating expense account.

(A) This account shall include the cost of patent rights, licenses, privileges, and other intangible property necessary or valuable in the conduct of the utility's electric operations and not specifically chargeable to any other account.

(B) When any item included in this account is retired or expires, the amount included herein for the item shall be credited hereto.

(C) This account shall be so kept that the utility can furnish full information with respect to the amounts included herein.

Expenses incident to procuring franchises, consents, or certificates shall not be included herein.

This account shall include the cost of land and land rights used in connection with electric generation. (See electric plant instruction § 182.4.)

This account shall include the cost in place of structures and improvements used in connection with electric generation. (See electric plant instruction § 182.5.)

This account shall include the cost installed of equipment in steam production plants used in generating electricity, such as:

Include office furniture and equipment, desks, chairs, etc., in account 1372, Office Furniture and Equipment.

This account shall not include boilers or steam pipes whose primary purpose is the heating of structures.

This account shall include the cost in place of facilities used for impounding, collecting, storage, diversion, regulation and delivery of water used primarily for generating electricity. This includes reservoirs, dams and waterways with all construction appurtenant thereto, such as spillways, flash boards, gates, canals, tunnels, gate houses, fish ladders, intakes, flumes, penstocks, forebays, tailraces, and all other construction identified therewith.

Include office furniture and equipment, desks, chairs, etc., in account 1372, Office Furniture and Equipment.

This account shall include the cost installed of equipment in hydraulic power plants used in generating electricity, such as:

This account shall include the cost installed of equipment in internal combustion engine power production plants used in generating electricity, such as:

Include office furniture and equipment, desks, chairs, etc., in account 1372, Office Furniture and Equipment.

This account shall include the cost of land and land rights used in connection with transmission or distribution operations. (See electric plant instruction § 182.4.)

This account shall include the cost in place of structures and improvements used in connection with transmission or distribution operations. (See electric plant instruction § 182.5.)

This account shall include the cost installed of transforming, conversion, and switching equipment, including transformer banks, etc., used for the purpose of changing the characteristics of electricity in connection with its transmission or distribution, and equipment for controlling the electric circuits.

The cost of rectifiers, series transformers and other special station equipment devoted exclusively to street lighting or signal system service shall not be included in this account, but in account 1363, Street Lighting and Signal Systems.

Include office furniture and equipment, desks, chairs, etc., in account 1372, Office Furniture and Equipment.

(A) This account shall include the cost installed of overhead transmission and distribution lines, including:

(B) The costs chargeable to this account include also such items as permits, municipal inspection, protection of street openings, etc.

(C) Class C utilities shall subdivide this account as follows:

The cost of plant used solely for street lighting or signal systems shall not be included in this account but in account 1363, Street Lighting and Signal Systems.

(A) This account shall include the cost installed of underground transmission and distribution lines, including:

(B) The costs chargeable to this account include also such items as permits, municipal inspection, protection of street openings, etc.

(C) Class C utilities shall subdivide this account as follows:

Note A:

Note B:

(A) This account shall include the cost installed of overhead and underground distribution line transformers and pol-type and underground voltage regulators owned by the utility, for use in transforming electricity to the voltage at which it is to be used by the customer, and the cost of transformers held in reserve. The installation cost includible herein is the first installation only.

(B) When a transformer is permanently retired from service, the installed cost thereof shall be credited to this account.

(C) The records covering line transformers shall be so kept that the utility can furnish the number of transformers of various types and capacities in service and those in reserve, and the location and the use of each transformer.

The cost of removing and resetting line transformers shall not be charged to this account but to account 1762, Operation Labor, or account 1765, Labor on Street Lighting and Signal Systems, as appropriate. The cost of line transformers used solely for street lighting or signal systems shall be included in account 1363, Street Lighting and Signal Systems.

When a line transformer is rewound or when the cores and coils are replaced, its entire cost shall be credited to this account and charged to the depreciation reserve. The rewound transformer (or one wherein cores and coils were replaced) shall be charged to this account at the cost of an equivalent new transformer. There shall then be credited to the depreciation reserve as salvage the difference between the cost of an equivalent new transformer and the cost of such rewinding or new cores and coils.

Minor items, such as cut-out boxes, network protectors, lightning arresters, etc., shall be included in this account only when in service or associated with a line transformer or voltage regulator held in reserve; otherwise they shall be carried in account 1131, Materials and Supplies.

(A) This account shall include the cost installed of meters or devices and appurtenances thereto, for use in measuring the electricity delivered to its users, and the cost of meters held in reserve. The installation cost includible herein is the first installation only.

(B) When a meter is permanently retired from service, the installed cost thereof shall be credited to this account.

(C) The records covering meters shall be so kept that the utility can furnish information as to the number of meters of various types and capacities in service and in reserve as well as the location of each meter owned.

