# Units of Property Accounting Regulations
> **US Department of Energy** · Final rule. · Published 1998-02-11 · Effective 1998-03-13 · 63 FR 6847
## Document
- **Document number:** 98-3457
- **Category:** other
- **Sub-agency:** US Department of Energy
- **Federal Register citation:** 63 FR 6847
- **CFR reference:** 18 CFR 101
- **Publication date:** 1998-02-11
- **Effective date:** 1998-03-13
- **Energy docket:** Docket No. RM97-6-000
## Abstract

The Federal Energy Regulatory Commission is amending its units of property and oil pipeline regulations to require companies to maintain a written property units listing, to apply the listing consistently, and to furnish the Commission with a justification of any changes in the listing, if requested, and to clarify that companies may use estimates when it is impractical or unduly burdensome for companies to identify the cost of retired property. In addition, the Commission is removing certain regulations which prescribe unit-of-property listings for jurisdictional companies. These changes will allow companies additional flexibility in maintaining their records of units of property. Finally, the Commission also is removing the regulation which prescribes a minimum rule that requires oil pipelines to charge operating expenses for acquisitions, additions and improvements costing less than $500.

## Source
- [Federal Register document](https://www.federalregister.gov/documents/1998/02/11/98-3457/units-of-property-accounting-regulations)
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