3 AAC 48.277 - Uniform system of accounts
(a) Except as
otherwise ordered by the commission, each public utility or pipeline carrier
shall comply with the following Uniform System of Accounts applicable to that
utility or carrier:
(1) a telephone utility
shall maintain records and accounts in accordance with the Uniform System of
Accounts for Telecommunications Companies prescribed by 47 C.F.R. 32, as
revised as of January 1, 1988 and adopted by reference, subject to the
following modifications, exceptions, and exclusions:
(A) a telephone utility with annual operating
revenues of $5,000,000 or more is a Class A utility and shall use the Class A
system of accounts under 47 C.F.R. 32;
(B) a telephone utility with annual operating
revenues of less than $5,000,000 is a Class B utility and shall use the Class B
system of accounts under 47 C.F.R. 32;
(C) the provisions of
47 C.F.R.
32.16(a),
47 C.F.R.
32.22(a) and (c),
47 C.F.R.
32.27(f),
47 C.F.R.
32.2000(b)(1) and (4), 47
C.F.R. 32.2004, 47 C.F.R. 32.2005(b)(3), 47 C.F.R. 32.2215, 47 C.F.R. 32.2425, 47 C.F.R. 32.6215, and 47 C.F.R. 32.6425 are not adopted by
reference;
(D) a reference in 47
C.F.R. 32 to "Commission," "Federal Communications Commission," "Common Carrier
Bureau," or "Wireline Competition Bureau" means the Regulatory Commission of
Alaska;
(E) the dollar-limit
waivers provided for in 47 C.F.R. 32 are not applicable for purposes of the
account treatment required by this paragraph, with the following exceptions:
(i) the provisions of
47 C.F.R.
32.25 are adopted, as revised to allow a
Class A telephone utility, without prior commission approval, to record in
current operating accounts a correction of an error in a prior period that is
no more than one percent of the aggregate summary account;
(ii) the provisions of
47 C.F.R.
32.2000(d)(1) are
adopted;
(iii) the provisions of
47 C.F.R.
32.2003(b) are adopted, as
revised to allow a Class A telephone utility to book short-term plant under
construction to plant accounts when the cost of a construction project is
$100,000 or less and to allow a Class B telephone utility to book plant under
construction to plant accounts when the cost of the construction project is
$25,000 or less;
(iv) the
provisions of 47 C.F.R.
32.2000(a)(4), as revised as
of January 1, 2003, are adopted by reference to allow a telephone utility to
employ a capitalization threshold of $2,000 for the applicable accounts
identified in 47 C.F.R.
32.2000(a)(4);
(v) a telephone utility following
47 C.F.R.
32.2000(a)(4), as adopted by
reference in (iv) of this subparagraph, may elect a $500 capitalization
threshold in place of the $2,000 threshold; within 60 days after November 28,
2003, a telephone utility making an election under this sub-subparagraph must
file with the commission a letter indicating the election to use the lower
threshold; once the election is made, the telephone utility may not change to
the $2,000 threshold without commission approval;
(F) for purposes of the account at
47 C.F.R.
32.2003 for plant under construction, a
telephone utility shall capitalize allowance for funds used during construction
and construction work in progress using a capitalization rate based on the
actual average cost of debt, as provided for in
47 C.F.R.
32.2000(c)(2)(x),
47 C.F.R.
32.2003(a) and (c), and 47
C.F.R. 32.7340, as revised as of September 6, 1995 and adopted by
reference;
(2) for purposes of applying (1) of this
subsection a telephone utility shall follow the cost allocation principles
prescribed by 47 C.F.R.
