Section 25-6.014 - Records and Reports in General(1) Except as modified in subsection (2), each investor-owned electric utility shall maintain its accounts and records in conformity with the Uniform System of Accounts (USOA) for Public Utilities and Licensees as found in the Code of Federal Regulations, Title 18, Subchapter C, Part 101, for Major Utilities (2013), which is hereby incorporated by reference into this rule and may be accessed at http://www.flrules.org/Gateway/reference.asp?No=Ref-04826 and http://www.flrules.org/Gateway/reference.asp?No=Ref-04827. All inquiries relating to interpretation of the USOA shall be submitted to the Commission's Division of Accounting and Finance in writing.(2) For ratemaking purposes only, each investor-owned electric utility shall accrue unbilled base rate revenues, excluding those base rate revenues recoverable through other cost recovery or adjustment mechanisms.(3) Each utility shall establish and maintain continuing property records in conformity with the plant accounts prescribed in the USOA. The records shall be compiled on the basis of original cost or other book cost consistent with the provisions of the USOA. The continuing property records or records supplemental thereto shall contain such detailed description and classification of property record units that will permit their ready identification and verification. They shall be maintained in such manner as will meet the following basic objectives: (a) An inventory of property record units which may be readily checked for proof of physical existence;(b) The association of costs with such property record units to assure accurate accounting for retirements; and(c) The determination of dates of installation and removal of plant to provide data for use in connection with depreciation studies.(4) For each utility providing data to the Commission, all data shall be consistent with and reconcilable with the utility's Annual Report to the Commission.(5) During visits authorized by Section 366.08, F.S., the utility shall provide staff members with adequate and comfortable working and filing space, consistent with prevailing conditions and climate and comparable with the accommodations provided to the utility's outside auditors.(6) The Commission prescribes the Uniform System of Accounts for Public Utilities and Licensees, as found in the Code of Federal Regulations, Title 18, Subchapter C, Part 101, for Major Utilities (2013), to be used by Rural Electric Cooperative and Municipal Electric Utilities operating within the State. All inquiries relating to interpretations of the USOA shall be submitted to the Commission's Division of Accounting and Finance in writing.Fla. Admin. Code Ann. R. 25-6.014
Rulemaking Authority 350.127(2), 366.05(1) FS. Law Implemented 350.115, 366.02(2), 366.04(2)(a), (f), 366.05(1), 366.08 FS.
Amended 7-29-69, 2-4-76, 8-21-79, 1-2-80, 11-18-82, Formerly 25-6.14, Amended 10-1-86, 11-2-87, 7-20-89, 12-27-94, 4-22-96, 3-30-04, Amended by Florida Register Volume 41, Number 012, January 20, effective 2/2/2015.New 7-29-69, 2-4-76, 8-21-79, 1-2-80, 11-18-82, Formerly 25-6.14, Amended 10-1-86, 11-2-87, 7-20-89, 12-27-94, 4-22-96, 3-30-04, 2-2-15.