Iowa Admin. Code r. 199-33.7 - Standards for costing asset transfers within a regulated subsidiary or utility
(1) If an asset
that is a direct cost of nonutility operations becomes a cost of utility
operations, the asset shall be transferred or allocated to utility operations
at the lesser of net book value, the price actually charged to affiliates or
nonaffiliates, or the market price of comparable assets.
(2) If an asset that is a direct cost of
utility operations becomes a cost of nonutility operations, the asset shall be
transferred or allocated to the nonutility operations at the greater of net
book value, the price actually charged to affiliates or nonaffiliates, or the
market price of comparable assets.
Notes
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