New York Codes, Rules and Regulations
Title 16 - DEPARTMENT OF PUBLIC SERVICE
Chapter II - ELECTRIC UTILITIES
Subchapter E - Records; Reports
Part 154 - Continuing Property Records-electric Corporations
Section 154.5 - Certain records required

Universal Citation: 16 NY Comp Codes Rules and Regs ยง 154.5

Current through Register Vol. 46, No. 12, March 20, 2024

(a) Each corporation affected by this Part shall keep such records of property and property retirements as will reflect, so far as practicable, the service life of all property retired, and will permit the determination of the age of all existing property; and also such records as well reflect the salvage and cost of removal of property retired from each account including property used wholly or partly in electric operations.

(b) Each such corporation shall also maintain such records supporting its books of account as are necessary to show the reserves accumulated to provide for depreciation or ultimate retirement of its property used wholly or partly in electric operations, separately for each operating property or fixed capital account.

Disclaimer: These regulations may not be the most recent version. New York may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.