This account shall not include meters for recording output of a generating station, substation meters, etc. It includes only meters for use to record energy delivered to customers.

The cost of removing and resetting meters shall be charged to account 1763, Labor on Customers' Premises.

The utility shall keep statistical records to show separately the number of installations the cost of which is included herein, and the number of meter installations which prior to the effective date of this system of accounts was charged to operating expenses.

Minor items such as meter badges and their attachments shall be included in this account only when in service or associated with a meter held in reserve; otherwise they shall be carried in account 1131, Materials and Supplies.

Charges made to customers for connection, disconnection or reconnection of meters shall be carried to account 1615, Miscellaneous Electric Revenues.

This account shall include the cost installed of equipment on the customer's side of a meter when the utility incurs such cost and when the utility retains title to and assumes full responsibility for maintenance and replacement of such property. This account shall not include equipment leased to customers. (See account 1362, Leased Property on Customers' Premises.)

Do not include in this account any costs incurred in connection with merchandising, jobbing, or contract work activities.

This account shall include the cost of electric motors, transformers, and other equipment on customers' premises (including municipal corporations), leased to customers, but not including property held for sale.

The cost of setting and connecting such appliances or equipment on the premises of customers and the cost of resetting or removal shall not be charged to this account but to operating expense account 1763, Labor on Customers' Premises.

Do not include in this account any costs incurred in connection with merchandising, jobbing, or contract work activities.

This account shall include the cost installed of equipment used wholly for public street and highway lighting or traffic, fire alarm, police, and other signal systems.

This account shall include the cost of land and land rights used for electric plant purposes, the cost of which is not properly includible in other land and land rights accounts. (See electric plant instruction § 182.4.)

This account shall include the cost in place of structures and improvements used for electric plant purposes, the cost of which is not properly includible in other structures and improvements accounts. (See electric plant instruction § 182.5.)

(A) This account shall include the cost installed of all office furniture and equipment owned by the utility and devoted to electric service, and not permanently attached to buildings. Articles of slight value or short service life acquired subsequent to the commencement of operations shall be charged to the appropriate operating expense account and not to this account.

(B) If the utility has equipment includible in this account at more than one location, separate records shall be maintained for each location.

This account shall include the cost of transportation and garage equipment when such equipment is not an integral part of the housing structure. This account shall be subdivided as follows:

Office furniture and equipment shall be included in account 1372, Office Furniture and Equipment.

This account shall include the cost installed of the following equipment:

General equipment of the nature indicated above whenever practicable shall be assigned to the electric plant accounts on a functional basis. Thus, to illustrate, laboratory equipment used at the power generating station only, shall be included in account 1312, 1323 or 1332, as applicable.

Office furniture and equipment shall be included in account 1372, Office Furniture and Equipment.

(A) This account shall include the cost of tangible electric plant not provided for elsewhere.

(B) A separate subdivision of this account shall be kept for each class of property in which the utility has a relatively large investment, and records shall be so kept as to show separately the cost of each major item.

This account shall include the net credit balance transferred from the income account for the year.

(A) This account shall include all credits affecting the surplus or deficit not provided for elsewhere. Among the items which shall be credited to this account are:

(B) All items included in this account shall be sufficiently described in the entries relating thereto as to identify them with all accounts affected, and if the credits relate to prior years, the amount applicable to each year shall be shown.

This account shall include the net debit balance transferred from the income account for the year.

(A) These accounts shall include amounts declared payable out of surplus or earnings as dividends on outstanding capital stock issued by the utility.

Dividends shall be segregated as to those payable in cash and otherwise. If not payable in cash, the medium of payment shall be described with sufficient particularity to identify it.

(C) This account shall be so kept or supported as to show separately the dividends on each class and series of stock.

(A) This account shall include the reservations or appropriations of surplus for purposes not provided for elsewhere in this system of accounts.

(B) The entries to this account shall show the nature of each reservation of surplus.

(A) This account shall include amounts chargeable to surplus not provided for elsewhere. Among the items which shall be charged hereto are:

(B) All items included in this account shall be sufficiently described in the entries relating thereto as to identify them with full accounts affected, and if the charges relate to prior years, the amount applicable to each year shall be shown.

The income accounts (1501 to 1540) are designed to show for each month and each calendar year the operating revenues and expenses, the other income, the income deductions, the net income, the miscellaneous reservations of net income and the amount of income or loss remaining for transfer to Surplus.

Under this caption shall be included the total operating revenues credited to the revenue accounts 1600 to 1615, derived by the utility from its electric operations during the period covered by the income account.

Under this caption shall be included the total expenses shown in accounts 1700 to 1811, incurred by the utility in its electric operations during the period covered by the income account.

(A) This account shall include the depreciation expense applicable to electric operations, on plant carried in accounts 1101 and 1106, for the period covered by the income account, except such depreciation expense as is charged to clearing accounts or to construction work in progress.

