Compilation of Rules and Regulations of the State of Georgia › Department 515 - RULES OF GEORGIA PUBLIC SERVICE COMMISSION › Chapter 515-3 - GENERAL RULES › Subject 515-3-1 - GENERAL RULES › Rule 515-3-1-.10 - Accounting Requirements

Current through Rules and Regulations filed through June 27, 2024
The books and records of each utility company shall be
				  maintained in conformity with a Uniform System of Accounts prescribed by the
				  Georgia Public Service Commission as follows:
(1) Each electric and gas utility company
				shall adopt the system of accounts devised by the Federal Energy Regulatory
				Commission for Class "A" and "B" or Class "C" and "D" companies, as
				appropriate.
(2) Uniform System of
				accounts.
(a) Each telephone and telegraph
				company shall adopt the revised system of account devised by the Federal
				Communications Commission for Class "A" and "B" companies, as appropriate,
				except as follows:
1. Depreciation. To the
				extent that the Uniform System of Accounts for Class "A" and "B" Telephone
				Companies of the Federal Communications Commission (47 CFR
				32.2000(g)), adopted above
				may require that depreciation rates be based on estimated service lives
				developed by individual company histories and experience, the same are hereby
				superseded. The prescribed rates are as follows:
(i)
Composite rate.
Unless
				otherwise provided by the Commission, either through prior approval in
				individual cases or upon prescription by the Commission, depreciation rates for
				all classes of depreciable telephone plant shall be fixed at an overall
				composite rate not to exceed eight (8%) percent, effective January 1,
				1995;
(ii)
Individual Account
				Rate Limits.
Subject to the composite rate just stated, the following
				maximum depreciation rates shall apply to the various classes of plant accounts
				as stated:
ACCOUNT
DEPRECIATION RATE (%)
Motor Vehicles
Cars
20.0
Light Trucks
20.0
Heavy Trucks
Garage Work Equipment
11.0
Other Work Equipment
11.0
Buildings
4.5
Furniture
10.0
Office Equipment
12.5
Office Equipment - Communications
12.5
Computer Equipment
18.0
Computer Equipment - PC
20.0
Central Office Equipment - Analog
17.0
Central Office Equipment - Digital
9.0
Central Office Equipment - Electromechanical
20.0
Operator Systems
8.0
Radio Systems - Analog
10.0
Radio Systems - Digital
8.0
Circuit - Analog
14.0
Circuit - Digital
14.0
Public Telephone Equipment
12.5
Other Terminal Equipment
12.5
Pole Line
15.0
Aerial Cable - Metallic
16.0
Aerial Cable - Fiber
14.0
Underground Cable - Metallic
4.5
Underground Cable - Fiber
3.5
Buried Cable - Metallic
9.0
Buried Cable - Fiber
5.2
Submarine Cable
10.0
Intrabuilding Cable
6.0
Aerial Wire
20.0
Conduit Systems
2.5
(iii)
Company Specific Treatment.
Other overall composite or specific
				account depreciation rates, or extraordinary retirements, may be authorized by
				the Commission for ratemaking purposes on an individual company basis where
				adequate evidence presented in a ratemaking proceeding justifies such
				treatment. Notwithstanding any other provision of this rule the Commission
				reserves the right, at its discretion, to require companies to present
				depreciation studies in ratemaking proceedings and to determine, based on the
				evidence in that proceeding the depreciation rate to be used for ratemaking
				purposes. Telephone companies may select the application of remaining life
				depreciation rate calculations for conducting such studies or any other
				approved methodology;
(iv)
Composite Rate Modifications.
The burden of proof for just and
				reasonable depreciation rates shall be upon the Company as provided in O.C.G.A.
				Section 46-2-25 and the Commission
				reserves the right to review and revise the composite rate of depreciation
				prescribed in paragraph (i)(I) hereof from time to time, based upon
				investigations and evidence presented in individual cases or in connection with
				depreciation studies on similar classes of plant performed by any telephone
				company;
(v)
Savings
				Clause.
Nothing herein shall be construed as abrogating or otherwise
				repealing any higher depreciation rate heretofore authorized by the
				Commission;
(vi) The provisions of
				this rule shall not apply to any telephone utility participating in the
				three-way process under the Communications Act of 1934, as amended, or any
				telephone utility serving over 100,000 access lines.