Alabama Administrative Code
Title 770 - ALABAMA PUBLIC SERVICE COMMISSION
Chapter 770-X-2 - GENERAL RULES GOVERNING UNIFORM SYSTEM OF ACCOUNTING AND REPORTING OF UTILITIES
Section 770-X-2-.03 - Section 3
Current through Register Vol. 42, No. 5, February 29, 2024
The accounting systems hereby prescribed are as follows:
(a) Electric and Gas: The appropriate, currently effective Uniform System of Accounts of the Federal Energy Regulatory Commission shall be used by all electric and gas utilities.
(b) Water: Generally Accepted Accounting Principles applied on a consistent basis shall be used by all water utilities.
(c) Pipeline Companies: The appropriate, currently effective Uniform System of Accounts of the Federal Energy Regulatory Commission shall be used by all pipeline companies.
Author: Alabama Public Service Commission
Statutory Authority: Code of Ala. 1975, §§ 37-1-32, 37-1-38, 37-1-54.