(B) Class C utilities shall keep supporting records to show the amount of depreciation charges applicable to each electric plant account.

This account shall be debited or credited, as the case may be, with amounts which the commission shall have determined are includible in operating revenue deductions for the purpose of providing for the extinguishment of the amount in account 1105, Electric Plant Acquisition Adjustments. Account 1252, Reserve for Amortization of Electric Plant Acquisition Adjustments, shall be concurrently credited or debited.

This account shall be charged with amounts credited to account 1146, Miscellaneous Deferred Debits, when the commission has authorized an extraordinary loss included in the latter account to be written off by charges to operations.

(A) This account shall include the amount of Federal, State, county, municipal and other taxes, including payroll taxes (but excluding taxes on net income, excess profits, undivided profits, excess dividends, or capital stock) which are properly chargeable to electric operations, and except taxes includible in account 1789, Merchandising, Jobbing and Contract Work, or in clearing accounts. (See account 1228, Taxes Accrued.)

(B) This account shall be charged each month with the amount of taxes which are applicable thereto, and concurrent credits shall be made to account 1228, Taxes Accrued. (See also account 1132, Prepayments.)

(C) Taxes assumed by the utility on property leased from others for use in electric operations shall be considered as additional rent and so charged.

(D) This account shall be so kept as to show the amount of each kind of tax, and the basis upon which each charge is made.

Note:

(A) This account shall include all rental income from electric property leased by the utility to others, and which property is included in account 1102, Electric Plant Leased to Others.

(B) This account shall be subdivided as follows:

(C) This account shall be so kept or supported as to show separately the following for each lease:

Under this caption shall be included (1) the revenues derived from and (2) operation and maintenance, depreciation, rents and taxes incurred in the operation of utility plant, the book cost of which is included in account 1108, Other Utility Plant.

In the case of utility services for which systems of accounts are prescribed by this commission, such as gas, water, etc., the appropriate accounts in such systems shall be used instead of this account.

(A) This account shall include the revenues derived from and the expenses incurred in non-utility operations.

(B) The expenses shall include every element of cost (except return on investment) incurred in such operations, including depreciation, rents, taxes, insurance, etc.

This account shall include the revenues derived by the utility from dividends on stocks of other companies.

No dividends on reacquired securities issued or assumed by the utility shall be included in this account.

This account shall include interest revenues on investments, loans, notes, advances, special deposits, etc.

This account shall include all revenue items properly includible in the income account other than from operations (utility and non-utility), interest, or dividends. It shall also include all expenses incurred in connection with such revenues.

(A) This account shall include in each accounting period the amount of interest applicable thereto on outstanding long-term debt issued or assumed by the utility, the liability for which is included in account 1210, Bonds, account 1211, Receivers' Certificates, or account 1213, Miscellaneous Long-term Debt. No interest shall be accrued on required debt carried in account 1153, Reacquired Long-term Debt.

(B) Amounts charged to this account shall be credited to account 1229, Interest Accrued.

(C) This account shall be so kept or supported by other records as to show the interest accruals on each class and series of long-term debt.

This account shall include in each accounting period the portion of unextinguished debt discount and expense on outstanding long-term debt which is applicable to such period. The amount shall be computed as provided in account 1140, Unamortized Debt Discount and Expense, to which account concurrent credit shall be made.

This account shall include in each accounting period the portion of unextinguished premium (or premium less expenses, when a net credit) on outstanding long-term debt which is applicable to such period. The amount shall be computed as provided in account 1240, Unamortized Premium on Debt, to which account concurrent debit shall be made.

(A) This account shall include in each accounting period interest on debt to associated companies and shall be so kept as to show the amount of interest on each such debt.

(B) Amounts charged to this account shall be credited to account 1214, Debts to Associated Companies.

This account shall include in each accounting period all interest not provided for in account 1530 or 1534, and shall be so kept as to show the amount of interest charges on each debt.

When interest is charged to construction in accordance with electric plant instruction, paragraph (7) of subdivision (a) of section 182.3, concurrent credit shall be made to this account.

This account shall include miscellaneous debits to income not provided for elsewhere.

This account shall include taxes on net income, excess profits, undivided profits, excess dividends, and capital stock.

(A) This account shall include reservations of net income, such as may be required under the terms of mortgages, deeds of trust, orders of a court, contracts, or other agreements, and other reservations of net income.

(B) Amounts charged to this account shall be credited concurrently to the appropriate reserve account.

(C) The entries in this account shall show the nature of each reservation of income.

(A) This account shall include revenues from electric energy supplied to residential customers, including farm customers supplied under residential rates, and to religious bodies.

(B) When electric energy supplied through a single meter is used for both residential and commercial purposes, the total revenue shall be included in this account or in account 1602, Commercial and Industrial Sales, according to the principal use.

