other · US Department of Energy · Published 2000-08-03 · Effective 2000-10-02 · 65 FR 47664
Document
Document number
00-19507
Federal Register citation
65 FR 47664
CFR reference
18 CFR 101
Type
Rule
Action
Final rule.
Category
other
Sub-agency
US Department of Energy
Publication date
2000-08-03
Effective date
2000-10-02
Energy docket
Docket No. RM99-7-000
Abstract
The Federal Energy Regulatory Commission (Commission) is amending the General Instructions of 18 CFR part 101 to establish, for those public utilities and licensees that are subject to part 101, standards for determining depreciation for accounting purposes. The Commission also explains how it intends to monitor depreciation practices. This action is necessary in order to fulfill the Commission's statutory obligation to ensure that electric utilities charge proper amounts of depreciation to expense in each financial reporting period. The effect of this action will be to ensure that utilities allocate in a systematic and rational manner the cost of utility property to the periods during which the property is used in utility operations.