Iowa Administrative Code › Agency 199 - Utilities Division › Utilities and Transportation Divisions › Chapter 16 - Accounting › Rule 199-16.2 - Uniform Systems of Accounts-electric

Current through Register Vol. 47, No. 3, July 24, 2024
The uniform systems of accounts for public utilities and
				  licensees subject to the provisions of the Federal Power Act,  18 CFR Part 101
				   published in the Federal Energy Regulatory Commission's rules and regulations,
				  in effect on April 1, 2000, and the January 1, 2002, uniform systems of
				  accounts for rural electric cooperatives prescribed for electric borrowers of
				  the Rural Utilities Service, as applicable, are adopted with the following
				  modifications:
(1) Definition 7
				published in  18 CFR Part 101  is changed to read: "Commission" means the
				commission except where reference is made to the licensing authority of the
				Federal Energy Regulatory Commission (as in definitions 22 and 27), where
				Commission shall mean the Federal Energy Regulatory Commission. This change
				does not apply to definitions found in Rural Utilities Service uniform systems
				of accounts for rural electric cooperatives.
(2) Definition 29 published in 18 CFR Part
				101 is changed to read: "Public Utility" means any natural or legal person, or
				other entity, defined as a public utility and made subject to the authority of
				the commission by Iowa Code section 476.1. This change does not apply to
				definitions found in Rural Utilities Service uniform systems of accounts for
				rural electric cooperatives.
(3)
				Rescinded IAB 6/25/03, effective 7/30/03.
(4) General instruction 1-B of the uniform
				systems of accounts for electric utilities is modified by adding the following
				sentence: "Utilities subject to rate regulation by the commission shall keep
				all the accounts of these systems of accounts which are applicable to their
				affairs, and utilities not subject to rate regulation shall keep the accounts
				of these systems of accounts for operating revenues only."
(5) General instruction 1-D of the uniform
				systems of accounts for electric utilities is modified by adding the following
				sentence: "It is recommended but not required that electric utilities not
				subject to rate regulation, other than electric cooperatives, keep all
				applicable accounts in accordance with the Federal Energy Regulatory Commission
				uniform systems of accounts,  18 CFR Part 101 ." Rural electric cooperatives not
				subject to rate regulation may choose to keep all applicable accounts in
				accordance with the Rural Utilities Service uniform systems of
				accounts.
(6) General instruction
				2-D of the uniform systems of accounts for electric utilities is modified by
				adding the following sentence: "This shall not prohibit the electric utilities
				from using such additional accounts as they are required or permitted to keep
				for their reporting to other regulatory authorities or to their stockholders
				providing the commission is notified of the nature, amount and purpose of such
				accounts in the annual report to the commission and at such other times as may
				be requested by the commission."
(7) The definitions for the uniform systems
				of accounts for electric utilities, when used in account 424, Promotional
				Practices, are modified to include the following definitions:
a. The word
"affiliate"
shall
				mean any person doing business in this state who directly or indirectly
				controls or is controlled by or is under common control with a public
				utility.
b. The
				word
"appliance"
or
"equipment"
shall mean any
				device, including a fixture, which consumes electric energy and any ancillary
				device required for its operation.
c. The word
"consideration"
shall mean any cash, donation, gift, allowance, rebate, bonds, merchandise (new
				or used), property (tangible or intangible), labor, service conveyance,
				commitment, right, or other thing of value.
d. The word
"financing"
shall
				include acquisition of equity or debt interests, loans, guarantee of loans,
				advances, sale and repurchase agreements, sale and lease-back agreements, sales
				on open account, conditional or installment sales contracts, or other
				investment or extensions of credit.
e. The word
"person"
shall
				include an individual, group, firm, partnership, corporation, cooperative,
				association, or other organization, but not including state or local political
				subdivisions or municipal corporations.
f. The words
"public utility"
or
"utility"
shall include persons defined to be public
				utilities in Iowa Code section 476.1.
g. The words
"promotional
				practices"
shall mean any consideration offered or granted by a public
				utility or its affiliate to any person for the purpose, express or implied, of
				inducing such person to select or use the service or additional service of such
				utility, or to select or install any appliance or equipment designed to use
				such utility service; provided that the words "promotional practices" shall not
				include the following activities:
(1)
				Providing repairs and service to appliances or equipment of customers of a
				public utility in an emergency or to restore service or to prevent hazardous
				conditions or service interruptions.
(2) Inspection and adjustment of appliances
				or equipment by a public utility.
(3) Repairs and other maintenance to
				appliances or equipment by a public utility that could be performed by an
				independent appliance dealer or service shop if charges are at a cost or
				above.
(4) Providing service,
				wiring, piping, appliances, or equipment in accordance with tariffs, rules, or
				regulations of a public utility on file with and approved by the
				commission.
(5) Providing
				appliances, equipment, or instructional services to an educational institution
				for the purpose of instructing students in the use or repair of such appliances
				or equipment.
(6) Providing
				discounts or financing to employees of a public utility to encourage their use
				of the utility's service.
(7)
				Merchandising and related inventorying of appliances or equipment for sale at
				retail and making and fulfilling reasonable warranties against defects in
				material and workmanship in appliances or equipment existing at the time of
				delivery; the elimination of hazardous conditions which due to a grandfather
				provision would not be corrected by the customer and yet would require
				correction to protect the public and minimize company liability.
(8) The replacement of or alterations to a
				customer's obsolete or inefficient system.
(9) Technical, informational, or educational
				assistance offered to persons on the use of energy furnished by a public
				utility or on the use of maintenance of appliances or equipment.
(10) Lunches, gifts, door prizes, etc.,
				presented for attendance at informational meetings, conferences, etc., valued
				at $10 or less shall not be considered to be a promotional practice.
(11) Providing appliances or equipment
				incidental to exhibitions, demonstrations, tests, or experiments of reasonable
				duration.
(12) Any promotional
				practice, or program which includes a promotional practice, designed to develop
				or implement programs that promote energy efficiency and are part of the
				utility's energy efficiency plan developed pursuant to 199-Chapter
				35.