(A) This account shall include revenues from electric energy supplied for commercial and industrial purposes.

(B) When electricity supplied through a single meter is used for both commercial and residential purposes, the total revenue shall be included in this account or in account 1600, Residential Sales, according to the principal use.

This account shall include revenues from electric energy supplied and services rendered for the purpose of lighting streets, highways, parks and other public places for municipalities or other divisions or agencies of State or Federal governments.

This account shall include the revenues from electric energy supplied to municipalities or divisions or agencies of federal or state governments, under special contracts or agreements or service classifications applicable only to public authorities, except such revenues as are includible in account 1603 and 1605.

(A) This account shall include revenues from electric energy supplied to other electric utilities or to public authorities for distribution to others. (See also account 1738, Electricity Purchased.)

(B) Revenues from electric energy supplied to other public utilities for use by them and not for distribution shall be included in account 1602, Commercial and Industrial Sales, unless supplied under the same contract as and not readily separable from revenues includible in this account.

The records supporting the entries to this account shall show separately for each contract the point of delivery, the maximum demand, the kilowatt-hours supplied, the basis for the charge, and the total charge to the distributor. When electricity is delivered to a utility at more than one point, like detail shall be furnished for each point of delivery.

This account shall include revenues from electric energy supplied to railroads, and interurban and street railways, for general railroad use, including the propulsion of cars or locomotives, when such energy is supplied under separate and distinct contracts or service classifications.

Revenues from electricity supplied to railroads or street railways for other purposes shall be credited to account 1602, unless supplied under the same contract as and not readily separable from revenues includible in this account.

(A) This account shall include the total amounts charged to other departments of the utility by the electric department for energy supplied by the latter.

(B) The utility shall be prepared to furnish the basis and the computations of the charges to other departments.

This account shall include revenues derived from electric energy supplied users and which are not properly includible in revenue accounts 1600 to 1607, inclusive, including private street lighting.

(A) This account shall include rents for the use by others of land, buildings and other property devoted to electric operations by the utility. This covers such matters as rent from pole attachments, buildings, stations, land, etc.

(B) This account shall be so kept as to show the nature of the property for which rent was received and the basis of the charges for the use thereof.

Do not include in this account rents from property included in account 1102, Electric Plant Leased to Others. (See account 1508, Income from Electric Plant Leased to Others.)

This account shall include the amounts which the utility allows its customers on condition that they pay their electric bills on or before a specified date and which are forfeited because of failure to pay within the specified time.

(A) This account shall include revenues derived from the sale of water for irrigation, domestic, industrial or other uses, or for the development by others of water power; also, revenues derived from furnishing water power for mechanical purposes when the investment in the property used in supplying such water or water power is carried in account 1101, Electric Plant in Service.

(B) The records for this account shall be so kept as to permit an analysis of the rates charged and the purposes for which the water was used, such as public water supply, development of electricity by other utilities, industrial uses, irrigation, etc.

This account shall be used only when water or mechanical power is actually delivered to the customers' premises. When electricity is generated on the utility's premises, the revenue therefrom shall be credited to the appropriate account for sales of electric energy.

This account shall include revenues accruing to the utility from charges to customers on account of the maintenance of appliances, wiring, piping, or other installations on customers' side of meters.

This account shall include revenues derived from electric operations not includible in any of the foregoing accounts. This covers such items as fees and charges for changing, connecting and disconnecting service, profit on the sale of unused materials and supplies not ordinarily purchased for resale, commissions on sales or distribution of others' electric energy (sold under rates filed by such others), management or supervision fees, sale of steam (except when the utility furnishes steam-heating service), and rentals from property included in account 1362, Leased Property on Customers' Premises.

This account shall include items provided for in accounts 1701, 1702 and 1703.

This account shall include the cost of supervising and directing the operation and maintenance of generating stations.

This account shall include the pay of employees for the time during which they are engaged in operating the production plant.

This account shall include the pay of employees or others for the time during which they are engaged in making repairs to the production plant. This includes, in addition to labor on actual repairs, such work as routine inspection and testing, replacing or adding minor items of plant (see electric plant instruction § 182.2, subd. [c]), testing for, locating and clearing trouble, restoring the condition of damaged property, etc., but not replacing items of property designated as “units of property.”

(A) This account shall include the cost delivered at stations of coal, oil, gasoline, gas, or other fuel used in the production of electric energy. It shall also include the net cost of, or amount realized from, the disposal of ashes.

(B) Records shall be kept to show the quantity B.t.u. content, if available, and cost of each type of fuel used.

This account shall include the cost of water purchased for hydraulic power generation.

Exclude from this account and include in account 1731, Operation Supplies and Expenses, water purchased for condensers, and for cooling engines, and for general station use.

This account shall include items provided for in accounts 1731 and 1732.