64.901, as revised as of January 1, 1988 and
adopted by reference;
(3) for
purposes of allocating the costs of joint use or interconnection of facilities
under 3 AAC 48.430, a telephone utility
shall account for its operations in accordance with (1) and (2) of this
subsection;
(4) in (1) - (3) of
this subsection "telephone utility" means a telecommunications public utility,
except for a cable television or radio common carrier utility;
(5) gas public utilities with annual
operating revenues of $5,000,000 or more shall maintain records and accounts in
accordance with the Uniform System of Accounts for Class A natural gas
companies prescribed by Part 201 of the Federal Energy Regulatory Commission
regulations ( 18 C.F.R. Part 201 ) which were in effect on January 1,
1982;
(6) gas public utilities with
annual operating revenues of at least $1,500,000 but less than $5,000,000 shall
maintain records and accounts in accordance with the Uniform System of Accounts
for Class B natural gas companies prescribed by Part 201 of the Federal Energy
Regulatory Commission regulations ( 18 C.F.R. Part 201) which were in effect
on January 1, 1982;
(7) gas public
utilities with annual operating revenues of at least $500,000 but less than
$1,500,000 shall maintain records and accounts in accordance with the Uniform
System of Accounts for Class C natural gas companies prescribed by Part 204 of
the Federal Energy Regulatory Commission regulations ( 18 C.F.R. Part 204 )
which were in effect on January 1, 1982;
(8) gas public utilities with annual
operating revenues of less than $500,000 shall maintain records and accounts in
accordance with the Uniform System of Accounts for Class D natural gas
companies prescribed by Part 204 of the Federal Energy Regulatory Commission
regulations ( 18 C.F.R. Part 204) which were in effect on January 1,
1982;
(9) electric public utilities
financed in whole or in part by the Rural Electrification Administration shall
maintain their records and accounts in accordance with the Uniform System of
Accounts prescribed for electric borrowers of the Rural Electrification
Administration, United States Department of Agriculture, which were in effect
on January 1, 1982;
(10) electric
public utilities not subject to (9) of this subsection with annual operating
revenues of $5,000,000 or more shall maintain records and accounts in
accordance with the Uniform System of Accounts for Class A public utilities
prescribed by Part 101 of the Federal Energy Regulatory Commission regulations
( 18 C.F.R. Part 101) which were in effect on January 1, 1982;
(11) electric public utilities not subject to
(9) of this subsection with annual operating revenues of at least $1,500,000
but less than $5,000,000 shall maintain records and accounts in accordance with
the Uniform System of Accounts for Class B public utilities prescribed by Part
101 of the Federal Energy Regulatory Commission regulations ( 18 C.F.R. Part
101) which were in effect on January 1, 1982;
(12) electric public utilities not subject to
(9) of this subsection with annual operating revenues of at least $500,000 but
less than $1,500,000 shall maintain records and accounts in accordance with the
Uniform System of Accounts for Class C public utilities prescribed by Part 104
of the Federal Energy Regulatory Commission regulations ( 18 C.F.R. Part 104)
which were in effect on January 1, 1982;
(13) electric public utilities not subject to
(9) of this subsection with annual operating revenues of less than $500,000
shall maintain records and accounts in accordance with the Uniform System of
Accounts for Class D public utilities prescribed by Part 104 of the Federal
Energy Regulatory Commission regulations (18 C.R.F. Part 104) which were in
effect on January 1, 1982;
(14)
water public utilities with annual operating revenues of $1,000,000 or more
shall maintain records and accounts in accordance with the Uniform System of
Accounts for Class A water utilities prescribed by the National Association of
Regulatory Utility Commissioners which were in effect on January 1,
1982;
(15) water public utilities
with annual operating revenues of at least $500,000 but less than $1,000,000
shall maintain records and accounts in accordance with the Uniform System of
Accounts for Class B water utilities prescribed by the National Association of
Regulatory Utility Commissioners which were in effect on January 1,
1982;
(16) water public utilities
with annual operating revenues of at least $250,000 but less than $500,000
shall maintain records and accounts in accordance with the Uniform System of
Accounts for Class C water utilities prescribed by the National Association of
Regulatory Utility Commissioners which were in effect on January 1,
1982;
(17) water public utilities
with annual operating revenues of less than $250,000 shall maintain records and
accounts in accordance with the Uniform System of Accounts for Class D water
utilities prescribed by the National Association of Regulatory Commissioners
which were in effect on January 1, 1982;
(18) garbage, refuse, trash, and other waste
material public utilities with annual operating revenues of $250,000 or more
shall maintain records and accounts in accordance with the Uniform System of
Accounts for Class 1 solid waste collection and disposal utilities prescribed
by the Department of Public Utilities, State of New Jersey, which were in
effect on January 1, 1982;
(19)
garbage, refuse, trash, or other waste material public utilities with annual
operating revenues of less than $250,000 but more than $100,000 shall maintain
records and accounts in accordance with the Uniform System of Accounts for
Class 2 solid waste collection and disposal utilities prescribed by the
Department of Public Utilities, State of New Jersey, which were in effect on
January 1, 1982;
(20) garbage,
refuse, trash, or other waste material public utilities with annual operating
revenues of less than $100,000 shall maintain records and accounts in
accordance with the Uniform System of Accounts for Class 3 solid waste
collection and disposal utilities prescribed by the Department of Public
Utilities, State of New Jersey, which were in effect on January 1,
1982;
(21) community antenna or
cable television (CATV) public utilities with annual operating revenues of
$200,000 or more shall maintain records and accounts in accordance with the
