Pennsylvania Code
Title 52 - PUBLIC UTILITIES
Part I - Public Utility Commission
Subpart C - Fixed Service Utilities
Chapter 73 - ANNUAL DEPRECIATION REPORTS, SERVICE LIFE STUDIES AND CAPITAL INVESTMENT PLANS
Section 73.2 - Definitions

The following words and terms, when used in this chapter, have the following meanings, unless the context clearly indicates otherwise:

Depreciation accrual-The depreciation expense amount, excluding any net salvage allowance amount not already a component of the depreciation formula, which is debited to the income statement and credited to the depreciation reserve account.

Depreciation parameter-A variable used in the depreciation rate formula or used to develop a variable of the depreciation rate formula.

Depreciation rate-The value expressed as a percent applied to utility plant investment to develop annual depreciation accruals.

Major-Each project with a cost in excess of 1% of the undepreciated original cost of the utility's total plant in service or $10 million, whichever is less.

Net salvage-The gross salvage less the cost of removal.