This account shall include the cost of all supplies, tools, etc., used, and miscellaneous expenses incurred, in generating stations, but not repair materials, parts, etc.

Exclude herefrom and include in account 1732 supplies and expenses in connection with repairs to the generating station.

This account shall include materials and supplies used and expenses incurred in repairing and maintaining the generating stations.

Materials recovered in connection with repair and maintenance work which is charged to this account, shall be credited hereto; repairing such materials for reuse shall be charged hereto.

(A) This account shall include all rents for property of others used, occupied, or operated in connection with the generation of electricity. Taxes paid on such property shall be charged hereto. (See also electric plant instruction § 182.8.)

(B) If the leased property is used by more than one department of the utility, the rental (and taxes) shall be apportioned to the departments making use of the property on an equitable basis. If a portion of the rented property is subleased, the revenue therefrom shall be included in account 1610, Rent from Electric Operating Property.

This account shall include the cost of steam purchased for use in steam engines and turbines devoted to the production of electricity; and also charges for steam transferred to electric generation from another operating department of the company.

The records shall be so kept as to show separately for each company from which steam is purchased, the point of delivery, the quantity, the price, and the total charge. When steam is transferred from another operating department, the utility shall be prepared to show full details of the cost of producing such steam, the basis of the charges to electric generation, and the extent and manner of use by each department involved.

(A) This account shall include the cost at the point of delivery to the utility of electricity purchased for resale, including charges for readiness to serve. This account shall be so kept as to show the following:

(B) The records shall also show, by months, the demands and demand charges and kilowatt- hours and prices thereof under each purchase contract.

(C) When electricity is interchanged with others, this account shall show the gross amount which would be payable for electricity received if no electricity had been furnished to the person supplying the electricity, and the gross amount which would be receivable if no electricity were received from the person to whom electricity was supplied.

This account shall be charged with any production expenses, including expenses incurred directly in connection with the purchase of power, which are not specifically provided for in the other production expense accounts.

This account shall include credits for steam produced in the electric department and transferred to another operating department of the utility, except when such production is treated as a joint facility, in which case it shall be accounted for as provided in accounts 1808-1809.

The utility shall keep records to show the basis for determining the amounts to be credited to this account.

The accounting for steam used by the electric department itself shall be in accordance with operating revenue instruction § 183.5.

This account shall include items provided for in accounts 1761 to 1765.

This account shall include the cost of supervising and directing the operation and maintenance of the transmission and distribution systems.

The account shall include the pay of employees for the time during which they are engaged in operating the transmission and distribution systems, except labor on work on customers' premises (chargeable to account 1763) and labor on street lighting and signal systems (chargeable to account 1765). (See also note hereunder.)

Maintenance labor shall be included in account 1763 or 1764 as appropriate.

This account shall include the pay of employees for the time during which they are engaged in inspecting, testing, repairing, removing and resetting or changing the location of meters or instrument transformers and accessory equipment located on customers' premises, investigating service complaints, and also lamp service and other work on customers' premises.

The cost of the first installation of a meter shall not be charged to this account but to electric plant account 1360, Meters.

This account shall include the pay of employees engaged in repairing and maintaining transmission and distribution substations and overhead and underground lines, including line transformers and devices, but not meters or street lighting and signal systems.

Meter repair labor shall be included in account 1763; street lighting and signal system repair labor shall be included in account 1765.

The cost of maintenance does not include the cost of replacing items of property designated as “units of property.”

This account shall include the pay of employees for the time during which they are engaged in work on the street lighting and signal systems, including traffic, fire, and police signal systems.

The cost of maintenance does not include the cost of replacing items of property designated as “units of property.”

This account shall include items provided for in accounts 1771, 1772 and 1773.

This account shall include the cost of all supplies, tools, etc., used and miscellaneous expenses incurred in operating the transmission and distribution systems, except materials, supplies and expenses used in maintenance and on the street lighting and signal systems.

All materials and supplies used and expenses incurred on street lighting and signal systems are chargeable to account 1773, Street Lighting and Signal System Materials, Supplies and Expenses; maintenance materials and supplies used and expenses incurred on other transmission and distribution property are chargeable to account 1772, Maintenance Materials, Supplies and Expenses.

This account shall include the cost of materials and supplies used and expenses incurred in repairing and maintaining transmission and distribution system property, except the street lighting and signal systems, but including materials and supplies used and expenses incurred in work on customers' premises.

This account shall include the cost of materials and supplies used and expenses incurred in operating, repairing and maintaining the street lighting and signal systems, including traffic, fire, and police signal systems. This includes, in addition to materials and supplies used on repairs to street lighting and signal system property, such items as lamps, glassware, relays, time clocks, etc., but does not include the cost of replacing items designated as “units of property.”

(A) This account shall include all rents for property of others used, occupied, or operated in connection with the transmission or distribution system. Taxes paid on such property shall be charged hereto. (See also electric plant instruction § 182.8.)

