Code of Massachusetts Regulations
220 CMR - DEPARTMENT OF PUBLIC UTILITIES
Title 220 CMR 50.00 - Uniform System Of Accounts For Gas Companies
INCOME ACCOUNTS
3 - MISCELLANEOUS INCOME DEDUCTIONS
Section 425 - Miscellaneous Amortization

Universal Citation: 220 CMR 50.00 MA Code of Regs 425

Current through Register 1531, September 27, 2024

This account shall include amortization charges not includible in other accounts which are properly deductible in determining the income of the utility before interest charges. Charges includible herein, if significant in amount, must be in accordance with an orderly and systematic amortization program. Similar charges made irregularly without a definite program, or which are dependent upon the amount of net income shall be charged to account 435, Miscellaneous Debits to Surplus.

ITEMS

1. Amortization of amounts in account 182, Extraordinary Property Losses, when not authorized to be included in utility operating expenses by the Department.

2. Amortization of capital stock expenses when in accordance with a systematic amortization program.

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