Uniform System of Accounts for Class A CATV public utilities prescribed by the
National Association of Regulatory Utility Commissioners which were in effect
on January 1, 1982;
(22) community
antenna or cable television (CATV) public utilities with annual operating
revenues of less than $200,000 shall maintain records and accounts in
accordance with the Uniform System of Accounts for Class B CATV public
utilities prescribed by the National Association of Regulatory Utility
Commissioners which were in effect on January 1, 1982;
(23) beginning with the utility's fiscal year
immediately following the effective date of this paragraph, radio common
carrier public utilities shall maintain records and accounts in accordance with
the Uniform System of Accounts for radio common carrier public utilities
prescribed by the National Association of Regulatory Utility Commissioners
which were in effect on January 1, 1982;
(24) beginning with the utility's fiscal year
immediately following the effective date of this paragraph, sewer public
utilities with annual operating revenues of $1,000,000 or more shall maintain
records and accounts in accordance with the Uniform System of Accounts for
Class A sewer utilities prescribed by the National Association of Regulatory
Utility Commissioners which were in effect on January 1, 1982;
(25) beginning with the utility's fiscal year
immediately following the effective date of this paragraph, sewer public
utilities with annual operating revenues of at least $500,000 but less than
$1,000,000 shall maintain records and accounts in accordance with the Uniform
System of Accounts for Class B sewer public utilities prescribed by the
National Association of Regulatory Utility Commissioners which were in effect
on January 1, 1982;
(26) beginning
with the utility's fiscal year immediately following the effective date of this
paragraph, sewer public utilities with annual operating revenues of at least
$250,000 but less than $500,000 shall maintain records and accounts in
accordance with the Uniform System of Accounts for Class C sewer public
utilities prescribed by the National Association of Regulatory Utility
Commissioners which were in effect on January 1, 1982;
(27) beginning with the utility's fiscal year
immediately following the effective date of this paragraph, sewer public
utilities with annual operating revenues of less than $250,000 shall maintain
records and accounts in accordance with the Uniform System of Accounts for
Class D sewer utilities prescribed by the National Association of Regulatory
Utility Commissioners which were in effect on January 1, 1982;
(28) beginning with the pipeline carrier's
fiscal year immediately following the effective date of this paragraph,
pipeline carriers shall maintain records and accounts in accordance with the
Uniform System of Accounts for oil (crude and products) pipelines prescribed by
Part 352 ( 18 C.F.R. Part 352) of the Federal Energy Regulatory Commission
regulations which were in effect on January 1, 1982;
(29) beginning with the pipeline carrier's
fiscal year immediately following the effective date of this paragraph, natural
gas pipeline carriers with annual operating revenues of $2,500,000 or more
shall maintain records and accounts in accordance with the Uniform System of
Accounts for Class A natural gas pipelines prescribed by Part 201 of the
Federal Regulatory Commission regulations ( 18 C.F.R. Part 201) which were in
effect on January 1, 1982;
(30)
beginning with the pipeline carrier's fiscal year immediately following the
effective date of this paragraph, natural gas pipeline carriers with annual
operating revenues of at least $1,000,000 but less than $2,500,000 shall
maintain records and accounts in accordance with the Uniform System of Accounts
for Class B natural gas pipelines prescribed by Part 201 of the Federal Energy
Regulatory Commission regulations ( 18 C.F.R. Part 201) which were in effect
on January 1, 1982;
(31) beginning
with the pipeline carrier's fiscal year immediately following the effective
date of this paragraph, natural gas pipeline carriers with annual operating
revenues of at least $150,000 but less than $1,000,000 shall maintain records
and accounts in accordance with the Uniform System of Accounts for Class C
natural gas pipelines prescribed by Part 204 of the Federal Energy Regulatory
Commission regulations ( 18 C.F.R. Part 204) which were in effect on January
1, 1982;
(32) beginning with the
pipeline carrier's fiscal year immediately following the effective date of this
paragraph, natural gas pipeline carriers with annual operating revenues of less
than $150,000 shall maintain records and accounts in accordance with the
Uniform System of Accounts for Class D natural gas pipelines prescribed by Part
204 of the Federal Energy Regulatory Commission regulations ( 18 C.F.R. Part
204) which were in effect on January 1, 1982.
(b) Each of the Uniform System of Accounts
referred to in (a) of this section may be obtained at the office of the Alaska
Public Utilities Commission as specified in
3 AAC 48.010(a).
(c) Repealed 11/28/2003.
(d) The adoption by reference of the
applicable Uniform System of Accounts set out in (a) of this section does not
preclude a utility, upon notification to the commission, from maintaining
accounts and records in accordance with the Uniform System of Accounts
prescribed for the same type of utility in a higher revenue
classification.
(e) A pipeline
carrier shall establish and maintain as part of its system of accounts
continuing property records showing, as to property units in this state, the
year of placement in service; original cost; and current location; and, as to a
pipeline system, accounts and records in a manner showing, on a current basis,
the original cost of the system in the state and related reserves for
depreciation.
(f) A pipeline
carrier shall keep its accounts for its pipeline facilities located in this
state separate from any accounts relating to any other business it engages in,
directly or indirectly. No property, expense, or revenue used in or derived
from the other business will be considered in establishing the rates and
charges of the facilities.
Notes
Authority:AS 42.05.141
AS 42.05.151
AS 42.05.321
AS 42.05.361
AS 42.05.401
AS 42.05.451
AS 42.05.691
AS 42.06.140
AS 42.06.430
AS 42.06.620
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