(B) If the leased property is used by more than one department of the utility, the rental (and taxes) shall be apportioned on an equitable basis to the departments making use of the property. If a portion of the rented property is subleased, the revenue therefrom shall be included in account 1610, Rent from Electric Operating Property.

This account shall include items provided for in accounts 1781 and 1782 below.

This account shall include the pay of employees engaged in reading customers' meters, and the cost of supplies used and expenses incurred in connection therewith.

This account shall include the pay and expenses of employees engaged on customers' applications, contracts, orders, complaints, and inquiries, and in making credit investigations, billing, collecting customers' bills, and bookkeeping; and the cost of supplies used and expenses incurred in connection therewith.

This account shall be charged each month with amounts sufficient to provide for losses from uncollectible electric revenues. Concurrent credits shall be made to account 1254, Reserve for Uncollectible Accounts. Losses from uncollectible accounts shall be charged to such reserve.

(A) This account shall include rents for property of others used, occupied, or operated in connection with customers' accounting and collecting, such as for a commercial office. Taxes paid on such property shall be charged hereto. (See also electric plant instruction § 182.8.)

(B) If the leased property is used by more than one department of the utility, the rents (and taxes) shall be apportioned on an equitable basis to the departments making use of the property. If a portion of the rented property is subleased, the revenue therefrom shall be included in account 1610, Rent from Electric Operating Property.

If the commercial office and the general office occupy space jointly, and the allocation of the rental to each office is not practicable, the entire amount for office rental may be included in account 1803, General Rents.

This account shall include the cost of labor employed and expenses incurred for the purpose of promoting the sale of electricity, other than merchandising, jobbing or contract work activities.

(A) This account shall include expenses of merchandising, jobbing and contract work; also all revenues derived from the sale of electric merchandise, and jobbing or contract work, including any profit or commissions accruing to the utility from jobbing work performed by it as agent under agency contracts whereby it undertakes to do jobbing work for another for a stipulated profit or commission.

(B) This account shall be subdivided as follows:

This account shall include the compensation (salaries, bonuses and other consideration for services) of officers and executives of the utility, properly chargeable to electric operations and not chargeable directly to a particular electric function.

Directors' fees, even though paid to officers, shall be charged to account 1800, Other General Expenses.

This account shall include the compensation of employees engaged in the general offices properly chargeable to electric operations and not chargeable directly to a particular electric function.

This account shall include the expenses of general officers and general office employees, and the cost of office supplies and office expenses in connection with the general administrative functions of the utility's electric operations.

(A) This account shall include amounts payable to any corporation, firm or individual, other than officers and employees of the utility, for special services to the electric department for general supervision and management services and expenses, and for legal and other special services and expenses.

(B) Class C utilities shall subdivide this account as follows:

(C) Records supporting this account shall be so kept as to show: (1) the basis of each fee, (2) the amount of the fee, and (3) the person to whom the fee is paid or payable.

Legal or other special services in connection with formal cases before regulatory commissions, or in cases in which such a commission is a party, shall be charged to account 1797, Regulatory Commission Expenses, or when specifically applicable to injury or damage cases to account 1798, Insurance, Injuries and Damages, or other appropriate account.

Legal or other special services incident to the construction of electric property shall be charged to the appropriate utility plant accounts. Legal services incident to the issuance of long-term debt or capital stock shall be charged to account 1140, Unamortized Debt Discount and Expense, account 1240, Unamortized Premium on Debt, or account 1151, Capital Stock Expense, as appropriate.

(A) This account shall include all expenses (except pay of regular employees only incidentally engaged in such work), property includible in electric operating expenses, incurred by the utility in connection with formal cases before regulatory commissions, or other regulatory bodies or cases in which such a body is a party, including payments made to a regulatory commission for fees assessed against the accounting utility for pay and expenses of such commission, its officers, agents, and employees and also including payments to the United States for the administration of the Federal Power Act.

(B) Amounts of regulatory commission expenses which are spread over future periods shall be charged to account 1146, Miscellaneous Deferred Debits, and amortized by charges to this account. (See general instruction § 181.4.)

(C) The utility shall be prepared to report the cost of each formal case.

(D) The costs which may be partly chargeable in this account and partly to the other accounts enumerated in notes A and B to account 1795 shal1 be equitably apportioned, and the basis of allocation to the several accounts shall be submitted to this commission.

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.

Do not include in this account costs incident to the construction of electric property, which are chargeable to the tangible electric plant accounts. Costs incurred in connection with property purchases shall be accounted for as provided in paragraph D of account 1106, Unclassified Electric Plant. Costs incurred incident to the issuance of long-term debt shall be charged to account 1140, Unamortized Debt Discount and Expense, or account 1240, Unamortized Premium on Debt, as applicable; costs incurred incident to the issuance of capital stock shall be charged to account 1151, Capital Stock Expense.

Do not include in this account expenses in connection with investigations by legislative bodies or cases to which the utility is not a party.

(A) This account shall include the cost of insurance to protect the utility against the following losses and damages:

(B) Amounts may be accrued monthly sufficient to meet the probable liability for such losses, concurrent credits being made to account 1255, Reserve for Insurance, Injuries and Damages, in which case 1osses sustained shall be charged to the reserve. This includes payments to attorneys, investigators and adjusters, court costs, etc.

(C) Reimbursements from insurance companies or others for expenses charged hereto on account of property damages or for injuries and damages, and insurance dividends or refunds, shall be credited to this account.

If clearing accounts 1902 to 1905 are kept, the applicable items provided for in this account shall be included in such clearing accounts.

The utility shall so keep its records as to show the amount of coverage for each class of insurance carried, the property covered, the applicable premiums, and the distribution of the costs to specific operations or functions. If the utility carries reserves for self-insurance, it shall keep records to show the types of losses against which such reserves are maintained, and the basis of the accruals to the reserves for each risk covered.

(A) This account shall include such items of expense applicable to the electric department, not provided in other accounts, as the cost of publishing and distributing annual reports to stockholders; advertising notices of stockholders' meetings; dividend and other corporate and financial notices of a general character; association dues; contributions for conventions and meetings of the industry; fees of transfer agents, registrars of stock and fiscal agents; director's fees; fees for filing annual reports and tariff schedules; commissions paid under agency sales contracts expenses incurred in accident, welfare, educational and recreational work; cost of life insurance for employees when the utility is not the beneficiary; pensions payable currently to retired employees or their beneficiaries and the cost of advance provision for pensions to be paid to retired employees or their beneficiaries, except payroll taxes, (see general instruction § 181.12); cost of employees' relief and benefits; and any other miscellaneous expenses connected with the general management and not otherwise provided for.

(B) This account shall not include any charges representing amounts used or to be used for the purchase of securities of the accounting company or any associated company, whether contributed by the accounting company or deducted from salaries and wages of employees, unless and until such amounts have actually been realized and paid to the employees in cash or its equivalent subject to their free disposition. To the extent that the securities thus purchased have an actual market value, the amounts paid for them may be carried meanwhile in account 1114, Miscellaneous Investments and Special Funds; otherwise such amounts shall be charged to account 1538, Miscellaneous Income Deductions. (See general instruction § 181.7.)

When the utility is the beneficiary of insurance on officers or employees, the cash surrender value shall be included in account 1133, Miscellaneous Current and Accrued Assets, and the excess of cost of the insurance over such cash surrender value shall be charged to account 1538, Miscellaneous Income Deductions.

No charges shall be made to this account or distributed to other accounts to cover advance provision for future pension payments, unless the controlling plan has been filed with the commission; and no charges shall be made in anticipation of discretionary pension payments in the future.

Records shall be kept so that the amounts paid for pensions and the amounts paid as advance provision for future pensions can be readily determined.

Upon adoption of an accrual plan of accounting, pension payments to employees retired before the adoption of such plan shall be charged to an existing pension reserve until such reserve is exhausted, unless any such existing reserve is eliminated by payment of an equivalent amount into the pension trust fund.

This account shall include the cost of operating and maintaining general buildings and general office furniture and equipment.

(A) This account shall include rent, covering the property of others used, occupied, or operated in connection with the general and administrative functions of the utility, such as general offices. Taxes paid on such property shall be charged hereto. (See also electric plant instruction § 182.8.)

(B) If the leased property is used by more than one department of the utility, the rental (and taxes) shall be apportioned on an equitable basis to the departments making use of the property. If a portion of the rented property is subleased, the revenue therefrom shall be included in account 1610, Rent from Electric Operating Property.

If the commercial office and the general office occupy space jointly and the allocation of the rental to each office is not practicable, the entire amount of such rental may be included in this account.

(A) This account shall include payments to municipal or other governmental authorities, and the cost of materials, supplies and services furnished such authorities without reimbursement in compliance with franchise, ordinance, or similar requirements, provided, however, that the utility may charge to this account at regular tariff rates, instead of cost, electricity furnished without charge under provisions of franchises.

(B) When no direct outlay is involved, concurrent credits for such charges shall be to account 1806, Duplicate Charges—Credit.

Taxes shall not be charged to this account. (See account 1507, Operating Taxes.

The cost of plant, supplies, etc., given as an initial consideration for a franchise running for more than one year shall be charged to account 1302, Franchises and Consents.

(A) This account shall include concurrent credits for charges which are made to account 1805, Franchise Requirements, to the extent that such charges do not represent direct outlays. It shall also include concurrent credits for charges made to operating expense or other accounts of the electric department for electricity or steam for heating for which there is no direct money outlay.

(B) This account shall be so kept as to disclose the nature and amount of each item included herein.

(A) This account shall be credited with amounts recorded in the administrative and general expenses which are properly includible in construction costs, covering the portion of the pay and expenses of general officers, clerks, and others when engaged on construction work.

(B) The records supporting this account shall be so kept as to show the basis of determining the amounts transferred to construction.

See electric plant instruction, paragraph (5) of subdivision (a) of section 182.3.

(A) A joint facility for the purpose of this system of accounts is defined as any property occupied or used jointly by the utility and another or others under a definite arrangement whereby the actual costs are shared between or among the parties. Property of the utility occupied or used under a similar definite arrangement between the electric department and a coordinate department or departments shall likewise be considered as a joint facility.

(B) Amounts payable by the electric department to others or to a coordinate department for joint facilities used, occupied, or operated in connection with electric operations (except steam transferred from another operating department which shall be charged to account 1736, Steam Purchased) shall be charged to account 1808, Joint Expenses—Debit; amounts receivable under the arrangement shall be credited to account 1809, Joint Expenses—Credit.

(C) These accounts shall also include interdepartmental rents receivable or payable even though such rents are not determined on the basis of costs of operation and maintenance of property jointly used.

(D) The records supporting the entries to these accounts shall be so kept that the utility can furnish a complete explanation of the items therein.

(A) This account shall include the cost of labor employed and expenses incurred in the operation and maintenance of the electric storerooms, shops and laboratories if such expenses are not allocated, either directly or through the medium of a clearing account, to the accounts benefited.

(B) This account, when kept, shall include costs covered by the text and items listed in accounts 1902, Stores Expenses—Clearing, and 1905, Shop and Laboratory Expenses—Clearing, except depreciation, insurance, and rents. (See accounts 1503, 1798 and 1803.)

The cost of repairs to transformers, meters and other plant made at the shop shall not be included herein but in the accounts appropriate for such maintenance. (See account 1763, Labor on Customers' Premises, account 1764, Maintenance Labor, and account 1765, Labor on Street Lighting and Signal Systems, and the applicable accounts for maintenance materials.)

Stores, shop and laboratory expenses applicable to construction shall not be included in operating expenses.

(A) This account shall include the cost of labor employed and expenses incurred in the operation and maintenance of transportation equipment if such expenses are not allocated, either directly or through the medium of a clearing account, to the accounts benefited. For item list and optional accounting, see account 1903, Transportation Expenses—Clearing.

(B) This account, when kept, shall include costs covered by the text and items listed in account 1903, Transportation Expenses—Clearing.

Transportation expenses applicable to construction shall not be included in operating expenses.

(A) This account shall include all charges made by associated companies against the utility for any purpose whatsoever (except interest), including charges for management, supervision, purchasing, construction, accounting, engineering, legal, financial, rent, advertising, materials and supplies, equipment and other property, commissions, taxes and other items, together with credits applicable thereto as provided in general instruction section 181.7.

(B) This account shall be cleared by charging the appropriate accounts with the expenditures applicable thereto.

(C) The records supporting this account shall be so kept as to show the nature of each charge together with the account or accounts to which each charge is cleared.

The mandatory use of this account may be suspended upon order of the commission if equivalent information is readily obtainable from other records of the utility.

(A) This account shall include the cost of labor and expenses incurred in the operation and maintenance of the storerooms (other than those identified only with a particular function) including storage, handling and distribution of materials and supplies.

(B) Cash discounts shall be credited hereto when such discounts can not be applied to the cost of particular materials.

(C) This account shall be cleared by adding to the cost of materials and supplies a suitable loading charge which will distribute the expense equitably over stores issues.

Large differences in the accounts disclosed by inventories, which can readily be assigned to important classes of materials, shall be equitably adjusted among the accounts to which such classes of materials have been charged since the preceding inventory. Other differences shall be equitably apportioned among the accounts to which materials have been charged, or included in this account.

(A) This account shall include the cost of labor and expenses incurred in the operation and maintenance of the electric general transportation equipment, including direct taxes and depreciation on transportation equipment.

(B) This account shall be cleared by apportionment to operating expense, electric plant, or other accounts benefited on a basis which will distribute the expenses equitably. Credits to this account shall be made in such detail as to permit ready analysis.

(A) This account shall include the cost of labor and expenses incurred in the operation and maintenance of shops and laboratories of the utility, other than those identified wholly with a particular function.

(B) This account shall be cleared by apportionment to operating expense, electric plant, or other accounts benefited on a basis which will distribute the expenses equitably. Credits to this account shall be made in such detail as to permit ready analysis.

(C) If a laboratory is maintained at a generating station in connection with the operation of the station, the costs incident to its operation and maintenance shall be charged to the appropriate production expense account.